Diamondback Energy Institutional Holdings Shift in Q1

Peterson Wealth Services reduced its stake in Diamondback Energy, Inc. by 67.2% during the first quarter, selling 16,117 shares and ending the period with 7,856 shares valued at about $1.55 million. In the same quarter, WealthShield Partners LLC acquired a new position of 16,768 shares, worth roughly $3.32 million. Other investors also adjusted their holdings, with several firms buying modest positions and hedge funds collectively owning about 90% of the company's stock. Diamondback Energy reported first‑quarter earnings of $4.23 per share on revenue of $4.24 billion, beating analyst expectations.