Permian Resources
214 hedge funds and large institutions have $6.16B invested in Permian Resources in 2018 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 84 increasing their positions, 60 reducing their positions, and 30 closing their positions.
47% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 30
40% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 60
30% more capital invested
Capital invested by funds: $4.72B → $6.16B (+$1.44B)
7.81% more ownership
Funds ownership: 99.12% → 106.93% (+7.8%)
6% more funds holding
Funds holding: 201 → 214 (+13)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3% less call options, than puts
Call options by funds: $17.1M | Put options by funds: $17.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$158M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$64.7M |
| 3 |
Millennium Management
New York
|
+$61.9M |
| 4 |
Harris Associates
Chicago,
Illinois
|
+$59.4M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$38.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$65.6M |
| 2 |
JP Morgan Chase
New York
|
-$46.6M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$31M |
| 4 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
-$12.4M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$11.7M |
PR Hedge Fund Activity: Q3 2018 in Review
214 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q3 2018, worth a combined $6.16B — up 30% from $4.72B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PR positions and 30 closed out — a net gain of 14 holders — while 84 added to existing stakes and 60 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $158M. The largest seller was SailingStone Capital Partners, cutting an estimated $65.6M.
- 214 institutional investors held Permian Resources (PR) as of Q3 2018, up from 201 in Q2 2018.
- Funds reported $6.16B of Permian Resources stock for Q3 2018, up 30% quarter-over-quarter.
- 44 funds opened new Permian Resources positions in Q3 2018 and 30 closed out, a net change of +14 holders.
- The largest Permian Resources buyer in Q3 2018 was Fidelity Investments, an estimated $158M added.
- The largest Permian Resources seller in Q3 2018 was SailingStone Capital Partners, an estimated $65.6M sold.
Based on aggregated 13F filings for Q3 2018.