ProPetro Holding
PUMP
209 hedge funds and large institutions have $695M invested in ProPetro Holding in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 65 increasing their positions, 85 reducing their positions, and 42 closing their positions.
5.3% less ownership
Funds ownership: 85.25% → 79.95% (-5.3%)
8% less funds holding
Funds holding: 227 → 209 (-18)
12% less capital invested
Capital invested by funds: $787M → $695M (-$92.5M)
24% less repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 85
41% less call options, than puts
Call options by funds: $326K | Put options by funds: $554K
43% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$8.09M |
| 2 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
+$4.68M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.44M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$4.01M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$29.7M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$17.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.21M |
| 5 |
Cerity Partners
New York
|
-$5.13M |
PUMP Hedge Fund Activity: Q1 2024 in Review
209 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in ProPetro Holding (PUMP) for Q1 2024, worth a combined $695M — down 12% from $787M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of PUMP and 24 opened new positions — a net loss of 18 holders — while 85 trimmed existing stakes and 65 added.
The largest buyer was Towle & Co, adding an estimated $8.09M. The largest seller was Morgan Stanley, cutting an estimated $29.7M.
- 209 institutional investors held ProPetro Holding (PUMP) as of Q1 2024, down from 227 in Q4 2023.
- Funds reported $695M of ProPetro Holding stock for Q1 2024, down 12% quarter-over-quarter.
- 24 funds opened new ProPetro Holding positions in Q1 2024 and 42 closed out, a net change of -18 holders.
- The largest ProPetro Holding buyer in Q1 2024 was Towle & Co, an estimated $8.09M added.
- The largest ProPetro Holding seller in Q1 2024 was Morgan Stanley, an estimated $29.7M sold.
Based on aggregated 13F filings for Q1 2024.