ProPetro Holding
PUMP
227 hedge funds and large institutions have $787M invested in ProPetro Holding in 2023 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 68 increasing their positions, 84 reducing their positions, and 35 closing their positions.
50% more call options, than puts
Call options by funds: $261K | Put options by funds: $174K
29% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 35
4.08% more ownership
Funds ownership: 81.16% → 85.25% (+4.1%)
3% more funds holding
Funds holding: 221 → 227 (+6)
19% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 84
19% less capital invested
Capital invested by funds: $973M → $787M (-$186M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$36.2M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
+$14.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$9.59M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.91M |
| 5 |
BlackRock
New York
|
+$6.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$19.4M |
| 2 |
Millennium Management
New York
|
-$17.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$13M |
| 4 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$7.93M |
| 5 |
FDS
First Dallas Securities
Dallas,
Texas
|
-$4.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
251
Neuberger Berman Group
New York
| – | -$124K | -11,668 | Closed |
|
252
Allspring Global Investments
Charlotte,
North Carolina
| – | -$6.37K | -599 | Closed |
|
|
LF
253
Lee Financial
Dallas,
Texas
| – | -$5.85K | -550 | Closed |
|
|
FRA
254
Front Row Advisors
Tiburon,
California
| – | -$2.38K | -224 | Closed |
|
|
CSPIA
255
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$2.18K | -205 | Closed |
|
|
BAAM
256
Baker Avenue Asset Management
San Francisco,
California
| – | -$2.13K | -200 | Closed |
|
|
GWS
257
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.85K | -174 | Closed |
|
|
MIA
258
Milestone Investment Advisors
Middleton,
Wisconsin
| – | -$851 | -80 | Closed |
|
|
SWM
259
Spire Wealth Management
Mclean,
Virginia
| – | -$606 | -57 | Closed |
|
|
CFGS
260
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$226 | -24 | Closed |
|
|
C
261
Covestor
London,
United Kingdom
| – | -$19 | -2 | -17% |
|
PUMP Hedge Fund Activity: Q4 2023 in Review
227 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in ProPetro Holding (PUMP) for Q4 2023, worth a combined $787M — down 19% from $973M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PUMP positions and 35 closed out — a net gain of 10 holders — while 68 added to existing stakes and 84 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.2M. The largest seller was GW&K Investment Management, cutting an estimated $19.4M.
- 227 institutional investors held ProPetro Holding (PUMP) as of Q4 2023, up from 221 in Q3 2023.
- Funds reported $787M of ProPetro Holding stock for Q4 2023, down 19% quarter-over-quarter.
- 45 funds opened new ProPetro Holding positions in Q4 2023 and 35 closed out, a net change of +10 holders.
- The largest ProPetro Holding buyer in Q4 2023 was Morgan Stanley, an estimated $36.2M added.
- The largest ProPetro Holding seller in Q4 2023 was GW&K Investment Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2023.