ProPetro Holding
PUMP
175 hedge funds and large institutions have $399M invested in ProPetro Holding in 2020 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 63 increasing their positions, 54 reducing their positions, and 23 closing their positions.
99% more capital invested
Capital invested by funds: $200M → $399M (+$199M)
48% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 23
17% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 54
5% more funds holding
Funds holding: 166 → 175 (+9)
0.84% more ownership
Funds ownership: 76.02% → 76.86% (+0.84%)
46% less call options, than puts
Call options by funds: $6.03M | Put options by funds: $11.3M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$24M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$10.2M |
| 3 |
Renaissance Technologies
New York
|
+$7.33M |
| 4 |
Millennium Management
New York
|
+$6.76M |
| 5 |
D.E. Shaw & Co
New York
|
+$4.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
-$12.1M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.77M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$9.68M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$9.41M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$4.62M |
PUMP Hedge Fund Activity: Q2 2020 in Review
175 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ProPetro Holding (PUMP) for Q2 2020, worth a combined $399M — up 99% from $200M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new PUMP positions and 23 closed out — a net gain of 11 holders — while 63 added to existing stakes and 54 trimmed.
The largest buyer was Citigroup, adding an estimated $24M. The largest seller was Deep Basin Capital, exiting entirely with an estimated $12.1M sold.
- 175 institutional investors held ProPetro Holding (PUMP) as of Q2 2020, up from 166 in Q1 2020.
- Funds reported $399M of ProPetro Holding stock for Q2 2020, up 99% quarter-over-quarter.
- 34 funds opened new ProPetro Holding positions in Q2 2020 and 23 closed out, a net change of +11 holders.
- The largest ProPetro Holding buyer in Q2 2020 was Citigroup, an estimated $24M added.
- The largest ProPetro Holding seller in Q2 2020 was Deep Basin Capital, an estimated $12.1M sold.
Based on aggregated 13F filings for Q2 2020.