ProPetro Holding
PUMP
230 hedge funds and large institutions have $795M invested in ProPetro Holding in 2019 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 98 increasing their positions, 74 reducing their positions, and 57 closing their positions.
117% more call options, than puts
Call options by funds: $9.41M | Put options by funds: $4.34M
32% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 74
1.23% less ownership
Funds ownership: 89.6% → 88.36% (-1.2%)
10% less funds holding
Funds holding: 255 → 230 (-25)
42% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 57
57% less capital invested
Capital invested by funds: $1.83B → $795M (-$1.04B)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$29.6M |
| 2 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
+$27.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$23.2M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$15.2M |
| 5 |
SAM
Silvercrest Asset Management
New York
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$38.1M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$25.1M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
-$21.9M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$18.6M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$12.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
276
CX Institutional
Auburn,
Indiana
| – | -$6K | -280 | Closed |
|
|
CFGS
277
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$1.67K | -120 | Closed |
|
|
HMS
278
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$2K | -107 | Closed |
|
|
HGWM
279
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$2K | -99 | Closed |
|
|
TWA
280
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -95 | Closed |
|
|
PFBT
281
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$2K | -91 | Closed |
|
|
TFA
282
Toth Financial Advisory
Leesburg,
Virginia
| – | -$2K | -80 | Closed |
|
283
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$777 | -56 | -52% |
|
|
FGAM
284
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$97 | +7 | +54% |
|
|
SFS
285
Sowell Financial Services
North Little Rock,
Arkansas
| – | +$305 | +22 | New |
|
PUMP Hedge Fund Activity: Q3 2019 in Review
230 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in ProPetro Holding (PUMP) for Q3 2019, worth a combined $795M — down 57% from $1.83B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of PUMP and 33 opened new positions — a net loss of 24 holders — while 74 trimmed existing stakes and 98 added.
The largest buyer was Encompass Capital Advisors, adding an estimated $29.6M. The largest seller was Wellington Management Group, cutting an estimated $38.1M.
- 230 institutional investors held ProPetro Holding (PUMP) as of Q3 2019, down from 255 in Q2 2019.
- Funds reported $795M of ProPetro Holding stock for Q3 2019, down 57% quarter-over-quarter.
- 33 funds opened new ProPetro Holding positions in Q3 2019 and 57 closed out, a net change of -24 holders.
- The largest ProPetro Holding buyer in Q3 2019 was Encompass Capital Advisors, an estimated $29.6M added.
- The largest ProPetro Holding seller in Q3 2019 was Wellington Management Group, an estimated $38.1M sold.
Based on aggregated 13F filings for Q3 2019.