ProPetro Holding
PUMP
227 hedge funds and large institutions have $660M invested in ProPetro Holding in 2023 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 93 increasing their positions, 66 reducing their positions, and 26 closing their positions.
46% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 26
41% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 66
7.54% more ownership
Funds ownership: 71.97% → 79.5% (+7.5%)
4% more funds holding
Funds holding: 218 → 227 (+9)
6% more call options, than puts
Call options by funds: $770K | Put options by funds: $728K
23% less capital invested
Capital invested by funds: $854M → $660M (-$195M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$10.9M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$7.69M |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
+$4.84M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.72M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
-$9.21M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.13M |
| 3 |
Millennium Management
New York
|
-$5.31M |
| 4 |
VanEck Associates
New York
|
-$4.65M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$2.99M |
PUMP Hedge Fund Activity: Q1 2023 in Review
227 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in ProPetro Holding (PUMP) for Q1 2023, worth a combined $660M — down 23% from $854M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new PUMP positions and 26 closed out — a net gain of 12 holders — while 93 added to existing stakes and 66 trimmed.
The largest buyer was Boston Partners, adding an estimated $10.9M. The largest seller was VOYA Investment Management, cutting an estimated $9.21M.
- 227 institutional investors held ProPetro Holding (PUMP) as of Q1 2023, up from 218 in Q4 2022.
- Funds reported $660M of ProPetro Holding stock for Q1 2023, down 23% quarter-over-quarter.
- 38 funds opened new ProPetro Holding positions in Q1 2023 and 26 closed out, a net change of +12 holders.
- The largest ProPetro Holding buyer in Q1 2023 was Boston Partners, an estimated $10.9M added.
- The largest ProPetro Holding seller in Q1 2023 was VOYA Investment Management, an estimated $9.21M sold.
Based on aggregated 13F filings for Q1 2023.