ProPetro Holding
PUMP
228 hedge funds and large institutions have $1.4B invested in ProPetro Holding in 2018 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 86 increasing their positions, 43 reducing their positions, and 24 closing their positions.
250% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 24
100% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 43
65% more call options, than puts
Call options by funds: $2.48M | Put options by funds: $1.5M
34% more funds holding
Funds holding: 170 → 228 (+58)
24% more capital invested
Capital invested by funds: $1.13B → $1.4B (+$269M)
21.61% more ownership
Funds ownership: 85.46% → 107.07% (+22%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$97.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.7M |
| 3 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$27.9M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$23.5M |
| 5 |
Millennium Management
New York
|
+$23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$44.6M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$23.1M |
| 3 |
BCM
Brenham Capital Management
Dallas,
Texas
|
-$15.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.9M |
| 5 |
Goldman Sachs
New York
|
-$9.83M |
PUMP Hedge Fund Activity: Q2 2018 in Review
228 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in ProPetro Holding (PUMP) for Q2 2018, worth a combined $1.4B — up 24% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new PUMP positions and 24 closed out — a net gain of 60 holders — while 86 added to existing stakes and 43 trimmed.
The largest buyer was BlackRock, adding an estimated $97.8M. The largest seller was Victory Capital Management, exiting entirely with an estimated $44.6M sold.
- 228 institutional investors held ProPetro Holding (PUMP) as of Q2 2018, up from 170 in Q1 2018.
- Funds reported $1.4B of ProPetro Holding stock for Q2 2018, up 24% quarter-over-quarter.
- 84 funds opened new ProPetro Holding positions in Q2 2018 and 24 closed out, a net change of +60 holders.
- The largest ProPetro Holding buyer in Q2 2018 was BlackRock, an estimated $97.8M added.
- The largest ProPetro Holding seller in Q2 2018 was Victory Capital Management, an estimated $44.6M sold.
Based on aggregated 13F filings for Q2 2018.