King Street Capital Management’s Valaris VAL Stock Holding History

King Street Capital Management’s Portfolio VAL Stock Details VAL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q2	–	Sell	-673,878	Closed	-$35M	–	45
2022 Q1	$35M	Sell	673,878 -1,271,122	-65%	-$55M	3.28%	9
2021 Q4	$70M	Sell	1,945,000 -500,000	-20%	-$17.4M	6.05%	4
2021 Q3	$85.3M	Sell	2,445,000 -844,129	-26%	-$24.2M	7.2%	2
2021 Q2	$95M	Buy	+3,289,129	New	+$82.4M	7.8%	2

Other funds holding VAL

Magnetar Financial Evanston, Illinois $11B AUM 3.37% 1-Year Est. Return

OHA

Oak Hill Advisors New York $701M AUM 78.4% 1-Year Est. Return

GAM

Goldentree Asset Management New York $1.72B AUM 1.39% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Lodbrok Capital London, United Kingdom $77.2M AUM 4.88% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $29.1B AUM 60.8% 1-Year Est. Return

CIM

Contrarius Investment Management St. Helier, Jersey $1.76B AUM 35.87% 1-Year Est. Return

LIM

Lingotto Investment Management London, United Kingdom $4.67B AUM 70.24% 1-Year Est. Return

EIM

Elliott Investment Management West Palm Beach, Florida $22.7B AUM 59.88% 1-Year Est. Return

CCA

Canyon Capital Advisors Dallas, Texas $882M AUM 62.77% 1-Year Est. Return

King Street Capital Management's VAL Position: Q2 2022 in Review

King Street Capital Management sold out of Valaris (VAL) in Q2 2022, closing a stake of 673,878 shares — an estimated $35M sold.

King Street Capital Management first reported a position in VAL in Q2 2021 and held it in 4 quarters. The position peaked at $95M in Q2 2021. 170 funds tracked by Wall St. Rank hold VAL as of Q2 2022.

King Street Capital Management reported no remaining Valaris position as of Q2 2022 after selling out during the quarter.
King Street Capital Management sold 673,878 Valaris shares in Q2 2022, an estimated $35M.
King Street Capital Management first reported a position in Valaris in Q2 2021 and held it in 4 quarters.
King Street Capital Management's Valaris position peaked at $95M in Q2 2021.
170 funds tracked by Wall St. Rank held Valaris as of Q2 2022.

Based on King Street Capital Management's 13F filing for Q2 2022, filed 15 Aug 2022.