Permian Resources
401 hedge funds and large institutions have $7.29B invested in Permian Resources in 2023 Q4 according to their latest regulatory filings, with 114 funds opening new positions, 185 increasing their positions, 81 reducing their positions, and 39 closing their positions.
201% more call options, than puts
Call options by funds: $130M | Put options by funds: $43.3M
192% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 39
128% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 81
38% more capital invested
Capital invested by funds: $5.29B → $7.29B (+$2B)
22% more funds holding
Funds holding: 329 → 401 (+72)
18% more funds holding in top 10
Funds holding in top 10: 17 → 20 (+3)
9.94% less ownership
Funds ownership: 115.13% → 105.19% (-9.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EECFX
EnCap Energy Capital Fund XI
Houston,
Texas
|
+$356M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$272M |
| 3 |
BlackRock
New York
|
+$225M |
| 4 |
POEH
Post Oak Energy Holdings
Houston,
Texas
|
+$221M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$177M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$78.4M |
| 2 |
RH
Riverstone Holdings
New York
|
-$74.5M |
| 3 |
Goldman Sachs
New York
|
-$43.5M |
| 4 |
Jennison Associates
New York
|
-$31.2M |
| 5 |
Jane Street
New York
|
-$29.1M |
PR Hedge Fund Activity: Q4 2023 in Review
401 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Permian Resources (PR) for Q4 2023, worth a combined $7.29B — up 38% from $5.29B a quarter earlier.
Buyers outnumbered sellers: 114 funds opened new PR positions and 39 closed out — a net gain of 75 holders — while 185 added to existing stakes and 81 trimmed.
The largest buyer was EnCap Energy Capital Fund XI, opening a new position worth an estimated $356M. The largest seller was AllianceBernstein, cutting an estimated $78.4M.
- 401 institutional investors held Permian Resources (PR) as of Q4 2023, up from 329 in Q3 2023.
- Funds reported $7.29B of Permian Resources stock for Q4 2023, up 38% quarter-over-quarter.
- 114 funds opened new Permian Resources positions in Q4 2023 and 39 closed out, a net change of +75 holders.
- The largest Permian Resources buyer in Q4 2023 was EnCap Energy Capital Fund XI, an estimated $356M added.
- The largest Permian Resources seller in Q4 2023 was AllianceBernstein, an estimated $78.4M sold.
Based on aggregated 13F filings for Q4 2023.