Permian Resources
191 hedge funds and large institutions have $1.27B invested in Permian Resources in 2019 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 81 increasing their positions, 39 reducing their positions, and 38 closing their positions.
574% more call options, than puts
Call options by funds: $6.49M | Put options by funds: $962K
108% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 39
29% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 38
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
5% more funds holding
Funds holding: 182 → 191 (+9)
3.98% more ownership
Funds ownership: 102.34% → 106.32% (+4%)
38% less capital invested
Capital invested by funds: $2.05B → $1.27B (-$784M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$36.3M |
| 2 |
Millennium Management
New York
|
+$33.1M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$24.3M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$24.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$125M |
| 2 |
Neuberger Berman Group
New York
|
-$89.5M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$21.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$16.8M |
| 5 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$13.3M |
PR Hedge Fund Activity: Q3 2019 in Review
191 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q3 2019, worth a combined $1.27B — down 38% from $2.05B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new PR positions and 38 closed out — a net gain of 11 holders — while 81 added to existing stakes and 39 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $36.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $125M.
- 191 institutional investors held Permian Resources (PR) as of Q3 2019, up from 182 in Q2 2019.
- Funds reported $1.27B of Permian Resources stock for Q3 2019, down 38% quarter-over-quarter.
- 49 funds opened new Permian Resources positions in Q3 2019 and 38 closed out, a net change of +11 holders.
- The largest Permian Resources buyer in Q3 2019 was Citadel Advisors, an estimated $36.3M added.
- The largest Permian Resources seller in Q3 2019 was T. Rowe Price Associates, an estimated $125M sold.
Based on aggregated 13F filings for Q3 2019.