Permian Resources
329 hedge funds and large institutions have $5.29B invested in Permian Resources in 2023 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 124 increasing their positions, 75 reducing their positions, and 24 closing their positions.
288% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 24
208% more call options, than puts
Call options by funds: $94.8M | Put options by funds: $30.8M
89% more funds holding in top 10
Funds holding in top 10: 9 → 17 (+8)
65% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 75
60% more capital invested
Capital invested by funds: $3.31B → $5.29B (+$1.97B)
25% more funds holding
Funds holding: 263 → 329 (+66)
19.01% more ownership
Funds ownership: 96.12% → 115.13% (+19%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$174M |
| 2 |
Jennison Associates
New York
|
+$69M |
| 3 |
Goldman Sachs
New York
|
+$63.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$52.2M |
| 5 |
PDIP
Palo Duro Investment Partners
Chicago,
Illinois
|
+$49.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$28.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$26.6M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$18.3M |
| 4 |
Two Sigma Advisers
New York
|
-$16.9M |
| 5 |
Two Sigma Investments
New York
|
-$15.1M |
PR Hedge Fund Activity: Q3 2023 in Review
329 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q3 2023, worth a combined $5.29B — up 60% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new PR positions and 24 closed out — a net gain of 69 holders — while 124 added to existing stakes and 75 trimmed.
The largest buyer was BlackRock, adding an estimated $174M. The largest seller was HITE Hedge Asset Management, cutting an estimated $28.2M.
- 329 institutional investors held Permian Resources (PR) as of Q3 2023, up from 263 in Q2 2023.
- Funds reported $5.29B of Permian Resources stock for Q3 2023, up 60% quarter-over-quarter.
- 93 funds opened new Permian Resources positions in Q3 2023 and 24 closed out, a net change of +69 holders.
- The largest Permian Resources buyer in Q3 2023 was BlackRock, an estimated $174M added.
- The largest Permian Resources seller in Q3 2023 was HITE Hedge Asset Management, an estimated $28.2M sold.
Based on aggregated 13F filings for Q3 2023.