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Permian Resources

87 hedge funds and large institutions have $4.16B invested in Permian Resources in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 38 increasing their positions, 15 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

160% more call options, than puts

Call options by funds: $3.13M | Put options by funds: $1.21M

153% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 15

93% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 14

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

12% more funds holding

Funds holding: 7887 (+9)

8% more capital invested

Capital invested by funds: $3.85B → $4.16B (+$313M)

6.49% less ownership

Funds ownership: 119.91%113.42% (-6.5%)

Holders
87
Holders Change
+9
Holders Change %
+11.54%
% of All Funds
2.17%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.17%
New
27
Increased
38
Reduced
15
Closed
14
Calls
$3.13M
Puts
$1.21M
Net Calls
+$1.93M
Net Calls Change
-$8.41M
Name Holding Trade Value Shares
Change
Change in
Stake
RH
1
Riverstone Holdings
New York
$2.02B
Fidelity Investments
2
Fidelity Investments
Massachusetts
$555M +$102M +5,518,614 +22%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$282M +$112M +6,070,809 +63%
GFWEX
4
G.F.W. Energy X
Texas
$191M +$193M +10,467,158 New
Vanguard Group
5
Vanguard Group
Pennsylvania
$141M +$57.2M +3,106,958 +67%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$112M -$8.28M -449,820 -7%
SCP
7
SailingStone Capital Partners
Texas
$91.2M +$35.9M +1,948,109 +63%
GFWEV
8
G.F.W. Energy VIII
Texas
$77.4M +$78.2M +4,246,898 New
TPCM
9
Tide Point Capital Management
Connecticut
$76.8M -$27.4M -1,487,194 -26%
Invesco
10
Invesco
Georgia
$66M +$149K +8,114 +0.2%
KCM
11
Kensico Capital Management
Connecticut
$53.6M +$4.62M +250,901 +9%
TD Asset Management
12
TD Asset Management
Ontario, Canada
$42.4M +$42.8M +2,326,767 New
BG
13
Baupost Group
Massachusetts
$41.7M
BlackRock
14
BlackRock
New York
$39.7M +$22.1M +1,203,552 +124%
Neuberger Berman Group
15
Neuberger Berman Group
New York
$36.4M +$10.2M +552,753 +38%
FWCM
16
Ferguson Wellman Capital Management
Oregon
$36.3M +$4.64M +252,339 +14%
Schroder Investment Management Group
17
Schroder Investment Management Group
United Kingdom
$33.5M +$282K +15,334 +0.8%
CG
18
Carlyle Group
District of Columbia
$28.9M
Lord, Abbett & Co
19
Lord, Abbett & Co
New Jersey
$26.5M +$2.98M +161,947 +13%
State Street
20
State Street
Massachusetts
$19.3M +$18.9M +1,028,354 +3,361%
WJA
21
Williams Jones & Associates
New York
$19.2M +$8.11M +440,549 +72%
HP
22
Hartree Partners
New York
$16.7M -$9.2M -500,000 -35%
OIMU
23
Orbis Investment Management (US)
California
$12.9M
DCM
24
Discovery Capital Management
Connecticut
$12.5M
TCA
25
Tortoise Capital Advisors
Kansas
$12.4M +$146K +7,950 +1%

PR Hedge Fund Activity: Q1 2017 in Review

87 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q1 2017, worth a combined $4.16B — up 8.1% from $3.85B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new PR positions and 14 closed out — a net gain of 13 holders — while 38 added to existing stakes and 15 trimmed.

The largest buyer was G.F.W. Energy X, opening a new position worth an estimated $193M. The largest seller was Tide Point Capital Management, cutting an estimated $27.4M.

  • 87 institutional investors held Permian Resources (PR) as of Q1 2017, up from 78 in Q4 2016.
  • Funds reported $4.16B of Permian Resources stock for Q1 2017, up 8.1% quarter-over-quarter.
  • 27 funds opened new Permian Resources positions in Q1 2017 and 14 closed out, a net change of +13 holders.
  • The largest Permian Resources buyer in Q1 2017 was G.F.W. Energy X, an estimated $193M added.
  • The largest Permian Resources seller in Q1 2017 was Tide Point Capital Management, an estimated $27.4M sold.

Based on aggregated 13F filings for Q1 2017.