Pampa Energia SA (PAM) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Pampa Energia SA (PAM) following the 2026 Q2 hedge fund 13F filings?

As of today, PAM has moved +0.4% since the 2026 Q2 13F filing date (August 14, 2026), compared to -2.1% for the XLI sector ETF — an outperformance of +2.5%. Since the quarter end (June 30, 2026), PAM gained -3.5% vs -1.4% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Pampa Energia SA (PAM)

87 + Investors. Track Smart Money conviction in PAM. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — PAM

Based on 87 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added PAM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

📊

High ownership — 78% of 3.0Y peak

78% of all-time peak

87 funds currently hold this stock — 78% of the 3.0-year high of 111 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

📉

Outflows — 14% fewer funds vs a year ago

fund count last 6Q

14 fewer hedge funds hold PAM compared to a year ago (-14% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.

🟡

Slight buying edge — 51% buying

45 buying44 selling

Last quarter: 45 funds bought or added vs 44 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

➡️

Steady new buyers — ~20 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 19 → 9 → 22 → 20. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔒

47% of holders stayed for 2+ years

■ 47% conviction (2yr+) ■ 26% medium ■ 26% new

41 out of 87 hedge funds have held PAM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

💎

Buying through price weakness — shares +26%, value +3%

Value

+3%

+26%

Last quarter: funds added +26% more shares while total portfolio value only changed +3%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

📈

Growing discovery — still being found

15 → 19 → 9 → 22 → 20 new funds/Q

New funds entering each quarter: 19 → 9 → 22 → 20. A growing number of institutions are discovering PAM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 65% veterans vs 24% newcomers

■ 65% veterans ■ 12% 1-2yr ■ 24% new

Entry-cohort mix of 93 holders: 60 (65%) are 2+ year veterans, 11 entered 1–2 years ago, and 22 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

📋

Smaller funds dominant — 19% AUM from top-100

19% from top-100 AUM funds

19 of 86 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

2.6

out of 10

Low Exit Risk

Exit risk score 2.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	87	87	-
13F Shares	5M	6M	-14.89%
Total Value	$441M	$452M	-2.43%
New Positions	21	20	+1
Increased Positions	29	24	+5
Closed Positions	20	17	+3
Reduced Positions	22	25	-3
Total Calls	3	4	-25.0%
Total Puts	3	3	-
PUT/CALL Ratio	1.0	0.75	Neutral

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

13F Shares

-14.89%

Total Value

$441M

$452M

-2.43%

New Positions

Increased Positions

Closed Positions

Reduced Positions

-3

Total Calls

-25.0%

Total Puts

PUT/CALL Ratio

1.0

0.75

Neutral

Institutional Holders (2026 Q2)

87 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PAM. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 PAM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Fundamenta Capital S.A.	10.46%	219,498	$18.0M
2	Ping Capital Management, INC.	7.54%	368,000	$30.2M
3	Vennlight Capital Management, LP	5.31%	96,417	$7.9M
4	ABS Investment Management LLC	5.18%	77,660	$8.3M
5	ABS Direct Equity Fund LLC	5.18%	77,660	$8.3M
6	SPX Gestao de Recursos Ltda	5.01%	547,637	$45.0M
7	Zeno Equity Partners LLP	3.44%	112,816	$9.3M
8	Wexford Capital LP	2.28%	216,978	$17.8M
9	VR Advisory Services Ltd	1.69%	232,138	$19.1M
10	Seldon Capital LP	1.38%	53,631	$4.4M
11	Connective Portfolio Management, LLC	0.96%	7,000	$575K
12	Wealth High Governance Asset Management Ltda.	0.87%	54,924	$4.9M
13	LWM Advisory Services, LLC	0.60%	4,071	$334K
14	Yorktown Management & Research Co Inc	0.36%	7,200	$591K
15	Chesapeake Asset Management LLC	0.31%	11,202	$403K
16	Itau Unibanco Holding S.A.	0.31%	195,918	$16.1M
17	PointState Capital LP	0.28%	271,221	$22.3M
18	Deltec Asset Management LLC	0.25%	20,688	$1.7M
19	Discovery Capital Management, LLC / Ct	0.22%	65,200	$5.4M
20	Glenorchy Capital Ltd	0.20%	65,655	$5.4M
21	R Squared Ltd	0.16%	3,793	$312K
22	Titan Global Capital Management USA LLC	0.15%	13,910	$1.1M
23	Candriam S.C.A.	0.06%	170,000	$13.9M
24	Guardian Partners Inc.	0.05%	7,000	$575K
25	Y-Intercept (Hong Kong) Ltd	0.05%	29,917	$2.5M

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Pampa Energia SA (PAM)

What does the Smart Money Trend signal show for PAM?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added PAM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PAM?

Slight buying edge — 51% buying: Last quarter: 45 funds bought or added vs 44 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PAM holders?

Smaller funds dominant — 19% AUM from top-100: 19 of 86 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held PAM?

47% of holders stayed for 2+ years: 41 out of 87 hedge funds have held PAM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Pampa Energia SA (PAM) following the 2026 Q2 hedge fund 13F filings?

As of today, PAM has moved +0.4% since the 2026 Q2 13F filing date (August 14, 2026), compared to -2.1% for the XLI sector ETF — an outperformance of +2.5%. Since the quarter end (June 30, 2026), PAM has gained -3.5% vs -1.4% for XLI. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Pampa Energia SA (PAM)

Smart Money Signals — PAM

Buying streak — 2 quarters in a row

High ownership — 78% of 3.0Y peak

Outflows — 14% fewer funds vs a year ago

Slight buying edge — 51% buying

Steady new buyers — ~20 new funds per quarter

47% of holders stayed for 2+ years

Buying through price weakness — shares +26%, value +3%

Growing discovery — still being found

Veteran-anchored — 65% veterans vs 24% newcomers

Smaller funds dominant — 19% AUM from top-100

Institutional Sentiment Summary — PAM

Hedge Fund Ownership: PAM

Market Analysis: PAM

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: PAM

Is It Too Late to Buy Pampa Energia SA (PAM) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: PAM

Statistics: PAM

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Pampa Energia SA (PAM)

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