ProPetro Holding
PUMP
227 hedge funds and large institutions have $765M invested in ProPetro Holding in 2023 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 68 increasing their positions, 84 reducing their positions, and 36 closing their positions.
50% more call options, than puts
Call options by funds: $261K | Put options by funds: $174K
25% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 36
2% more funds holding
Funds holding: 222 → 227 (+5)
1.64% more ownership
Funds ownership: 81.17% → 82.81% (+1.6%)
19% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 84
21% less capital invested
Capital invested by funds: $973M → $765M (-$208M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$14.1M |
| 2 |
Morgan Stanley
New York
|
+$10.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$9.59M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$7.91M |
| 5 |
BlackRock
New York
|
+$6.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$19.4M |
| 2 |
Millennium Management
New York
|
-$17.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$13M |
| 4 |
VAS
VR Advisory Services
Camana Bay, Grand Cayman,
Cayman Islands
|
-$7.93M |
| 5 |
FDS
First Dallas Securities
Dallas,
Texas
|
-$4.93M |
PUMP Hedge Fund Activity: Q4 2023 in Review
227 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in ProPetro Holding (PUMP) for Q4 2023, worth a combined $765M — down 21% from $973M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PUMP positions and 36 closed out — a net gain of 9 holders — while 68 added to existing stakes and 84 trimmed.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $14.1M. The largest seller was GW&K Investment Management, cutting an estimated $19.4M.
- 227 institutional investors held ProPetro Holding (PUMP) as of Q4 2023, up from 222 in Q3 2023.
- Funds reported $765M of ProPetro Holding stock for Q4 2023, down 21% quarter-over-quarter.
- 45 funds opened new ProPetro Holding positions in Q4 2023 and 36 closed out, a net change of +9 holders.
- The largest ProPetro Holding buyer in Q4 2023 was Encompass Capital Advisors, an estimated $14.1M added.
- The largest ProPetro Holding seller in Q4 2023 was GW&K Investment Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2023.