Natixis Advisors Trims Stake in Diamondback Energy

Hedge fund reduces position in oil and gas company by 8.9% in Q3

Mar. 11, 2026 at 9:54am

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Natixis Advisors LLC, a financial services firm, reduced its position in Diamondback Energy, Inc. (NASDAQ:FANG) by 8.9% in the third quarter, according to a recent SEC filing. The firm now owns 189,134 shares of the oil and natural gas company's stock, valued at $27,065,000.

Why it matters

Diamondback Energy is a major player in the Permian Basin, one of the most prolific oil and gas producing regions in the United States. Changes in institutional ownership of the company's stock can signal shifts in investor sentiment and influence the stock price.

The details

In its 13F filing, Natixis Advisors reported selling 18,535 shares of Diamondback Energy during the third quarter. The firm now owns approximately 0.07% of the company's outstanding shares. Diamondback Energy is an independent oil and natural gas company focused on the development, exploration, and production of unconventional resources in the Permian Basin.

  • Natixis Advisors reduced its position in Diamondback Energy in the 3rd quarter of 2026.

The players

Natixis Advisors LLC

A financial services firm that reduced its position in Diamondback Energy by 8.9% in the third quarter.

Diamondback Energy, Inc.

An independent oil and natural gas company focused on the Permian Basin.

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The takeaway

The reduction in Natixis Advisors' stake in Diamondback Energy suggests a potential shift in investor sentiment towards the oil and gas company, though the overall impact on the stock price remains to be seen.