ProFrac Holding Corp. (ACDC) subsidiary entered into a new $300 million asset-based revolving credit facility with Eclipse Business Capital LLC, maturing July 2030, to refinance and replace its existing credit facility. The subsidiary also amended its senior secured notes indenture to increase the amount of permitted credit facility debt from $275 million to $325 million.

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FAQ

Who are the top institutional investors holding PROFRAC HOLDING CORP-A (ACDC)?

Major stakeholders currently include First Financial Bankshares Inc ($24.1M), BlackRock, Inc. ($11.5M), Aqr Capital Management LLC ($9.5M). Based on the latest 13F filings, there are a total of 139 tracked investment funds and institutions maintaining positions in ACDC.

What is the overall institutional sentiment toward ACDC recently?

Institutional sentiment appears Bullish (Net Buying). During the most recent reporting quarter, the stock experienced a net inflow of $73.3M, driven by 92 managers accumulating shares while 55 reduced their exposure.

Which institutions have been selling or reducing their ACDC positions?

In the latest period, 35 funds trimmed their holdings, and 20 managers completely exited their positions. The aggregate reported sell value was $76.6M.

Are there any notable investors adding ACDC to their portfolios?

Yes, buying activity remains notable. 31 institutions opened new positions in {ticker}, and 61 existing holders added to their shares. The total reported buy value for the quarter amounted to $97.5M.