Ring Energy
REI
127 hedge funds and large institutions have $176M invested in Ring Energy in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 51 increasing their positions, 30 reducing their positions, and 23 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 30
33% more call options, than puts
Call options by funds: $6.43M | Put options by funds: $4.85M
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
2% more funds holding
Funds holding: 124 → 127 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.19% less ownership
Funds ownership: 54.47% → 51.28% (-3.2%)
25% less capital invested
Capital invested by funds: $233M → $176M (-$57.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.15M |
| 2 |
Morgan Stanley
New York
|
+$1.61M |
| 3 |
BlackRock
New York
|
+$1.1M |
| 4 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$1.08M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$625K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCPM
Cooper Creek Partners Management
New York
|
-$10.5M |
| 2 |
Renaissance Technologies
New York
|
-$1.4M |
| 3 |
Two Sigma Investments
New York
|
-$992K |
| 4 |
Two Sigma Advisers
New York
|
-$855K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$788K |
REI Hedge Fund Activity: Q1 2023 in Review
127 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Ring Energy (REI) for Q1 2023, worth a combined $176M — down 25% from $233M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new REI positions and 23 closed out — a net gain of 3 holders — while 51 added to existing stakes and 30 trimmed.
The largest buyer was Millennium Management, adding an estimated $2.15M. The largest seller was Cooper Creek Partners Management, exiting entirely with an estimated $10.5M sold.
- 127 institutional investors held Ring Energy (REI) as of Q1 2023, up from 124 in Q4 2022.
- Funds reported $176M of Ring Energy stock for Q1 2023, down 25% quarter-over-quarter.
- 26 funds opened new Ring Energy positions in Q1 2023 and 23 closed out, a net change of +3 holders.
- The largest Ring Energy buyer in Q1 2023 was Millennium Management, an estimated $2.15M added.
- The largest Ring Energy seller in Q1 2023 was Cooper Creek Partners Management, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2023.