Borr Drilling
BORR
30 hedge funds and large institutions have $14.7M invested in Borr Drilling in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 7 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3% more funds holding
Funds holding: 29 → 30 (+1)
4.15% less ownership
Funds ownership: 20.64% → 16.49% (-4.1%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
98% less capital invested
Capital invested by funds: $973M → $14.7M (-$958M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.92M |
| 2 |
Goldman Sachs
New York
|
+$2.52M |
| 3 |
Citigroup
New York
|
+$2.44M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$622K |
| 5 |
Barclays
London,
United Kingdom
|
+$558K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$630M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$10.8M |
| 3 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$5.09M |
| 4 |
PC
Pelham Capital
London,
United Kingdom
|
-$4.06M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$1.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
26
Artemis Investment Management
Edinburgh,
United Kingdom
| $3.79K | -$1.32M | -163,725 | -4% |
|
27
Morgan Stanley
New York
| $3K | +$26.3K | +3,257 | New |
|
28
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| $1K | – | – | – |
|
29
Zurich Cantonal Bank
Zurich,
Switzerland
| $1K | – | – | – |
|
30
BlackRock
New York
| $1K | +$5.61K | +693 | New |
|
|
31
Schroder Investment Management Group
London,
United Kingdom
| – | -$630M | -4,155,712 | Closed |
|
|
32
Fidelity International
Hamilton,
Bermuda
| – | -$10.8M | -623,977 | Closed |
|
|
EGA
33
Evermore Global Advisors
Summit,
New Jersey
| – | -$5.09M | -281,450 | Closed |
|
34
Millennium Management
New York
| – | -$496K | -27,405 | Closed |
|
35
Citadel Advisors
Miami,
Florida
| – | -$369K | -20,402 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$11K | -588 | Closed |
|
|
S
37
SignatureFD
Atlanta,
Georgia
| – | -$1K | -31 | Closed |
|
BORR Hedge Fund Activity: Q1 2020 in Review
30 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Borr Drilling (BORR) for Q1 2020, worth a combined $14.7M — down 98% from $973M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BORR positions and 7 closed out — a net gain of 1 holder — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Credit Suisse, adding an estimated $2.92M. The largest seller was Schroder Investment Management Group, exiting entirely with an estimated $630M sold.
- 30 institutional investors held Borr Drilling (BORR) as of Q1 2020, up from 29 in Q4 2019.
- Funds reported $14.7M of Borr Drilling stock for Q1 2020, down 98% quarter-over-quarter.
- 8 funds opened new Borr Drilling positions in Q1 2020 and 7 closed out, a net change of +1 holder.
- The largest Borr Drilling buyer in Q1 2020 was Credit Suisse, an estimated $2.92M added.
- The largest Borr Drilling seller in Q1 2020 was Schroder Investment Management Group, an estimated $630M sold.
Based on aggregated 13F filings for Q1 2020.