Vault-13

PIONEER NAT RES CO PXD

COM · Common Stock · CUSIP 723787107 · ISIN US7237871071

1,317 institutional holders -10 vs Q3 2023
213,118,161213.1m shares reported held*
$47.9bnreported value*
122 new 379 added 576 reduced 200 sold out net bought ≈ $641.2m (+3.2m shares)

* 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 ($123.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $224.89. Options: 33 managers hold calls ($511.8m notional), 32 hold puts ($437.0m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,127Q4 22: 1,210Q1 23: 1,200Q2 23: 1,292Q3 23: 1,327Q4 23: 1,3171,317Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,127
Q4 20221,210
Q1 20231,200
Q2 20231,292
Q3 20231,327
Q4 20231,317

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ4 22: 613 bought or addedQ4 22: 500 cut or sold outQ4 22Q1 23: 685 bought or addedQ1 23: 496 cut or sold outQ1 23Q2 23: 677 bought or addedQ2 23: 521 cut or sold outQ2 23Q3 23: 691 bought or addedQ3 23: 528 cut or sold outQ3 23Q4 23: 501 bought or addedQ4 23: 776 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022613500
Q1 2023685496
Q2 2023677521
Q3 2023691528
Q4 2023501776

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200m$400m$600m$800mQ1 23 calls: $764.7mQ1 23 puts: $559.0mQ1 23P/C 0.73Q2 23 calls: $659.8mQ2 23 puts: $520.0mQ2 23P/C 0.79Q3 23 calls: $747.1mQ3 23 puts: $414.3mQ3 23P/C 0.55Q4 23 calls: $511.8mQ4 23 puts: $437.0mQ4 23P/C 0.85
Numbers
QuarterCallsPutsP/C
Q1 2023$764.7m$559.0m0.73
Q2 2023$659.8m$520.0m0.79
Q3 2023$747.1m$414.3m0.55
Q4 2023$511.8m$437.0m0.85

Biggest buyers

JPMORGAN CHASE & CO Added +6,187,736+6.2m
Pentwater Capital Management LP New +5,840,000+5.8m
MORGAN STANLEY Added +5,297,296+5.3m
MILLENNIUM MANAGEMENT LLC Added +1,914,275+1.9m
PRICE T ROWE ASSOCIATES INC /MD/ Added +1,464,709+1.5m
Westchester Capital Management, LLC New +1,150,098+1.2m
ADAGE CAPITAL PARTNERS GP, L.L.C. Added +1,081,228+1.1m
Balyasny Asset Management L.P. Added +1,047,414+1.0m
TUDOR INVESTMENT CORP ET AL Added +787,756+787.8k
Hudson Bay Capital Management LP New +642,236+642.2k

Biggest sellers

Capital International Investors Reduced -5,046,517-5.0m
T. Rowe Price Investment Management, Inc. Reduced -2,019,021-2.0m
Boston Partners Reduced -1,925,222-1.9m
Invesco Ltd. Reduced -1,895,904-1.9m
FMR LLC Reduced -1,292,648-1.3m
BlackRock Inc. Reduced -1,245,994-1.2m
VOYA INVESTMENT MANAGEMENT LLC Reduced -1,185,325-1.2m
Bank of New York Mellon Corp Reduced -1,075,831-1.1m
Point72 Asset Management, L.P. Sold out -807,904-807.9k
STATE STREET CORP Reduced -762,089-762.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $204.1m907.4k shares
CITADEL ADVISORS LLC Reduced $47.5m211.3k shares
GROUP ONE TRADING LLC Added $40.9m181.7k shares
Maven Securities LTD Added $28.8m128.2k shares
Twin Tree Management, LP Reduced $25.5m113.6k shares
MILLENNIUM MANAGEMENT LLC Reduced $23.9m106.3k shares
UBS Group AG Reduced $23.0m102.4k shares
BARCLAYS PLC Reduced $19.1m85.1k shares
JANE STREET GROUP, LLC Reduced $15.9m70.6k shares
Walleye Trading LLC Reduced $13.9m61.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $122.8m546.2k shares
UBS Group AG Reduced $60.6m269.6k shares
CITADEL ADVISORS LLC Reduced $42.1m187.3k shares
GROUP ONE TRADING LLC Added $31.7m141.0k shares
JANE STREET GROUP, LLC Added $27.2m120.9k shares
Maven Securities LTD Added $21.6m96.1k shares
Walleye Trading LLC Added $21.0m93.5k shares
MILLENNIUM MANAGEMENT LLC Reduced $16.2m72.0k shares
JPMORGAN CHASE & CO Added $14.8m65.8k shares
CAPSTONE INVESTMENT ADVISORS, LLC Added $10.2m45.2k 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.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.10% of their portfolio Valley Forge, PA 20,256,68520.3m $4.6bn $4.6bn 0.10% Added +240.9k +240,934
2 BlackRock Inc. 0.09% of their portfolio New York, NY 15,683,39115.7m $3.5bn $3.5bn 0.09% Reduced -1.2m -1,245,994
3 STATE STREET CORP 0.16% of their portfolio BOSTON, MA 14,576,11414.6m $3.3bn $3.3bn 0.16% Reduced -762.1k -762,089
4 JPMORGAN CHASE & CO 0.14% of their portfolio NEW YORK, NY 12,342,36612.3m $2.8bn $2.8bn 0.14% Added +6.2m +6,187,736
5 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 7,449,2067.4m $1.7bn $1.7bn 0.07% Added +5.3m +5,297,296
6 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.48% of their portfolio Boston, MA 6,661,1696.7m $1.5bn $1.5bn 0.48% Reduced -631.1k -631,058
7 Pentwater Capital Management LP 24.66% of their portfolio Naples, FL 5,840,0005.8m $1.3bn $1.3bn 24.66% New
8 HBK INVESTMENTS L P 25.81% of their portfolio DALLAS, TX 4,804,9554.8m $1.1bn $1.1bn 25.81% Not comparable
9 PRIMECAP MANAGEMENT CO/CA/ 0.85% of their portfolio PASADENA, CA 4,760,2564.8m $1.1bn $1.1bn 0.85% Reduced -86.1k -86,100
10 GEODE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio BOSTON, MA 4,537,0114.5m $1.0bn $1.0bn 0.11% Added +103.3k +103,292
11 Davidson Kempner Capital Management LP 15.13% of their portfolio New York, NY 3,816,2293.8m $858.2m $858.2m 15.13% Not comparable
12 MILLENNIUM MANAGEMENT LLC 0.74% of their portfolio NEW YORK, NY 3,455,0073.5m $777.0m $777.0m 0.74% Added +1.9m +1,914,275
13 Capital World Investors 0.13% of their portfolio LOS ANGELES, CA 3,200,6083.2m $719.8m $719.8m 0.13% Reduced -170.3k -170,275
14 Clearbridge Investments, LLC 0.61% of their portfolio NEW YORK, NY 3,169,7863.2m $712.8m $712.8m 0.61% Reduced -89.9k -89,945
15 FARALLON CAPITAL MANAGEMENT, L.L.C. 4.39% of their portfolio SAN FRANCISCO, CA 3,120,0003.1m $701.6m $701.6m 4.39% Not comparable
16 PRICE T ROWE ASSOCIATES INC /MD/ 0.09% of their portfolio BALTIMORE, MD 2,857,8782.9m $642.7m $642.7m 0.09% Added +1.5m +1,464,709
17 OCONNOR, A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS (LLC) 18.34% of their portfolio CHICAGO, IL 2,576,8082.6m $579.5m $579.5m 18.34% Not comparable
18 NORTHERN TRUST CORP 0.10% of their portfolio CHICAGO, IL 2,417,4442.4m $543.6m $543.6m 0.10% Reduced -80.4k -80,424
19 Nuveen Asset Management, LLC 0.17% of their portfolio CHICAGO, IL 2,320,0622.3m $521.7m $521.7m 0.17% Reduced -665.0k -664,978
20 Bank of New York Mellon Corp 0.10% of their portfolio NEW YORK, NY 2,164,1332.2m $486.7m $486.7m 0.10% Reduced -1.1m -1,075,831
21 Invesco Ltd. 0.10% of their portfolio ATLANTA, GA 1,866,2281.9m $419.7m $419.7m 0.10% Reduced -1.9m -1,895,904
22 BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.47% of their portfolio DALLAS, TX 1,859,1291.9m $418.1m $418.1m 1.47% Reduced -127.1k -127,128
23 Capital Research Global Investors 0.10% of their portfolio Los Angeles, CA 1,855,5631.9m $417.3m $417.3m 0.10% Reduced -345 -345
24 DIMENSIONAL FUND ADVISORS LP 0.12% of their portfolio AUSTIN, TX 1,797,2311.8m $404.2m $404.2m 0.12% Added +52.4k +52,371
25 Balyasny Asset Management L.P. 1.05% of their portfolio Chicago, IL 1,680,7441.7m $378.0m $378.0m 1.05% Added +1.0m +1,047,414
26 Pacer Advisors, Inc. 1.04% of their portfolio Malvern, PA 1,637,9191.6m $368.3m $368.3m 1.04% Added +165.6k +165,560
27 CIBC Private Wealth Group LLC 0.76% of their portfolio ATLANTA, GA 1,605,0751.6m $360.9m $360.9m 0.76% Reduced -56.4k -56,357
28 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 1,530,4761.5m $344.0m $344.0m 0.10% Reduced -393.3k -393,343
29 Legal & General Group Plc 0.10% of their portfolio London, X0 1,496,1901.5m $336.5m $336.5m 0.10% Added +57.8k +57,833
30 BANK OF MONTREAL /CAN/ 0.10% of their portfolio TORONTO, A6 1,402,9891.4m $318.6m $318.6m 0.10% Added +100.0k +99,951
31 FMR LLC 0.02% of their portfolio BOSTON, MA 1,370,7321.4m $308.3m $308.3m 0.02% Reduced -1.3m -1,292,648
32 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio SAN FRANCISCO, CA 1,234,8831.2m $277.7m $277.7m 0.07% Added +34.1k +34,111
33 HighTower Advisors, LLC 0.46% of their portfolio CHICAGO, IL 1,225,7951.2m $275.6m $275.6m 0.46% Added +64.6k +64,557
34 CITADEL ADVISORS LLC 0.27% of their portfolio MIAMI, FL 1,210,6271.2m $272.2m $272.2m 0.27% Added +311.9k +311,867
35 D. E. Shaw & Co., Inc. 0.38% of their portfolio New York, NY 1,180,7731.2m $265.5m $265.5m 0.38% Added +354.7k +354,686
36 Westchester Capital Management, LLC 10.40% of their portfolio VALHALLA, NY 1,150,0981.2m $258.6m $258.6m 10.40% New
37 UBS Group AG 0.10% of their portfolio ZURICH, V8 1,137,1811.1m $255.7m $255.7m 0.10% Reduced -107.7k -107,670
38 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.52% of their portfolio Boston, MA 1,117,9931.1m $251.4m $251.4m 0.52% Added +1.1m +1,081,228
39 YACKTMAN ASSET MANAGEMENT LP 2.33% of their portfolio AUSTIN, TX 1,114,1101.1m $250.5m $250.5m 2.33% Reduced -161.3k -161,336
40 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 1,100,2131.1m $247.4m $247.4m 0.05% Reduced -77.8k -77,847
41 LAZARD ASSET MANAGEMENT LLC 0.31% of their portfolio NEW YORK, NY 1,075,1711.1m $241.8m $241.8m 0.31% Reduced -27.6k -27,629
42 AMERICAN CENTURY COMPANIES INC 0.15% of their portfolio KANSAS CITY, MO 996,808996.8k $224.2m $224.2m 0.15% Reduced -80.2k -80,246
43 NEUBERGER BERMAN GROUP LLC 0.19% of their portfolio NEW YORK, NY 969,408969.4k $218.0m $218.0m 0.19% Added +279.3k +279,322
44 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.08% of their portfolio NEW YORK, NY 930,982931.0k $209.4m $209.4m 0.08% Reduced -264.9k -264,937
45 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 862,047862.0k $193.9m $193.9m 0.02% Reduced -433.6k -433,648
46 DEUTSCHE BANK AG\ 0.10% of their portfolio FRANKFURT AM MAIN, 2M 855,396855.4k $192.4m $192.4m 0.10% Added +48.3k +48,269
47 TUDOR INVESTMENT CORP ET AL 2.65% of their portfolio STAMFORD, CT 850,681850.7k $191.3m $191.3m 2.65% Added +787.8k +787,756
48 BARCLAYS PLC 0.10% of their portfolio LONDON, X0 831,260831.3k $186.9m $186.9m 0.10% Added +160.3k +160,293
49 Amundi 0.08% of their portfolio Paris, I0 750,613750.6k $167.5m $167.5m 0.08% Reduced -24.9k -24,907
50 Thrivent Financial for Lutherans 0.36% of their portfolio Minneapolis, MN 730,749730.7k $164.3m $164.3m 0.36% Added +1.4k +1,437
51 Swiss National Bank 0.12% of their portfolio ZURICH, V8 729,624729.6k $164.1m $164.1m 0.12% Reduced -22.3k -22,300
52 Assenagon Asset Management S.A. 0.50% of their portfolio SENNINGERBERG, N4 725,307725.3k $163.1m $163.1m 0.50% Added +106.9k +106,858
53 Qube Research & Technologies Ltd 0.36% of their portfolio LONDON, X0 704,493704.5k $158.4m $158.4m 0.36% Added +539.2k +539,205
54 Capital International Investors 0.04% of their portfolio Los Angeles, CA 704,079704.1k $158.3m $158.3m 0.04% Reduced -5.0m -5,046,517
55 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 684,151684.2k $153.9m $153.9m 0.04% Reduced -50.5k -50,450
56 BESSEMER GROUP INC 0.28% of their portfolio WOODBRIDGE, NJ 645,783645.8k $145.2m $145.2m 0.28% Reduced -25.2k -25,221
57 Hudson Bay Capital Management LP 1.27% of their portfolio STAMFORD, CT 642,236642.2k $144.4m $144.4m 1.27% New
58 KING LUTHER CAPITAL MANAGEMENT CORP 0.69% of their portfolio FORT WORTH, TX 638,059638.1k $143.5m $143.5m 0.69% Reduced -30.4k -30,423
59 FIRST TRUST ADVISORS LP 0.16% of their portfolio Wheaton, IL 635,058635.1k $142.8m $142.8m 0.16% Reduced -55.7k -55,674
60 Taconic Capital Advisors LP 13.37% of their portfolio NEW YORK, NY 617,000617.0k $138.8m $138.8m 13.37% Not comparable
61 OMERS ADMINISTRATION Corp 1.65% of their portfolio TORONTO, A6 580,800580.8k $130.6m $130.6m 1.65% New
62 NATIXIS ADVISORS, LLC 0.34% of their portfolio Boston, MA 580,711580.7k $130.6m $130.6m 0.34% Reduced -161.1k -161,052
63 RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio ST PETERSBURG, FL 570,081570.1k $128.2m $128.2m 0.10% Reduced -531.0k -530,990
64 Sumitomo Mitsui Trust Group, Inc. 0.09% of their portfolio CHIYODA-KU, TOKYO, M0 565,629565.6k $127.2m $127.2m 0.09% Reduced -12.7k -12,659
65 Melqart Asset Management (UK) Ltd 10.16% of their portfolio London, X0 559,897559.9k $125.9m $125.9m 10.16% New
66 HSBC HOLDINGS PLC 0.11% of their portfolio LONDON, X0 512,932512.9k $115.3m $115.3m 0.11% Reduced -50.9k -50,933
67 LORD, ABBETT & CO. LLC 0.20% of their portfolio JERSEY CITY, NJ 502,168502.2k $112.9m $112.9m 0.20% Reduced -56.8k -56,768
68 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 493,153493.2k $110.9m $110.9m 0.05% Reduced -285.7k -285,686
69 INGALLS & SNYDER LLC 4.98% of their portfolio NEW YORK, NY 487,521487.5k $109.6m $109.6m 4.98% Reduced -25.1k -25,073
70 Empyrean Capital Partners, LP 6.42% of their portfolio LOS ANGELES, CA 471,000471.0k $105.9m $105.9m 6.42% New
71 TD Asset Management Inc 0.10% of their portfolio Toronto, A6 460,526460.5k $103.6m $103.6m 0.10% Added +82.2k +82,151
72 RHUMBLINE ADVISERS 0.11% of their portfolio BOSTON, MA 459,021459.0k $103.2m $103.2m 0.11% Reduced -177 -177
73 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 456,811456.8k $102.7m $102.7m 0.02% Reduced -692.1k -692,093
74 National Pension Service 0.14% of their portfolio JEONJU-SI, JEOLLABUK-DO, M5 445,097445.1k $100.1m $100.1m 0.14% Added +10.8k +10,789
75 BANK OF NOVA SCOTIA 0.19% of their portfolio TORONTO, A6 442,844442.8k $99.6m $99.6m 0.19% Added +410.1k +410,119
76 ALPINE ASSOCIATES MANAGEMENT INC. 4.94% of their portfolio PALM BEACH, FL 428,550428.6k $96.4m $96.4m 4.94% New
77 California Public Employees Retirement System 0.07% of their portfolio Sacramento, CA 424,530424.5k $95.5m $95.5m 0.07% Reduced -30.1k -30,052
78 Sculptor Capital LP 2.33% of their portfolio New York, NY 412,000412.0k $92.7m $92.7m 2.33% New
79 T. Rowe Price Investment Management, Inc. 0.06% of their portfolio BALTIMORE, MD 408,942408.9k $92.0m $92.0m 0.06% Reduced -2.0m -2,019,021
80 CONGRESS ASSET MANAGEMENT CO 0.72% of their portfolio BOSTON, MA 405,712405.7k $91.2m $91.2m 0.72% Reduced -118.9k -118,876
81 JANE STREET GROUP, LLC 0.11% of their portfolio NEW YORK, NY 387,183387.2k $87.1m $87.1m 0.11% Added +33.5k +33,484
82 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 383,604383.6k $86.3m $86.3m 0.02% Reduced -159.5k -159,520
83 BNP PARIBAS FINANCIAL MARKETS 0.16% of their portfolio PARIS, I0 379,971380.0k $85.4m $85.4m 0.16% Added +43.4k +43,424
84 Carlson Capital, L.P. 6.73% of their portfolio DALLAS, TX 373,604373.6k $84.0m $84.0m 6.73% Added +357.5k +357,504
85 Magnetar Financial LLC 2.12% of their portfolio EVANSTON, IL 370,069370.1k $83.2m $83.2m 2.12% Added +354.2k +354,238
86 Calamos Advisors LLC 0.42% of their portfolio NAPERVILLE, IL 363,746363.7k $81.8m $81.8m 0.42% Added +224.8k +224,753
87 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 363,032363.0k $81.6m $81.6m 0.10% Reduced -91.1k -91,129
88 WATER ISLAND CAPITAL LLC 8.26% of their portfolio NEW YORK, NY 358,308358.3k $80.6m $80.6m 8.26% New
89 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio Toronto, A6 352,134352.1k $79.2m $79.2m 0.05% Reduced -46.9k -46,947
90 CREDIT SUISSE AG/ 0.07% of their portfolio ZURICH, V8 338,013338.0k $76.0m $76.0m 0.07% Reduced -28.9k -28,888
91 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.10% of their portfolio WEST SACRAMENTO, CA 331,913331.9k $74.6m $74.6m 0.10% Reduced -11.3k -11,257
92 COMMERCE BANK 0.52% of their portfolio KANSAS CITY, MO 323,300323.3k $72.7m $72.7m 0.52% Reduced -45.1k -45,080
93 CITIGROUP INC 0.09% of their portfolio NEW YORK, NY 314,487314.5k $70.7m $70.7m 0.09% Added +28.5k +28,479
94 ABRAMS BISON INVESTMENTS, LLC 6.81% of their portfolio Bethesda, MD 302,000302.0k $67.9m $67.9m 6.81% Reduced -17.7k -17,675
95 SCHWARTZ INVESTMENT COUNSEL INC 2.51% of their portfolio PLYMOUTH, MI 286,360286.4k $64.4m $64.4m 2.51% Reduced -11.4k -11,400
96 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 283,704283.7k $63.8m $63.8m 0.02% Reduced -64.3k -64,323
97 PICTON MAHONEY ASSET MANAGEMENT 2.87% of their portfolio Toronto, A6 275,000275.0k $61.8m $61.8m 2.87% New
98 Russell Investments Group, Ltd. 0.11% of their portfolio Seattle, WA 271,612271.6k $61.1m $61.1m 0.11% Reduced -187.6k -187,572
99 NATIONAL BANK OF CANADA /FI/ 0.11% of their portfolio MONTREAL, A8 266,855266.9k $61.5m $61.5m 0.11% Reduced -107.0k -107,015
100 STATE OF WISCONSIN INVESTMENT BOARD 0.17% of their portfolio MADISON, WI 264,293264.3k $59.4m $59.4m 0.17% Added +139.9k +139,927