Permian Resources
483 hedge funds and large institutions have $10.3B invested in Permian Resources in 2024 Q2 according to their latest regulatory filings, with 106 funds opening new positions, 214 increasing their positions, 117 reducing their positions, and 51 closing their positions.
108% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 51
102% more call options, than puts
Call options by funds: $94.8M | Put options by funds: $47M
83% more repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 117
22% more funds holding in top 10
Funds holding in top 10: 18 → 22 (+4)
12% more funds holding
Funds holding: 433 → 483 (+50)
4.76% more ownership
Funds ownership: 104.88% → 109.64% (+4.8%)
3% more capital invested
Capital invested by funds: $10B → $10.3B (+$299M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$176M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$167M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$80.9M |
| 4 |
Bank of New York Mellon
New York
|
+$74.5M |
| 5 |
Millennium Management
New York
|
+$69.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RH
Riverstone Holdings
New York
|
-$96.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$64.3M |
| 3 |
EECFX
EnCap Energy Capital Fund XI
Houston,
Texas
|
-$58.6M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$56M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$55.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCG
526
Transcendent Capital Group
Edmond,
Oklahoma
| – | -$35.9K | -2,030 | Closed |
|
|
HT
527
Headlands Technologies
Chicago,
Illinois
| – | -$26.4K | -1,497 | Closed |
|
|
IGWM
528
ICA Group Wealth Management
Denver,
Colorado
| – | -$17.7K | -1,000 | Closed |
|
|
PTC
529
Private Trust Company
Cleveland,
Ohio
| – | -$6.82K | -386 | Closed |
|
|
FGAM
530
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$4.16K | -236 | Closed |
|
|
OLVIG
531
Oliver Lagore Vanvalin Investment Group
Flint,
Michigan
| – | -$1.78K | -101 | Closed |
|
532
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.06K | -64 | Closed |
|
|
TWP
533
TFO Wealth Partners
Maumee,
Ohio
| – | -$124 | -7 | Closed |
|
534
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$53 | -3 | Closed |
|
PR Hedge Fund Activity: Q2 2024 in Review
483 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q2 2024, worth a combined $10.3B — up 3% from $10B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new PR positions and 51 closed out — a net gain of 55 holders — while 214 added to existing stakes and 117 trimmed.
The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), opening a new position worth an estimated $176M. The largest seller was Riverstone Holdings, cutting an estimated $96.1M.
- 483 institutional investors held Permian Resources (PR) as of Q2 2024, up from 433 in Q1 2024.
- Funds reported $10.3B of Permian Resources stock for Q2 2024, up 3% quarter-over-quarter.
- 106 funds opened new Permian Resources positions in Q2 2024 and 51 closed out, a net change of +55 holders.
- The largest Permian Resources buyer in Q2 2024 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $176M added.
- The largest Permian Resources seller in Q2 2024 was Riverstone Holdings, an estimated $96.1M sold.
Based on aggregated 13F filings for Q2 2024.