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Permian Resources

194 hedge funds and large institutions have $854M invested in Permian Resources in 2021 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 38 increasing their positions, 74 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

227% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 15

20% more funds holding

Funds holding: 161194 (+33)

4.17% more ownership

Funds ownership: 46.11%50.28% (+4.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $862M → $854M (-$8.22M)

49% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 74

54% less call options, than puts

Call options by funds: $16.8M | Put options by funds: $36.3M

Holders
194
Holders Change
+33
Holders Change %
+20.5%
% of All Funds
2.99%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
49
Increased
38
Reduced
74
Closed
15
Calls
$16.8M
Puts
$36.3M
Net Calls
-$19.5M
Net Calls Change
-$9.23M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$82.4M +$7.06M +1,036,811 +8%
State Street
2
State Street
Massachusetts
$77.8M -$23.2M -3,411,734 -21%
JIM
3
JB Investments Management
Pennsylvania
$68.2M +$1.11M +162,419 +1%
Vanguard Group
4
Vanguard Group
Pennsylvania
$60.8M -$1.97M -289,789 -3%
Goldman Sachs
5
Goldman Sachs
New York
$48.5M -$1.75M -256,232 -3%
Dimensional Fund Advisors
6
Dimensional Fund Advisors
Texas
$38.3M +$15.4M +2,253,011 +54%
RRAM
7
River Road Asset Management
Kentucky
$33.8M +$38.6M +5,659,946 New
Two Sigma Advisers
8
Two Sigma Advisers
New York
$26M -$1.01M -147,900 -3%
First Trust Advisors
9
First Trust Advisors
Illinois
$25.1M +$18.4M +2,695,979 +180%
Two Sigma Investments
10
Two Sigma Investments
New York
$22.9M -$11.6M -1,702,836 -31%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$20.6M -$895K -131,379 -4%
Morgan Stanley
12
Morgan Stanley
New York
$19M +$10.9M +1,606,343 +103%
D.E. Shaw & Co
13
D.E. Shaw & Co
New York
$16.7M -$12.5M -1,839,438 -40%
Charles Schwab
14
Charles Schwab
California
$14.2M -$3.55M -520,850 -18%
N
15
Nuveen
North Carolina
$13M +$7.77M +1,140,660 +105%
Renaissance Technologies
16
Renaissance Technologies
New York
$12.4M -$896K -131,500 -6%
JP Morgan Chase
17
JP Morgan Chase
New York
$10.6M +$7.54M +1,107,121 +165%
KCM
18
Kensico Capital Management
Connecticut
$10.6M -$782K -114,700 -6%
Deutsche Bank
19
Deutsche Bank
Germany
$10.2M +$3.78M +554,687 +48%
Northern Trust
20
Northern Trust
Illinois
$10.1M -$110K -16,116 -0.9%
BCM
21
Bridgeway Capital Management
Texas
$10M
Voloridge Investment Management
22
Voloridge Investment Management
Florida
$9.51M +$6.48M +951,664 +149%
Invesco
23
Invesco
Georgia
$9.45M -$5.34M -784,022 -33%
Allianz Asset Management
24
Allianz Asset Management
Germany
$9.3M -$602K -88,404 -5%
Millennium Management
25
Millennium Management
New York
$9.07M +$8.97M +1,316,748 +656%

PR Hedge Fund Activity: Q4 2021 in Review

194 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q4 2021, worth a combined $854M — down 0.95% from $862M a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new PR positions and 15 closed out — a net gain of 34 holders — while 38 added to existing stakes and 74 trimmed.

The largest buyer was River Road Asset Management, opening a new position worth an estimated $38.6M. The largest seller was State Street, cutting an estimated $23.2M.

  • 194 institutional investors held Permian Resources (PR) as of Q4 2021, up from 161 in Q3 2021.
  • Funds reported $854M of Permian Resources stock for Q4 2021, down 0.95% quarter-over-quarter.
  • 49 funds opened new Permian Resources positions in Q4 2021 and 15 closed out, a net change of +34 holders.
  • The largest Permian Resources buyer in Q4 2021 was River Road Asset Management, an estimated $38.6M added.
  • The largest Permian Resources seller in Q4 2021 was State Street, an estimated $23.2M sold.

Based on aggregated 13F filings for Q4 2021.