Here's the $37 Million Energy Bet That One Fund Dumped as Shares Sit 50% Below Last Year's Highs
Chord Energy (US:CHRD) The Motley Fool·2025-12-25 18:10When a fund that lives and breathes energy exposure heads for the exits, it’s worth asking whether this is discipline at work or a warning flare investors shouldn’t ignore.As of September 30, New York City-based SIR Capital Management reported in an SEC filing that it sold its entire position in Chord Energy Corporation (CHRD), representing a $36.57 million reduction.What HappenedSIR Capital Management reported a complete exit from its holding in Chord Energy Corporation (CHRD +0.14%), according to a filing ...