Borr Drilling
BORR
111 hedge funds and large institutions have $588M invested in Borr Drilling in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 49 increasing their positions, 32 reducing their positions, and 15 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 32
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
5% more funds holding
Funds holding: 106 → 111 (+5)
2.29% more ownership
Funds ownership: 31.92% → 34.21% (+2.3%)
2% more capital invested
Capital invested by funds: $578M → $588M (+$10.2M)
48% less call options, than puts
Call options by funds: $2.77M | Put options by funds: $5.32M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.2M |
| 2 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
+$13M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$11M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.25M |
| 5 |
BlackRock
New York
|
+$6.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$19M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$8.36M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$4.64M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$2.86M |
| 5 |
WJWM
Williams Jones Wealth Management
New York
|
-$2.59M |
BORR Hedge Fund Activity: Q2 2023 in Review
111 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Borr Drilling (BORR) for Q2 2023, worth a combined $588M — up 1.8% from $578M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BORR positions and 15 closed out — a net gain of 5 holders — while 49 added to existing stakes and 32 trimmed.
The largest buyer was Vanguard Group, adding an estimated $17.2M. The largest seller was Encompass Capital Advisors, exiting entirely with an estimated $19M sold.
- 111 institutional investors held Borr Drilling (BORR) as of Q2 2023, up from 106 in Q1 2023.
- Funds reported $588M of Borr Drilling stock for Q2 2023, up 1.8% quarter-over-quarter.
- 20 funds opened new Borr Drilling positions in Q2 2023 and 15 closed out, a net change of +5 holders.
- The largest Borr Drilling buyer in Q2 2023 was Vanguard Group, an estimated $17.2M added.
- The largest Borr Drilling seller in Q2 2023 was Encompass Capital Advisors, an estimated $19M sold.
Based on aggregated 13F filings for Q2 2023.