Kite Lake Capital Management (UK)’s Valaris VAL Stock Holding History

Kite Lake Capital Management (UK)’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
2023 Q1	–	Sell	-135,000	Closed	-$9.13M	–	11
2022 Q4	$9.13M	Sell	135,000 -25,000	-16%	-$1.56M	7.54%	7
2022 Q3	$7.83M	Hold	160,000	–	–	7.86%	5
2022 Q2	$6.76M	Sell	160,000 -20,000	-11%	-$1.08M	7.47%	4
2022 Q1	$9.36M	Buy	+180,000	New	+$7.79M	7.25%	5
2021 Q4	–	Sell	-350,000	Closed	-$12.2M	–	14
2021 Q3	$12.2M	Buy	+350,000	New	+$10.1M	13.42%	3

Other funds holding VAL

OHA

Oak Hill Advisors New York $878M AUM 106.46% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

CIM

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

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

EIM

Elliott Investment Management West Palm Beach, Florida $20.1B AUM 60.76% 1-Year Est. Return

LPC

Lone Pine Capital Greenwich, Connecticut $12.5B AUM 54.4% 1-Year Est. Return

LIM

Lingotto Investment Management London, United Kingdom $5.06B AUM 91.14% 1-Year Est. Return

Kite Lake Capital Management (UK)'s VAL Position: Q1 2023 in Review

Kite Lake Capital Management (UK) sold out of Valaris (VAL) in Q1 2023, closing a stake of 135,000 shares — an estimated $9.13M sold.

Kite Lake Capital Management (UK) first reported a position in VAL in Q3 2021 and held it in 5 quarters. The position peaked at $12.2M in Q3 2021. 249 funds tracked by Wall St. Rank hold VAL as of Q1 2023.

Kite Lake Capital Management (UK) reported no remaining Valaris position as of Q1 2023 after selling out during the quarter.
Kite Lake Capital Management (UK) sold 135,000 Valaris shares in Q1 2023, an estimated $9.13M.
Kite Lake Capital Management (UK) first reported a position in Valaris in Q3 2021 and held it in 5 quarters.
Kite Lake Capital Management (UK)'s Valaris position peaked at $12.2M in Q3 2021.
249 funds tracked by Wall St. Rank held Valaris as of Q1 2023.

Based on Kite Lake Capital Management (UK)'s 13F filing for Q1 2023, filed 15 May 2023.