Permian Resources
161 hedge funds and large institutions have $862M invested in Permian Resources in 2021 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 53 increasing their positions, 47 reducing their positions, and 28 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 47
2.27% more ownership
Funds ownership: 43.84% → 46.11% (+2.3%)
4% more capital invested
Capital invested by funds: $829M → $862M (+$32.7M)
4% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 28
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 165 → 161 (-4)
26% less call options, than puts
Call options by funds: $29.5M | Put options by funds: $39.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$41.1M |
| 2 |
State Street
Boston,
Massachusetts
|
+$10.9M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$9.54M |
| 4 |
Renaissance Technologies
New York
|
+$9.36M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$8.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$16.1M |
| 2 |
D.E. Shaw & Co
New York
|
-$11M |
| 3 |
Millennium Management
New York
|
-$9.5M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$9.33M |
| 5 |
JP Morgan Chase
New York
|
-$8.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FRM
176
Fox Run Management
Greenwich,
Connecticut
| – | -$94K | -13,888 | Closed |
|
177
Tudor Investment Corp
Stamford,
Connecticut
| – | -$83K | -12,257 | Closed |
|
|
MC
178
Maverick Capital
Dallas,
Texas
| – | -$80K | -11,868 | Closed |
|
|
BC
179
Bridgefront Capital
Austin,
Texas
| – | -$79K | -11,597 | Closed |
|
|
ACI
180
AMP Capital Investors
Sydney,
Australia
| – | -$70K | -10,338 | Closed |
|
|
EWM
181
Edge Wealth Management
New York
| – | -$12K | -1,750 | Closed |
|
|
FDCDDQ
182
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$6.78K | -1,000 | Closed |
|
|
PI
183
PEAK6 Investments
Chicago,
Illinois
| – | -$55 | -10 | Closed |
|
184
Fidelity Investments
Boston,
Massachusetts
| – | +$5 | +1 | New |
|
|
KIG
185
Kowal Investment Group
Brookfield,
Wisconsin
| – | +$76 | +14 | New |
|
|
BCA
186
Berman Capital Advisors
Atlanta,
Georgia
| – | +$289 | +53 | New |
|
PR Hedge Fund Activity: Q3 2021 in Review
161 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q3 2021, worth a combined $862M — up 3.9% from $829M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new PR positions and 28 closed out — a net gain of 1 holder — while 53 added to existing stakes and 47 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $41.1M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $16.1M sold.
- 161 institutional investors held Permian Resources (PR) as of Q3 2021, down from 165 in Q2 2021.
- Funds reported $862M of Permian Resources stock for Q3 2021, up 3.9% quarter-over-quarter.
- 29 funds opened new Permian Resources positions in Q3 2021 and 28 closed out, a net change of +1 holder.
- The largest Permian Resources buyer in Q3 2021 was Goldman Sachs, an estimated $41.1M added.
- The largest Permian Resources seller in Q3 2021 was Lord, Abbett & Co, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2021.