Fox Run Management Acquires Stake in Chord Energy

Investment firm adds 7,490 shares of oil and gas producer to portfolio

Published on Feb. 28, 2026

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Fox Run Management L.L.C. acquired a new position in Chord Energy Corporation (NASDAQ:CHRD) during the third quarter, according to a recent SEC filing. The institutional investor purchased 7,490 shares of the company's stock, valued at approximately $744,000.

Why it matters

The investment by Fox Run Management in Chord Energy reflects ongoing interest from institutional investors in the oil and gas sector, particularly in companies operating in prolific basins like the Williston and Delaware. Chord Energy is a key player in these regions, making it an attractive target for investors seeking exposure to the energy industry.

The details

Several other large investors have also modified their holdings of Chord Energy in recent quarters. Massachusetts Financial Services Co. MA purchased a new stake worth approximately $91.4 million, while Orion Portfolio Solutions LLC grew its position by over 6,700% to 709,086 shares valued at $68.7 million. AQR Capital Management LLC and Adage Capital Partners GP L.L.C. also significantly increased their stakes in the company.

  • Fox Run Management acquired the Chord Energy shares in the third quarter of 2022.

The players

Fox Run Management L.L.C.

An institutional investment firm that manages a portfolio of equity and fixed-income securities.

Chord Energy Corporation

An independent exploration and production company focused on crude oil, natural gas, and natural gas liquids in the Williston Basin and Delaware Basin.

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The takeaway

The investment by Fox Run Management in Chord Energy underscores the continued appeal of oil and gas producers operating in premier U.S. shale basins, as institutional investors seek exposure to the energy sector amid ongoing market volatility.