ProPetro Holding
PUMP
99 hedge funds and large institutions have $683M invested in ProPetro Holding in 2017 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 14 closing their positions.
329% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 14
87% more funds holding
Funds holding: 53 → 99 (+46)
17% more capital invested
Capital invested by funds: $582M → $683M (+$102M)
4.82% more ownership
Funds ownership: 54.79% → 59.61% (+4.8%)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32.8M |
| 2 |
BlackRock
New York
|
+$19.7M |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$13.1M |
| 4 |
VFM
Viking Fund Management
Minot,
North Dakota
|
+$10.6M |
| 5 |
BCM
Brenham Capital Management
Dallas,
Texas
|
+$7.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
-$18.9M |
| 2 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$18M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$17.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.1M |
| 5 |
Jennison Associates
New York
|
-$9.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Millennium Management
New York
| – | -$5.52M | -428,571 | Closed |
|
|
ECP
102
Empyrean Capital Partners
Los Angeles,
California
| – | -$5.16M | -400,000 | Closed |
|
103
Alyeska Investment Group
Chicago,
Illinois
| – | -$3.87M | -300,000 | Closed |
|
|
SIM
104
Spark Investment Management
New York
| – | -$2.59M | -201,300 | Closed |
|
|
HCMT
105
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$1.93M | -150,000 | Closed |
|
|
WMSA
106
Weiss Multi-Strategy Advisers
New York
| – | -$1.61M | -125,000 | Closed |
|
|
ECM
107
Element Capital Management
New York
| – | -$1.57M | -121,914 | Closed |
|
|
VKH
108
Virtu KCG Holdings
New York
| – | -$475K | -36,849 | Closed |
|
|
SSA
109
Schonfeld Strategic Advisors
New York
| – | -$451K | -35,000 | Closed |
|
|
PHK
110
Point72 Hong Kong
Hong Kong
| – | -$329K | -25,559 | Closed |
|
111
Tudor Investment Corp
Stamford,
Connecticut
| – | -$322K | -25,000 | Closed |
|
112
Jane Street
New York
| – | -$241K | -18,668 | Closed |
|
113
SEI Investments
Oaks,
Pennsylvania
| – | +$67 | +5 | New |
|
PUMP Hedge Fund Activity: Q2 2017 in Review
99 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in ProPetro Holding (PUMP) for Q2 2017, worth a combined $683M — up 17% from $582M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PUMP positions and 14 closed out — a net gain of 46 holders — while 17 added to existing stakes and 19 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $32.8M. The largest seller was Carlson Capital, cutting an estimated $18.9M.
- 99 institutional investors held ProPetro Holding (PUMP) as of Q2 2017, up from 53 in Q1 2017.
- Funds reported $683M of ProPetro Holding stock for Q2 2017, up 17% quarter-over-quarter.
- 60 funds opened new ProPetro Holding positions in Q2 2017 and 14 closed out, a net change of +46 holders.
- The largest ProPetro Holding buyer in Q2 2017 was Vanguard Group, an estimated $32.8M added.
- The largest ProPetro Holding seller in Q2 2017 was Carlson Capital, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2017.