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Permian Resources

199 hedge funds and large institutions have $4.61B invested in Permian Resources in 2018 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 74 increasing their positions, 57 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 24

30% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 57

23% more call options, than puts

Call options by funds: $895K | Put options by funds: $725K

14% more funds holding

Funds holding: 174199 (+25)

1.99% less ownership

Funds ownership: 96.76%94.77% (-2%)

8% less capital invested

Capital invested by funds: $4.99B → $4.61B (-$379M)

13% less funds holding in top 10

Funds holding in top 10: 87 (-1)

Holders
199
Holders Change
+25
Holders Change %
+14.37%
% of All Funds
4.56%
Holding in Top 10
7
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-12.5%
% of All Funds
0.16%
New
49
Increased
74
Reduced
57
Closed
24
Calls
$895K
Puts
$725K
Net Calls
+$170K
Net Calls Change
-$215K
Name Holding Trade Value Shares
Change
Change in
Stake
RH
1
Riverstone Holdings
New York
$1.29B -$390M -20,192,577 -22%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$567M +$5.41M +280,288 +0.9%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$444M +$38.5M +1,994,384 +9%
Vanguard Group
4
Vanguard Group
Pennsylvania
$271M +$40M +2,071,658 +16%
JP Morgan Chase
5
JP Morgan Chase
New York
$197M +$203M +10,501,529 +5,007%
SCP
6
SailingStone Capital Partners
Texas
$194M -$49.7M -2,570,729 -20%
GFWEX
7
G.F.W. Energy X
Texas
$159M -$35.2M -1,822,102 -17%
BlackRock
8
BlackRock
New York
$122M +$10.3M +533,635 +9%
BCM
9
Brenham Capital Management
Texas
$108M +$27M +1,400,000 +31%
Neuberger Berman Group
10
Neuberger Berman Group
New York
$94M +$22.6M +1,168,756 +30%
Goldman Sachs
11
Goldman Sachs
New York
$72.3M +$14.1M +729,652 +23%
KCM
12
Kensico Capital Management
Connecticut
$71M -$1.01M -52,500 -1%
State Street
13
State Street
Massachusetts
$67.7M +$4.73M +245,042 +7%
Point72 Asset Management
14
Point72 Asset Management
Connecticut
$59.7M +$62.8M +3,251,603 +325,160,300%
Invesco
15
Invesco
Georgia
$59.5M +$425K +21,994 +0.7%
WRF
16
Waddell & Reed Financial
Kansas
$55.4M +$25.2M +1,305,220 +76%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$53.3M -$10.6M -548,304 -16%
MWNA
18
Marshall Wace North America
New York
$42.4M -$287K -14,859 -0.6%
Millennium Management
19
Millennium Management
New York
$41M +$34M +1,762,800 +375%
FWCM
20
Ferguson Wellman Capital Management
Oregon
$36.3M -$687K -35,569 -2%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$33M +$2.06M +106,838 +6%
WJA
22
Williams Jones & Associates
New York
$31M -$647K -33,488 -2%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$29.9M +$2.39M +123,619 +8%
WHG
24
Westwood Holdings Group
Texas
$24.4M +$193 +10 +0%
CU
25
CDAM (UK)
United Kingdom
$24.1M -$511K -26,465 -2%

PR Hedge Fund Activity: Q1 2018 in Review

199 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q1 2018, worth a combined $4.61B — down 7.6% from $4.99B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new PR positions and 24 closed out — a net gain of 25 holders — while 74 added to existing stakes and 57 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $203M. The largest seller was Riverstone Holdings, cutting an estimated $390M.

  • 199 institutional investors held Permian Resources (PR) as of Q1 2018, up from 174 in Q4 2017.
  • Funds reported $4.61B of Permian Resources stock for Q1 2018, down 7.6% quarter-over-quarter.
  • 49 funds opened new Permian Resources positions in Q1 2018 and 24 closed out, a net change of +25 holders.
  • The largest Permian Resources buyer in Q1 2018 was JP Morgan Chase, an estimated $203M added.
  • The largest Permian Resources seller in Q1 2018 was Riverstone Holdings, an estimated $390M sold.

Based on aggregated 13F filings for Q1 2018.