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.
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: 174 → 199 (+25)
1.99% less ownership
Funds ownership: 96.76% → 94.77% (-2%)
8% less capital invested
Capital invested by funds: $4.99B → $4.61B (-$380M)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$203M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$62.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$40M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$38.5M |
| 5 |
Millennium Management
New York
|
+$34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RH
Riverstone Holdings
New York
|
-$390M |
| 2 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
-$49.7M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$43.7M |
| 4 |
GFWEX
G.F.W. Energy X
Dallas,
Texas
|
-$35.2M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$22.8M |
PR Hedge Fund Activity: Q1 2018 in Review
199 of the 4,373 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.