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PR

Permian Resources

264 hedge funds and large institutions have $3.31B invested in Permian Resources in 2023 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 112 increasing their positions, 79 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

213% more call options, than puts

Call options by funds: $61.4M | Put options by funds: $19.6M

42% more repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 79

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

4% less funds holding

Funds holding: 276264 (-12)

4.6% less ownership

Funds ownership: 100.72%96.12% (-4.6%)

20% less first-time investments, than exits

New positions opened: 44 | Existing positions closed: 55

39% less capital invested

Capital invested by funds: $5.4B → $3.31B (-$2.09B)

Holders
264
Holders Change
-12
Holders Change %
-4.35%
% of All Funds
4.15%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.14%
New
44
Increased
112
Reduced
79
Closed
55
Calls
$61.4M
Puts
$19.6M
Net Calls
+$41.8M
Net Calls Change
+$18.7M
Name Holding Trade Value Shares
Change
Change in
Stake
RH
1
Riverstone Holdings
New York
$606M
Vanguard Group
2
Vanguard Group
Pennsylvania
$267M +$28.8M +2,819,666 +13%
BlackRock
3
BlackRock
New York
$197M +$17.5M +1,708,290 +11%
N
4
Nuveen
North Carolina
$192M +$16.3M +1,592,275 +10%
State Street
5
State Street
Massachusetts
$131M +$723K +70,705 +0.6%
AllianceBernstein
6
AllianceBernstein
Tennessee
$122M +$6M +586,827 +6%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$116M -$12M -1,173,121 -10%
RRAM
8
River Road Asset Management
Kentucky
$94.3M +$2.26M +220,618 +3%
Macquarie Group
9
Macquarie Group
Australia
$84.7M +$21.3M +2,080,037 +37%
Victory Capital Management
10
Victory Capital Management
Texas
$77.7M +$1.87M +183,050 +3%
FCM
11
Frontier Capital Management
Massachusetts
$71.7M -$16.9M -1,655,320 -20%
WP
12
Woodline Partners
California
$70M +$65.3M +6,383,594 New
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$63.8M +$22.8M +2,230,176 +62%
Invesco
14
Invesco
Georgia
$55.4M -$2.51M -245,158 -5%
POEH
15
Post Oak Energy Holdings
Texas
$53.7M
Geode Capital Management
16
Geode Capital Management
Massachusetts
$52.6M +$3.72M +363,941 +8%
ACG
17
Aventail Capital Group
New York
$47M -$11.9M -1,164,084 -21%
RIM
18
Ranger Investment Management
Texas
$42.4M +$1.2M +117,800 +3%
Goldman Sachs
19
Goldman Sachs
New York
$39.4M -$978K -95,599 -3%
MIM
20
Merewether Investment Management
Texas
$38.9M +$22.8M +2,228,538 +169%
Schroder Investment Management Group
21
Schroder Investment Management Group
United Kingdom
$38.4M -$7.76M -759,241 -18%
SC
22
Sagefield Capital
Texas
$36.5M +$6.59M +644,724 +24%
Lord, Abbett & Co
23
Lord, Abbett & Co
New Jersey
$33M -$5.71M -558,264 -16%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$32.9M -$17.3M -1,695,700 -36%
Northern Trust
25
Northern Trust
Illinois
$29.7M +$5.43M +530,686 +24%

PR Hedge Fund Activity: Q2 2023 in Review

264 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q2 2023, worth a combined $3.31B — down 39% from $5.4B a quarter earlier.

Sellers outnumbered buyers: 55 funds closed out of PR and 44 opened new positions — a net loss of 11 holders — while 79 trimmed existing stakes and 112 added.

The largest buyer was Woodline Partners, opening a new position worth an estimated $65.3M. The largest seller was Cerity Partners, exiting entirely with an estimated $2.34B sold.

  • 264 institutional investors held Permian Resources (PR) as of Q2 2023, down from 276 in Q1 2023.
  • Funds reported $3.31B of Permian Resources stock for Q2 2023, down 39% quarter-over-quarter.
  • 44 funds opened new Permian Resources positions in Q2 2023 and 55 closed out, a net change of -11 holders.
  • The largest Permian Resources buyer in Q2 2023 was Woodline Partners, an estimated $65.3M added.
  • The largest Permian Resources seller in Q2 2023 was Cerity Partners, an estimated $2.34B sold.

Based on aggregated 13F filings for Q2 2023.