Moran Wealth Management Boosts Diamondback Energy Holdings

Institutional investor increases stake in oil and gas company by nearly 50%

Apr. 19, 2026 at 10:18am

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An extreme close-up of industrial oil and gas equipment, including pipes, valves, and machinery, conveying the physical scale and complexity of Diamondback Energy's operations in the Permian Basin.Moran Wealth Management's increased investment in Diamondback Energy reflects growing institutional confidence in the company's ability to capitalize on opportunities in the Permian Basin.Midland Today

Moran Wealth Management LLC, an institutional investor, has increased its stake in Diamondback Energy, Inc. (NASDAQ:FANG) by 46.6% in the fourth quarter, according to a recent SEC filing. The firm now owns 47,596 shares of the oil and natural gas company's stock, valued at $7.16 million.

Why it matters

This investment move by Moran Wealth Management reflects growing institutional confidence in Diamondback Energy's prospects, as the company continues to focus on development, exploration, and production of unconventional resources in the Permian Basin region of West Texas and New Mexico.

The details

Moran Wealth Management's increased stake in Diamondback Energy comes as other hedge funds and institutional investors have also been buying shares of the company. In the third quarter, Commerzbank Aktiengesellschaft FI raised its position by 233.9%, while Mirae Asset Global Investments Co. Ltd. increased its holdings by 9.6%. Massachusetts Financial Services Co. MA, a major institutional investor, also added 122,921 shares, representing a 9.7% increase in its Diamondback Energy holdings.

  • Moran Wealth Management increased its stake in Diamondback Energy during the fourth quarter of 2025.
  • The SEC filing disclosing the increased holdings was made on April 19, 2026.

The players

Moran Wealth Management LLC

An institutional investor that has increased its stake in Diamondback Energy, Inc. by 46.6% in the fourth quarter.

Diamondback Energy, Inc.

An independent oil and natural gas company focused on the development, exploration and production of unconventional resources in the Permian Basin.

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The takeaway

Moran Wealth Management's increased investment in Diamondback Energy reflects growing institutional confidence in the company's ability to capitalize on opportunities in the Permian Basin, one of the most prolific oil and gas producing regions in the United States.