Borr Drilling
BORR
29 hedge funds and large institutions have $973M invested in Borr Drilling in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 6 closing their positions.
72% more capital invested
Capital invested by funds: $566M → $973M (+$407M)
3.65% more ownership
Funds ownership: 16.99% → 20.64% (+3.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 30 → 29 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$54.3M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$9.04M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1.69M |
| 4 |
DC
Davenport & Co
Richmond,
Virginia
|
+$1.54M |
| 5 |
LIM
Lancaster Investment Management
London,
United Kingdom
|
+$714K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.21M |
| 2 |
CII
Capital International Inc
Los Angeles,
California
|
-$2.29M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$1.13M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$871K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$321K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| $16K | -$12.5K | -941 | -50% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $11K | -$5.83K | -438 | -43% |
|
28
Citigroup
New York
| $3K | -$34.4K | -2,585 | -94% |
|
|
S
29
SignatureFD
Atlanta,
Georgia
| $1K | +$413 | +31 | New |
|
|
30
Wellington Management Group
Boston,
Massachusetts
| – | -$6.21M | -602,678 | Closed |
|
|
CII
31
Capital International Inc
Los Angeles,
California
| – | -$2.29M | -221,570 | Closed |
|
|
BCM
32
BlueCrest Capital Management
St Helier,
Jersey
| – | -$180K | -17,462 | Closed |
|
33
Jane Street
New York
| – | -$164K | -15,878 | Closed |
|
34
Capital International Investors
Los Angeles,
California
| – | -$124K | -12,015 | Closed |
|
|
CBT
35
Capital Bank & Trust
Irvine,
California
| – | -$6K | -609 | Closed |
|
BORR Hedge Fund Activity: Q4 2019 in Review
29 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Borr Drilling (BORR) for Q4 2019, worth a combined $973M — up 72% from $566M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BORR and 5 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 7 added.
The largest buyer was Artemis Investment Management, opening a new position worth an estimated $54.3M. The largest seller was Wellington Management Group, exiting entirely with an estimated $6.21M sold.
- 29 institutional investors held Borr Drilling (BORR) as of Q4 2019, down from 30 in Q3 2019.
- Funds reported $973M of Borr Drilling stock for Q4 2019, up 72% quarter-over-quarter.
- 5 funds opened new Borr Drilling positions in Q4 2019 and 6 closed out, a net change of -1 holder.
- The largest Borr Drilling buyer in Q4 2019 was Artemis Investment Management, an estimated $54.3M added.
- The largest Borr Drilling seller in Q4 2019 was Wellington Management Group, an estimated $6.21M sold.
Based on aggregated 13F filings for Q4 2019.