Permian Resources
225 hedge funds and large institutions have $1.7B invested in Permian Resources in 2022 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 80 increasing their positions, 68 reducing their positions, and 53 closing their positions.
18% more capital invested
Capital invested by funds: $1.45B → $1.7B (+$256M)
18% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 68
2.92% more ownership
Funds ownership: 84.74% → 87.66% (+2.9%)
6% less funds holding
Funds holding: 239 → 225 (-14)
21% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 53
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
40% less call options, than puts
Call options by funds: $22.4M | Put options by funds: $37.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$54.7M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.5M |
| 3 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$25.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$18M |
| 5 |
Two Sigma Investments
New York
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$29.5M |
| 2 |
Goldman Sachs
New York
|
-$22.6M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$17.1M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$10.9M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$9.41M |
PR Hedge Fund Activity: Q3 2022 in Review
225 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q3 2022, worth a combined $1.7B — up 18% from $1.45B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of PR and 42 opened new positions — a net loss of 11 holders — while 68 trimmed existing stakes and 80 added.
The largest buyer was Capital World Investors, opening a new position worth an estimated $54.7M. The largest seller was Millennium Management, cutting an estimated $29.5M.
- 225 institutional investors held Permian Resources (PR) as of Q3 2022, down from 239 in Q2 2022.
- Funds reported $1.7B of Permian Resources stock for Q3 2022, up 18% quarter-over-quarter.
- 42 funds opened new Permian Resources positions in Q3 2022 and 53 closed out, a net change of -11 holders.
- The largest Permian Resources buyer in Q3 2022 was Capital World Investors, an estimated $54.7M added.
- The largest Permian Resources seller in Q3 2022 was Millennium Management, an estimated $29.5M sold.
Based on aggregated 13F filings for Q3 2022.