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PR

Permian Resources

401 hedge funds and large institutions have $7.29B invested in Permian Resources in 2023 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 185 increasing their positions, 81 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

201% more call options, than puts

Call options by funds: $130M | Put options by funds: $43.3M

192% more first-time investments, than exits

New positions opened: 114 | Existing positions closed: 39

128% more repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 81

38% more capital invested

Capital invested by funds: $5.29B → $7.29B (+$2B)

22% more funds holding

Funds holding: 329401 (+72)

18% more funds holding in top 10

Funds holding in top 10: 1720 (+3)

9.94% less ownership

Funds ownership: 115.13%105.19% (-9.9%)

Holders
401
Holders Change
+72
Holders Change %
+21.88%
% of All Funds
5.85%
Holding in Top 10
20
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+17.65%
% of All Funds
0.29%
New
114
Increased
185
Reduced
81
Closed
39
Calls
$130M
Puts
$43.3M
Net Calls
+$86.9M
Net Calls Change
+$22.9M
Name Holding Trade Value Shares
Change
Change in
Stake
US Bancorp
176
US Bancorp
Minnesota
$1.39M -$306K -22,356 -18%
CP
177
Covalent Partners
Massachusetts
$1.36M
UBS Group
178
UBS Group
Switzerland
$1.35M -$101K -7,358 -7%
Blackstone Inc
179
Blackstone Inc
New York
$1.33M
CIM
180
Cambria Investment Management
California
$1.28M +$570K +41,622 +79%
Wealth Enhancement Advisory Services
181
Wealth Enhancement Advisory Services
Minnesota
$1.27M +$58.3K +4,260 +5%
NMIMC
182
Northwestern Mutual Investment Management Company
Wisconsin
$1.26M +$423K +30,896 +50%
Ensign Peak Advisors
183
Ensign Peak Advisors
Utah
$1.26M +$93.3K +6,815 +8%
COPPSERS
184
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.25M +$486K +35,499 +63%
Los Angeles Capital Management
185
Los Angeles Capital Management
California
$1.25M -$333K -24,296 -21%
HC
186
Henshaw Capital
Massachusetts
$1.24M +$513K +37,441 +70%
SOMRS
187
State of Michigan Retirement System
Michigan
$1.23M +$329K +24,000 +36%
GI
188
GAMCO Investors
Connecticut
$1.22M +$137K +10,000 +13%
LPL Financial
189
LPL Financial
California
$1.21M +$341K +24,916 +39%
ProShare Advisors
190
ProShare Advisors
Maryland
$1.17M +$486K +35,466 +70%
Wellington Management Group
191
Wellington Management Group
Massachusetts
$1.15M +$1.16M +84,754 New
AQR Capital Management
192
AQR Capital Management
Connecticut
$1.04M -$14.8K -1,081 -1%
VVP
193
Venture Visionary Partners
Ohio
$1.03M +$1.03M +75,400 New
NMERB
194
New Mexico Educational Retirement Board
New Mexico
$1.02M +$330K +24,100 +47%
CAMG
195
CWA Asset Management Group
Florida
$1,000K -$889K -64,928 -47%
PCM
196
Princeton Capital Management
New Jersey
$969K +$25.1K +1,830 +3%
SC
197
Saltoro Capital
Texas
$952K +$958K +70,000 New
KAS
198
Kestra Advisory Services
Texas
$917K +$228K +16,658 +33%
HIMC
199
Heritage Investors Management Corp
Maryland
$888K +$894K +65,311 New
SO
200
STRS Ohio
Ohio
$840K +$144K +10,500 +20%

PR Hedge Fund Activity: Q4 2023 in Review

401 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q4 2023, worth a combined $7.29B — up 38% from $5.29B a quarter earlier.

Buyers outnumbered sellers: 114 funds opened new PR positions and 39 closed out — a net gain of 75 holders — while 185 added to existing stakes and 81 trimmed.

The largest buyer was EnCap Energy Capital Fund XI, opening a new position worth an estimated $356M. The largest seller was AllianceBernstein, cutting an estimated $78.4M.

  • 401 institutional investors held Permian Resources (PR) as of Q4 2023, up from 329 in Q3 2023.
  • Funds reported $7.29B of Permian Resources stock for Q4 2023, up 38% quarter-over-quarter.
  • 114 funds opened new Permian Resources positions in Q4 2023 and 39 closed out, a net change of +75 holders.
  • The largest Permian Resources buyer in Q4 2023 was EnCap Energy Capital Fund XI, an estimated $356M added.
  • The largest Permian Resources seller in Q4 2023 was AllianceBernstein, an estimated $78.4M sold.

Based on aggregated 13F filings for Q4 2023.