Filing Details
Pacer Advisors, Inc., a registered investment adviser, reduced its position in Chord Energy Corporation (NASDAQ:CHRD) during Q1 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm sold 121,240 shares of the Energy company, reducing its total holdings to 227,964 shares valued at approximately $32.4M as of the filing date. This represents a 34.7% decrease in the position.
Market Context
Chord Energy Corporation's stock currently trades at $117.25 with a market capitalization of $5.6B.
Institutional selling doesn't always signal a bearish outlook. Large funds regularly trim positions for portfolio rebalancing, client redemptions, or to lock in gains. That said, when a major holder like Pacer Advisors, Inc. reduces exposure to Chord Energy Corporation, it's worth monitoring whether other institutions are making similar moves.
Energy stocks remain a focus for institutional investors navigating the transition between traditional and renewable energy sources. Institutional positioning in Chord Energy Corporation reflects views on commodity prices and the sector's evolving landscape.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
Related Tools: Insider Trades Tracker | View CHRD Stock Page
Frequently Asked Questions
What is a 13F filing?
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like Pacer Advisors, Inc. position their portfolios.
How can I track institutional ownership of CHRD?
View all institutional holders on our CHRD institutional ownership page.