Borr Drilling
BORR
26 hedge funds and large institutions have $28.9M invested in Borr Drilling in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 13 closing their positions.
98% more capital invested
Capital invested by funds: $14.7M → $28.9M (+$14.3M)
8.27% less ownership
Funds ownership: 16.49% → 8.22% (-8.3%)
13% less funds holding
Funds holding: 30 → 26 (-4)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
+$4.44M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$378K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$347K |
| 4 |
LCG
Luxor Capital Group
New York
|
+$288K |
| 5 |
Two Sigma Advisers
New York
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
-$4.14M |
| 2 |
PC
Pelham Capital
London,
United Kingdom
|
-$1.7M |
| 3 |
LIM
Lancaster Investment Management
London,
United Kingdom
|
-$1.28M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.1M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$645K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
F
26
Folketrygdfondet
Oslo Norway,
Norway
| – | -$4.14M | -4,269,031 | Closed |
|
|
PC
27
Pelham Capital
London,
United Kingdom
| – | -$1.7M | -1,752,086 | Closed |
|
28
Citigroup
New York
| – | -$290K | -302,211 | Closed |
|
29
Barclays
London,
United Kingdom
| – | -$147K | -78,184 | -100% |
|
30
Swiss National Bank
Zurich,
Switzerland
| – | -$72K | -75,226 | Closed |
|
|
BGIM
31
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$66K | -67,038 | Closed |
|
32
Marshall Wace
London,
United Kingdom
| – | -$55K | -57,640 | Closed |
|
|
JWM
33
Jupiter Wealth Management
Glendale,
Colorado
| – | -$33K | -21,000 | Closed |
|
|
BBVA
34
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
| – | -$19K | -20,653 | Closed |
|
|
WBC
35
Westpac Banking Corp
Sydney,
Australia
| – | -$58.6K | -5,819 | Closed |
|
36
Morgan Stanley
New York
| – | -$3K | -3,257 | Closed |
|
37
Zurich Cantonal Bank
Zurich,
Switzerland
| – | -$1K | -1,194 | Closed |
|
38
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$1K | -942 | Closed |
|
39
BlackRock
New York
| – | -$1K | -693 | Closed |
|
BORR Hedge Fund Activity: Q2 2020 in Review
26 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Borr Drilling (BORR) for Q2 2020, worth a combined $28.9M — up 98% from $14.7M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BORR and 9 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was Artemis Investment Management, adding an estimated $4.44M. The largest seller was Folketrygdfondet, exiting entirely with an estimated $4.14M sold.
- 26 institutional investors held Borr Drilling (BORR) as of Q2 2020, down from 30 in Q1 2020.
- Funds reported $28.9M of Borr Drilling stock for Q2 2020, up 98% quarter-over-quarter.
- 9 funds opened new Borr Drilling positions in Q2 2020 and 13 closed out, a net change of -4 holders.
- The largest Borr Drilling buyer in Q2 2020 was Artemis Investment Management, an estimated $4.44M added.
- The largest Borr Drilling seller in Q2 2020 was Folketrygdfondet, an estimated $4.14M sold.
Based on aggregated 13F filings for Q2 2020.