Palo Duro Investment Partners, L.P. 13F annual report

Palo Duro Investment Partners, L.P. is an investment fund managing more than $305 billion ran by Dave Nietfeldt. There are currently 6 companies in Mr. Nietfeldt’s portfolio. The largest investments include Antero Resources Corp and Diamondback Inc, together worth $127 billion.

$305 billion Assets Under Management (AUM)

As of 31st July 2023, Palo Duro Investment Partners, L.P.’s top holding is 2,808,008 shares of Antero Resources Corp currently worth over $64.7 billion and making up 21.2% of the portfolio value. Relative to the number of outstanding shares of Antero Resources Corp, Palo Duro Investment Partners, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 473,380 shares of Diamondback Inc worth $62.2 billion, whose value grew 3.5% in the past six months. The third-largest holding is Enerplus worth $61.2 billion and the next is Denbury worth $61.1 billion, with 708,772 shares owned.

Currently, Palo Duro Investment Partners, L.P.'s portfolio is worth at least $305 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Palo Duro Investment Partners, L.P.

The Palo Duro Investment Partners, L.P. office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Dave Nietfeldt serves as the Chief Operating Officer at Palo Duro Investment Partners, L.P..

Recent trades

In the most recent 13F filing, Palo Duro Investment Partners, L.P. revealed that it had increased its stake in Antero Resources Corp and bought 847,549 additional shares worth around $24 million. This means they effectively own approximately 0.1% of the company. Antero Resources Corp makes up 21.2% of the fund's Energy sector allocation and has decreased its share price by approximately 0.1% in the past year.

On the other hand, there are companies that Palo Duro Investment Partners, L.P. is getting rid of from its portfolio. Palo Duro Investment Partners, L.P. closed its position in Ovintiv Inc on 7th August 2023. It sold the previously owned 1,556,286 shares for $56.2 billion.

One of the average hedge funds

The two most similar investment funds to Palo Duro Investment Partners, L.P. are Hahn Capital Management and Engle Capital Management, L.P.. They manage $306 billion and $305 billion respectively.

Dave Nietfeldt investment strategy

Palo Duro Investment Partners, L.P.’s portfolio is diversified across 1 sector. Currently, their heaviest sector is Energy — making up 100.0% of the total portfolio value. The fund focuses on investments in the United States as 83.3% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 33% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $9.39 billion.

The complete list of Palo Duro Investment Partners, L.P. trades based on 13F SEC filings

These positions were updated on August 7th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Antero Resources Corp	43.23% 2,808,008	$64,668,424,000	21.18%
Diamondback Energy Inc	35.89% 473,380	$62,183,197,000	20.37%
Enerplus Corporation	26.64% 4,229,185	$61,196,307,000	20.04%
Denbury Inc.	8.21% 708,772	$61,138,672,000	20.03%
Ovintiv Inc	Closed 1,556,286	$56,150,799,000
EQT Corp	133.58% 1,152,419	$47,398,993,000	15.52%
SM Energy Co	Closed 828,903	$23,341,908,000
Epsilon Energy Ltd.	No change 1,633,385	$8,722,276,000	2.86%
No transactions found
Showing first 500 out of 8 holdings