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Permian Resources

165 hedge funds and large institutions have $829M invested in Permian Resources in 2021 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 52 increasing their positions, 34 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 29

53% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 34

19% more funds holding

Funds holding: 139165 (+26)

7% more capital invested

Capital invested by funds: $772M → $829M (+$57.5M)

22% less ownership

Funds ownership: 65.83%43.84% (-22%)

39% less call options, than puts

Call options by funds: $22.5M | Put options by funds: $37M

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
165
Holders Change
+26
Holders Change %
+18.71%
% of All Funds
2.87%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
55
Increased
52
Reduced
34
Closed
29
Calls
$22.5M
Puts
$37M
Net Calls
-$14.6M
Net Calls Change
-$9.22M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$97.8M +$41.5M +8,029,158 +125%
BlackRock
2
BlackRock
New York
$88.8M +$46.9M +9,078,928 +226%
JIM
3
JB Investments Management
Pennsylvania
$74.5M +$3.97M +769,216 +8%
Vanguard Group
4
Vanguard Group
Pennsylvania
$71.1M +$1.79M +346,626 +3%
D.E. Shaw & Co
5
D.E. Shaw & Co
New York
$45.1M +$5.78M +1,119,427 +20%
Two Sigma Investments
6
Two Sigma Investments
New York
$27.7M +$12.1M +2,349,894 +136%
Charles Schwab
7
Charles Schwab
California
$24.5M +$1.22M +235,695 +7%
Invesco
8
Invesco
Georgia
$24M +$13.1M +2,535,228 +251%
Two Sigma Advisers
9
Two Sigma Advisers
New York
$23.8M +$9.71M +1,879,600 +115%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$22.9M +$8.34M +1,614,433 +92%
Arrowstreet Capital
11
Arrowstreet Capital
Massachusetts
$22.7M -$3.32M -642,217 -16%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$16.3M +$6.97M +1,349,309 +128%
Lord, Abbett & Co
13
Lord, Abbett & Co
New Jersey
$16.1M -$13.3M -2,577,400 -52%
Citadel Advisors
14
Citadel Advisors
Florida
$15.9M -$4.33M -838,159 -26%
JP Morgan Chase
15
JP Morgan Chase
New York
$14.8M +$6.59M +1,275,648 +141%
Morgan Stanley
16
Morgan Stanley
New York
$14.6M +$4.98M +963,970 +82%
KCM
17
Kensico Capital Management
Connecticut
$13.5M -$857K -165,800 -8%
Millennium Management
18
Millennium Management
New York
$13.2M +$1.84M +355,948 +22%
Northern Trust
19
Northern Trust
Illinois
$12.4M +$7.06M +1,367,250 +300%
PPA
20
Parametric Portfolio Associates
Washington
$12.2M -$2M -386,589 -18%
UBS Group
21
UBS Group
Switzerland
$10.6M -$94.9K -18,371 -1%
BNP Paribas Financial Markets
22
BNP Paribas Financial Markets
France
$10.5M +$3.61M +699,498 +82%
BCM
23
Bridgeway Capital Management
Texas
$8.41M +$1.73M +335,000 +37%
First Trust Advisors
24
First Trust Advisors
Illinois
$8.29M +$2.55M +493,043 +68%
AAI
25
Aequim Alternative Investments
California
$7.45M +$1.89M +366,300 +50%

PR Hedge Fund Activity: Q2 2021 in Review

165 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q2 2021, worth a combined $829M — up 7.4% from $772M a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new PR positions and 29 closed out — a net gain of 26 holders — while 52 added to existing stakes and 34 trimmed.

The largest buyer was BlackRock, adding an estimated $46.9M. The largest seller was Riverstone Holdings, exiting entirely with an estimated $351M sold.

  • 165 institutional investors held Permian Resources (PR) as of Q2 2021, up from 139 in Q1 2021.
  • Funds reported $829M of Permian Resources stock for Q2 2021, up 7.4% quarter-over-quarter.
  • 55 funds opened new Permian Resources positions in Q2 2021 and 29 closed out, a net change of +26 holders.
  • The largest Permian Resources buyer in Q2 2021 was BlackRock, an estimated $46.9M added.
  • The largest Permian Resources seller in Q2 2021 was Riverstone Holdings, an estimated $351M sold.

Based on aggregated 13F filings for Q2 2021.