CHRD Chord Energy Corp
Executive Summary
A mixed institutional cluster in CHRD for 2024-Q3 shows 24 buyers adding $89.2M in net new positions (led by Point72, Victory Capital Management) and 26 sellers trimming $155.0M (led by Schwab, Citadel, Janus Henderson). The aggregate divergence suggests fundamental disagreement: lower oil prices and E&P sector rotation drove profit-taking by quant and passive funds, while active asset managers added on relative valuation dip. Given the 45-day reporting lag, the cluster may have already unwound, and CHRD's past T+20 reports show only 25% win rate, tempering signal conviction.
Key Financial Metrics
Institutional Positions
Net institutional flow: -$65.8M
▲ Buyers (24)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Point72 | DOUBLED | +143.8% | $114.7M | $54.1M |
| Victory Capital Management | ADD | +41.3% | $292.4M | $26.0M |
| First Trust Advisors | ADD | +43% | $41.0M | $4.1M |
▼ Sellers (26)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| Schwab | TRIM | -28.9% | $108.0M | -$48.4M |
| Citadel | TRIM | -50.5% | $74.1M | -$45.6M |
| Janus Henderson Group | TRIM | -34.9% | $73.9M | -$36.6M |
Actionable Insight
The sell-heavy Q3 cluster is at odds with 83% analyst bullishness. Monitor upcoming Q4 2024 earnings and any operational update for reconciliation. The 25% T+20 win rate on prior CHRD reports suggests past institutional signals had limited predictive power; treat cluster as noisy until confirming earnings/cash-flow data emerges.
Key Facts
- 24 institutional buyers added a net $89.2M to CHRD positions, led by Point72 doubling its stake (+$54.1M) and Victory Capital Management adding $26.0M.
- 26 institutional sellers reduced positions by a total of $155.0M, with Schwab trimming $48.4M, Citadel trimming $45.6M, and Janus Henderson trimming $36.6M.
- Net institutional flow was negative: total selling value ($155.0M) exceeded total buying value ($89.2M) by approximately $65.8M.
- The cluster spans active managers (Point72, Franklin, Stifel) on the buy side and quant / mega-passive entities (Schwab, Citadel, D.E. Shaw) on the sell side.
- CHRD stock is rated 83% bullish by sell-side analysts (6 Strong Buy, 13 Buy, 4 Hold), contrasting with the Q3 sell-heavy institutional flow.
Financial Impact
24 buyers added $89.2M in net new holdings; 26 sellers reduced by $155.0M — net institutional outflow of ~$65.8M
Risk Factors
- 45-day 13F reporting lag: Q3 positions may have been unwound or reversed by now.
- 25% win rate on past CHRD reports (n=8 settled) indicates limited historical signal reliability for this ticker.
- Crude oil price volatility and E&P sector fund flows could drive CHRD independently of this institutional footprint.
Market Snapshot
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-CHRD-2024-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
3d ago
|
Institutional Cluster
| $133.72 awaiting T+5 | awaiting T+5 | — | — |
|
May 18, 2026
27d ago
|
Insider Cluster
| $148.35 $133.70 | ▼ −9.88% | ▼ −12.17% | — |
|
May 7, 2026
5w ago
|
S-3ASR
| $136.44 $142.54 | ▲ +4.47% | ▲ +3.01% | — |
|
May 5, 2026
5w ago
|
8-K
| $140.84 $142.01 | ▲ +0.83% | ▼ −0.30% | — |
|
Mar 19, 2026
12w ago
|
DEFA14A
| $130.48 $143.95 | ▲ +10.32% | ▲ +12.53% | — |
|
Mar 6, 2026
14w ago
|
Insider Cluster
| $120.10 $123.45 | ▲ +2.79% | ▲ +4.32% | — |
|
Mar 3, 2026
14w ago
|
Insider Cluster
| $111.17 $117.79 | ▼ −5.96% | ▼ −6.43% | — |
|
Mar 3, 2026
14w ago
|
Insider Cluster
| $111.17 $117.79 | ▼ −5.96% | ▼ −6.43% | — |
US Market Status
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