ProPetro Holding
PUMP
255 hedge funds and large institutions have $1.83B invested in ProPetro Holding in 2019 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 106 increasing their positions, 93 reducing their positions, and 52 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 93
2.86% less ownership
Funds ownership: 92.46% → 89.6% (-2.9%)
7% less funds holding
Funds holding: 273 → 255 (-18)
11% less capital invested
Capital invested by funds: $2.06B → $1.83B (-$222M)
25% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 52
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
96% less call options, than puts
Call options by funds: $786K | Put options by funds: $19.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$25.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.9M |
| 3 |
Goldman Sachs
New York
|
+$17.9M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$17.8M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$44.6M |
| 2 |
TC
Towle & Co
Denver,
Colorado
|
-$34.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.9M |
| 4 |
VanEck Associates
New York
|
-$16.7M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$13.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCM
301
Versant Capital Management
Phoenix,
Arizona
| – | -$2K | -113 | Closed |
|
302
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$2K | -100 | Closed |
|
|
WEC
303
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$2K | -60 | Closed |
|
|
SWM
304
SeaCrest Wealth Management
Purchase,
New York
| – | -$1K | -45 | Closed |
|
|
CAM
305
Cresset Asset Management
Chicago,
Illinois
| – | -$1K | -34 | Closed |
|
|
FGAM
306
Financial Gravity Asset Management
Lakeway,
Texas
| – | +$127 | +6 | +86% |
|
|
QCG
307
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$255 | +12 | New |
|
PUMP Hedge Fund Activity: Q2 2019 in Review
255 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in ProPetro Holding (PUMP) for Q2 2019, worth a combined $1.83B — down 11% from $2.06B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of PUMP and 39 opened new positions — a net loss of 13 holders — while 93 trimmed existing stakes and 106 added.
The largest buyer was Nuveen, adding an estimated $25.2M. The largest seller was Millennium Management, cutting an estimated $44.6M.
- 255 institutional investors held ProPetro Holding (PUMP) as of Q2 2019, down from 273 in Q1 2019.
- Funds reported $1.83B of ProPetro Holding stock for Q2 2019, down 11% quarter-over-quarter.
- 39 funds opened new ProPetro Holding positions in Q2 2019 and 52 closed out, a net change of -13 holders.
- The largest ProPetro Holding buyer in Q2 2019 was Nuveen, an estimated $25.2M added.
- The largest ProPetro Holding seller in Q2 2019 was Millennium Management, an estimated $44.6M sold.
Based on aggregated 13F filings for Q2 2019.