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Permian Resources

161 hedge funds and large institutions have $862M invested in Permian Resources in 2021 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 53 increasing their positions, 47 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 47

2.27% more ownership

Funds ownership: 43.84%46.11% (+2.3%)

4% more capital invested

Capital invested by funds: $829M → $862M (+$32.7M)

4% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 28

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less funds holding

Funds holding: 165161 (-4)

26% less call options, than puts

Call options by funds: $29.5M | Put options by funds: $39.8M

Holders
161
Holders Change
-4
Holders Change %
-2.42%
% of All Funds
2.82%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
29
Increased
53
Reduced
47
Closed
28
Calls
$29.5M
Puts
$39.8M
Net Calls
-$10.3M
Net Calls Change
+$4.28M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
1
State Street
Massachusetts
$110M +$10.9M +1,992,080 +14%
BlackRock
2
BlackRock
New York
$85.4M -$1.9M -348,859 -3%
JIM
3
JB Investments Management
Pennsylvania
$75.3M +$1.35M +247,261 +2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$70.1M -$172K -31,512 -0.3%
Goldman Sachs
5
Goldman Sachs
New York
$56.1M +$41.1M +7,529,250 +892%
Two Sigma Investments
6
Two Sigma Investments
New York
$37M +$7.9M +1,448,530 +36%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$31.1M -$11M -2,020,672 -30%
Two Sigma Advisers
8
Two Sigma Advisers
New York
$30.2M +$5.37M +985,100 +28%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$27.8M +$9.54M +1,749,748 +73%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$24M +$1.1M +202,442 +6%
Charles Schwab
11
Charles Schwab
California
$19.4M -$3.89M -714,058 -20%
Citadel Advisors
12
Citadel Advisors
Florida
$19.3M +$2.85M +523,433 +22%
Invesco
13
Invesco
Georgia
$15.8M -$6.45M -1,183,124 -33%
Arrowstreet Capital
14
Arrowstreet Capital
Massachusetts
$14.9M -$6.18M -1,134,054 -34%
Renaissance Technologies
15
Renaissance Technologies
New York
$14.8M +$9.36M +1,716,837 +353%
KCM
16
Kensico Capital Management
Connecticut
$12.6M -$587K -107,600 -5%
Northern Trust
17
Northern Trust
Illinois
$11.4M -$625K -114,632 -6%
BCM
18
Bridgeway Capital Management
Texas
$11.2M +$2.38M +436,600 +35%
Allianz Asset Management
19
Allianz Asset Management
Germany
$11M +$8.96M +1,644,123 New
Morgan Stanley
20
Morgan Stanley
New York
$10.5M -$3.16M -579,880 -27%
First Trust Advisors
21
First Trust Advisors
Illinois
$10M +$1.5M +274,958 +22%
Deutsche Bank
22
Deutsche Bank
Germany
$7.73M +$5.17M +948,699 +463%
AAI
23
Aequim Alternative Investments
California
$7.36M
Rafferty Asset Management
24
Rafferty Asset Management
New York
$7.08M +$1.27M +232,893 +28%
Connor, Clark & Lunn Investment Management (CC&L)
25
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$7.06M +$145K +26,592 +3%

PR Hedge Fund Activity: Q3 2021 in Review

161 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q3 2021, worth a combined $862M — up 3.9% from $829M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new PR positions and 28 closed out — a net gain of 1 holder — while 53 added to existing stakes and 47 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $41.1M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $16.1M sold.

  • 161 institutional investors held Permian Resources (PR) as of Q3 2021, down from 165 in Q2 2021.
  • Funds reported $862M of Permian Resources stock for Q3 2021, up 3.9% quarter-over-quarter.
  • 29 funds opened new Permian Resources positions in Q3 2021 and 28 closed out, a net change of +1 holder.
  • The largest Permian Resources buyer in Q3 2021 was Goldman Sachs, an estimated $41.1M added.
  • The largest Permian Resources seller in Q3 2021 was Lord, Abbett & Co, an estimated $16.1M sold.

Based on aggregated 13F filings for Q3 2021.