Permian Resources
182 hedge funds and large institutions have $2.05B invested in Permian Resources in 2019 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 66 increasing their positions, 53 reducing their positions, and 34 closing their positions.
343% more call options, than puts
Call options by funds: $3.51M | Put options by funds: $792K
25% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 53
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 34
2% less funds holding
Funds holding: 185 → 182 (-3)
2.1% less ownership
Funds ownership: 104.44% → 102.34% (-2.1%)
15% less capital invested
Capital invested by funds: $2.43B → $2.05B (-$374M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$16.1M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$13.2M |
| 4 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
+$12.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$73.3M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$31.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$26.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.4M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.74M |
PR Hedge Fund Activity: Q2 2019 in Review
182 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q2 2019, worth a combined $2.05B — down 15% from $2.43B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of PR and 33 opened new positions — a net loss of 1 holder — while 53 trimmed existing stakes and 66 added.
The largest buyer was Millennium Management, adding an estimated $16.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $73.3M.
- 182 institutional investors held Permian Resources (PR) as of Q2 2019, down from 185 in Q1 2019.
- Funds reported $2.05B of Permian Resources stock for Q2 2019, down 15% quarter-over-quarter.
- 33 funds opened new Permian Resources positions in Q2 2019 and 34 closed out, a net change of -1 holder.
- The largest Permian Resources buyer in Q2 2019 was Millennium Management, an estimated $16.1M added.
- The largest Permian Resources seller in Q2 2019 was T. Rowe Price Associates, an estimated $73.3M sold.
Based on aggregated 13F filings for Q2 2019.