Permian Resources
144 hedge funds and large institutions have $68.4M invested in Permian Resources in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 51 increasing their positions, 48 reducing their positions, and 63 closing their positions.
26% more call options, than puts
Call options by funds: $403K | Put options by funds: $320K
6% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 48
7.16% less ownership
Funds ownership: 100.97% → 93.82% (-7.2%)
22% less funds holding
Funds holding: 185 → 144 (-41)
59% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 63
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
95% less capital invested
Capital invested by funds: $1.29B → $68.4M (-$1.22B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$55.6M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$36.1M |
| 3 |
Renaissance Technologies
New York
|
+$10.5M |
| 4 |
State Street
Boston,
Massachusetts
|
+$7.3M |
| 5 |
Goldman Sachs
New York
|
+$6.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.1M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$42.7M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$18.7M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$16.6M |
| 5 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
-$9.72M |
PR Hedge Fund Activity: Q1 2020 in Review
144 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q1 2020, worth a combined $68.4M — down 95% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of PR and 26 opened new positions — a net loss of 37 holders — while 48 trimmed existing stakes and 51 added.
The largest buyer was Prescott Group Capital Management, adding an estimated $55.6M. The largest seller was Fidelity Investments, cutting an estimated $44.1M.
- 144 institutional investors held Permian Resources (PR) as of Q1 2020, down from 185 in Q4 2019.
- Funds reported $68.4M of Permian Resources stock for Q1 2020, down 95% quarter-over-quarter.
- 26 funds opened new Permian Resources positions in Q1 2020 and 63 closed out, a net change of -37 holders.
- The largest Permian Resources buyer in Q1 2020 was Prescott Group Capital Management, an estimated $55.6M added.
- The largest Permian Resources seller in Q1 2020 was Fidelity Investments, an estimated $44.1M sold.
Based on aggregated 13F filings for Q1 2020.