PERMIAN RESOURCES CORP PR
CLASS A COM · Common Stock · CUSIP 71424F105 · ISIN US71424F1057
- SectorEnergy
- IndustryCrude Petroleum & Natural Gas
- HeadquartersMidland, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.1m this quarter). Holder counts are more reliable. Shares outstanding: 566.0m as of 2023-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $10.93. Options: 18 managers hold calls ($61.4m notional), 12 hold puts ($19.6m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 222 |
| Q4 2022 | 242 |
| Q1 2023 | 275 |
| Q2 2023 | 264 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 131 | 112 |
| Q1 2023 | 170 | 101 |
| Q2 2023 | 153 | 134 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $22.4m | $37.2m | 1.66 |
| Q4 2022 | $42.7m | $48.9m | 1.15 |
| Q1 2023 | $47.4m | $24.3m | 0.51 |
| Q2 2023 | $61.4m | $19.6m | 0.32 |
Biggest buyers
| Woodline Partners LP | New | +6.4m |
| VANGUARD GROUP INC | Added | +2.8m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +2.2m |
| Merewether Investment Management, LP | Added | +2.2m |
| HITE Hedge Asset Management LLC | Added | +2.1m |
| MACQUARIE GROUP LTD | Added | +2.1m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | New | +1.7m |
| BlackRock Inc. | Added | +1.7m |
| Nuveen Asset Management, LLC | Added | +1.6m |
| MILLENNIUM MANAGEMENT LLC | Added | +1.4m |
Biggest sellers
| TWO SIGMA INVESTMENTS, LP | Reduced | -3.1m |
| Holocene Advisors, LP | Sold out | -2.0m |
| TWO SIGMA ADVISERS, LP | Reduced | -1.7m |
| CITADEL ADVISORS LLC | Reduced | -1.7m |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Reduced | -1.7m |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Reduced | -1.4m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -1.2m |
| Aventail Capital Group, LP | Reduced | -1.2m |
| Balyasny Asset Management L.P. | Sold out | -1.1m |
| LORD, ABBETT & CO. LLC | Reduced | -1.1m |
Biggest calls
| GROUP ONE TRADING LLC | Added | $13.8m1.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $13.1m1.2m shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $6.6m600.0k shares |
| CITADEL ADVISORS LLC | Added | $5.4m488.8k shares |
| SIMPLEX TRADING, LLC | Added | $4.8m438.7k shares |
| ROYAL BANK OF CANADA | New | $4.7m430.0k shares |
| BANK OF MONTREAL /CAN/ | New | $3.6m325.0k shares |
| JANE STREET GROUP, LLC | Added | $2.2m200.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.6m149.5k shares |
| Cubist Systematic Strategies, LLC | Reduced | $1.4m128.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.1m920.0k shares |
| CITADEL ADVISORS LLC | Added | $2.9m265.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $2.1m193.7k shares |
| GROUP ONE TRADING LLC | Added | $2.0m185.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $991.9k90.5k shares |
| TWO SIGMA SECURITIES, LLC | Added | $845.0k77.1k shares |
| Cubist Systematic Strategies, LLC | Reduced | $347.4k31.7k shares |
| JANE STREET GROUP, LLC | Reduced | $257.6k23.5k shares |
| PEAK6 Investments LLC | Reduced | $12.1k1.1k shares |
| Walleye Trading LLC | Reduced | $1.1k100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26), EnCap Partners GP, LLC (2.1%, 2026-03-05)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 5 | $1.4m | — |
| Q1 2022 | 0 | — | 3 | $128.6m | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $752.5k | — |
| Q4 2022 | 0 | — | 2 | $2.3m | — |
| Q1 2023 | 0 | — | 4 | $153.7m | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| RIVERSTONE HOLDINGS LLC 35.27% of their portfolio | 55.3m $605.7m | Unchanged |
| VANGUARD GROUP INC 0.01% of their portfolio | 24.3m $266.5m | Added +2.8m |
| BlackRock Inc. 0.01% of their portfolio | 17.9m $196.7m | Added +1.7m |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 17.5m $192.1m | Added +1.6m |
| STATE STREET CORP 0.01% of their portfolio | 12.0m $131.1m | Added +70.7k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 11.1m $121.9m | Added +586.8k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 10.6m $116.3m | Reduced -1.2m |
| River Road Asset Management, LLC 1.30% of their portfolio | 8.6m $94.3m | Added +220.6k |
| MACQUARIE GROUP LTD 0.10% of their portfolio | 7.7m $84.7m | Added +2.1m |
| VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio | 7.1m $77.7m | Added +183.1k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.69% of their portfolio | 6.5m $71.7m | Reduced -1.7m |
| Woodline Partners LP 0.83% of their portfolio | 6.4m $70.0m | New |
| LORD, ABBETT & CO. LLC 0.11% of their portfolio | 6.0m $66.0m | Reduced -1.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 5.8m $63.8m | Added +2.2m |
| Invesco Ltd. 0.01% of their portfolio | 5.1m $55.4m | Reduced -245.2k |
| Post Oak Energy Holdings, LLC 17.93% of their portfolio | 4.9m $53.7m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 4.8m $52.6m | Added +363.9k |
| Aventail Capital Group, LP 4.78% of their portfolio | 4.3m $47.0m | Reduced -1.2m |
| Ranger Investment Management, L.P. 2.55% of their portfolio | 3.9m $42.4m | Added +117.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 3.6m $39.4m | Reduced -95.6k |
| Merewether Investment Management, LP 2.83% of their portfolio | 3.6m $38.9m | Added +2.2m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio | 3.5m $38.4m | Reduced -759.2k |
| Sagefield Capital LP 7.80% of their portfolio | 3.3m $36.5m | Added +644.7k |
| TWO SIGMA ADVISERS, LP 0.08% of their portfolio | 3.0m $32.9m | Reduced -1.7m |
| NORTHERN TRUST CORP 0.01% of their portfolio | 2.7m $29.7m | Added +530.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 2.7m $29.3m | Reduced -141.6k |
| HITE Hedge Asset Management LLC 3.18% of their portfolio | 2.5m $27.6m | Added +2.1m |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 2.5m $27.2m | Added +1.4m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 2.2m $24.3m | Added +2.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 2.1m $22.8m | Added +8.5k |
| Webs Creek Capital Management LP 14.43% of their portfolio | 1.9m $20.9m | Reduced -160.0k |
| TWO SIGMA INVESTMENTS, LP 0.05% of their portfolio | 1.8m $20.0m | Reduced -3.1m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.21% of their portfolio | 1.7m $18.9m | New |
| Tributary Capital Management, LLC 1.63% of their portfolio | 1.7m $18.2m | Reduced -31.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $17.7m | Added +427.5k |
| FIRST TRUST ADVISORS LP 0.02% of their portfolio | 1.6m $17.1m | Reduced -60.0k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 1.4m $15.1m | Added +47.6k |
| MORGAN STANLEY 0.00% of their portfolio | 1.4m $15.0m | Reduced -206.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.4m $15.0m | Added +1.2m |
| Ninepoint Partners LP 1.92% of their portfolio | 1.4m $14.8m | New |
| WCM INVESTMENT MANAGEMENT, LLC 0.04% of their portfolio | 1.3m $13.8m | Added +90.9k |
| BARCLAYS PLC 0.01% of their portfolio | 1.2m $13.0m | Added +937.3k |
| SIR Capital Management, L.P. 1.34% of their portfolio | 1.1m $12.3m | Reduced -875.1k |
| CITIGROUP INC 0.02% of their portfolio | 1.1m $12.2m | Added +644.9k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 1.1m $11.8m | Added +9.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.0m $11.5m | Added +312.4k |
| Mesirow Institutional Investment Management, Inc. 1.08% of their portfolio | 956.5k $10.5m | New |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.05% of their portfolio | 947.6k $10.4m | Added +254.6k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.24% of their portfolio | 924.5k $10.1m | Added +6.7k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.36% of their portfolio | 898.9k $9.9m | Reduced -58.9k |
| Hodges Capital Management Inc. 0.01% of their portfolio | 795.1k $12.6k | Added +347.7k |
| MIZUHO MARKETS AMERICAS LLC 0.64% of their portfolio | 795.0k $8.7m | Reduced -5.1k |
| Waratah Capital Advisors Ltd. 0.41% of their portfolio | 750.0k $8.2m | Added +497.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 743.5k $8.1m | Added +448.4k |
| Rafferty Asset Management, LLC 0.04% of their portfolio | 675.5k $7.4m | Reduced -135.9k |
| Alyeska Investment Group, L.P. 0.05% of their portfolio | 655.8k $7.2m | New |
| Yaupon Capital Management LP 0.97% of their portfolio | 654.4k $7.2m | Added +429.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 626.2k $6.9m | Reduced -16.0k |
| Amundi 0.00% of their portfolio | 579.4k $6.3m | Added +251 |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 563.2k $6.2m | Added +189.4k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 557.5k $6.1m | Reduced -25.7k |
| UBS Group AG 0.00% of their portfolio | 556.6k $6.1m | Added +177.4k |
| Swiss National Bank 0.00% of their portfolio | 546.9k $6.0m | Added +111.1k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 536.8k $5.9m | Added +63.8k |
| Weiss Multi-Strategy Advisers LLC 0.13% of their portfolio | 535.0k $5.9m | Reduced -123.4k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 505.9k $5.5m | Reduced -1.7m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 500.9k $5.5m | Added +38.3k |
| FIRST MANHATTAN CO. LLC. 0.02% of their portfolio | 496.0k $5.4m | Reduced -117.9k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 495.4k $5.4m | Added +384.3k |
| Arosa Capital Management LP 1.33% of their portfolio | 452.0k $5.0m | New |
| First Eagle Investment Management, LLC 0.01% of their portfolio | 417.8k $4.6m | Added +81.6k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 404.3k $4.4m | Added +27.7k |
| Maven Securities LTD 0.63% of their portfolio | 400.0k $4.4m | Reduced -100.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 381.7k $4.2m | Added +42.4k |
| VIKING FUND MANAGEMENT LLC 0.79% of their portfolio | 380.0k $4.2m | Added +80.0k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 373.0k $4.1m | Added +24.3k |
| RR Advisors, LLC 0.75% of their portfolio | 373.0k $4.1m | Added +255.0k |
| B. Metzler seel. Sohn & Co. AG 0.06% of their portfolio | 371.4k $4.1m | Added +197.8k |
| Zweig-DiMenna Associates LLC 0.54% of their portfolio | 369.8k $4.1m | Reduced -722.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.01% of their portfolio | 361.5k $4.0m | Reduced -152.0k |
| Walleye Capital LLC 0.06% of their portfolio | 333.3k $3.7m | Reduced -278.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 305.6k $3.3m | Added +40.7k |
| Prescott Group Capital Management, L.L.C. 0.73% of their portfolio | 302.0k $3.3m | Added +200.0k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 300.8k $3.3m | Added +275.5k |
| AFFINITY WEALTH MANAGEMENT LLC 0.67% of their portfolio | 266.7k $2.9m | Reduced -2.2k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 257.3k $2.8m | Reduced -804.6k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 256.8k $2.8m | Added +34.7k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 240.3k $2.6m | Reduced -13.1k |
| Legal & General Group Plc 0.00% of their portfolio | 234.5k $2.6m | Added +20.0k |
| Quantbot Technologies LP 0.16% of their portfolio | 229.8k $2.5m | Reduced -384.9k |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 228.3k $2.5m | Reduced -445.6k |
| Knights of Columbus Asset Advisors LLC 0.22% of their portfolio | 227.6k $2.5m | Added +499 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 225.4k $2.4m | Unchanged |
| Larson Financial Group LLC 0.23% of their portfolio | 211.6k $2.3m | Added +11.6k |
| OAK RIDGE INVESTMENTS LLC 0.28% of their portfolio | 205.1k $2.2m | Reduced -6.6k |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 203.4k $2.2m | Added +28.0k |
| PUTNAM INVESTMENTS LLC 0.00% of their portfolio | 202.9k $2.2m | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 194.4k $2.1m | Added +173.1k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.22% of their portfolio | 191.9k $2.1m | New |
| Syntal Capital Partners, LLC 0.83% of their portfolio | 188.2k $2.1m | Reduced -29.0k |