Borr Drilling
BORR
123 hedge funds and large institutions have $748M invested in Borr Drilling in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 38 reducing their positions, and 21 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
13% more capital invested
Capital invested by funds: $660M → $748M (+$87.2M)
13% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 38
3.25% more ownership
Funds ownership: 37.35% → 40.61% (+3.3%)
2% more funds holding
Funds holding: 121 → 123 (+2)
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
94% less call options, than puts
Call options by funds: $315K | Put options by funds: $5.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$25.9M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$23.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.6M |
| 4 |
CII
Capital International Inc
Los Angeles,
California
|
+$14.6M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$6.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$8.71M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
-$7.81M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$7.5M |
| 4 |
BlackRock
New York
|
-$5.94M |
| 5 |
Millennium Management
New York
|
-$5.86M |
BORR Hedge Fund Activity: Q4 2023 in Review
123 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Borr Drilling (BORR) for Q4 2023, worth a combined $748M — up 13% from $660M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BORR positions and 21 closed out — a net gain of 2 holders — while 43 added to existing stakes and 38 trimmed.
The largest buyer was Fidelity International, adding an estimated $25.9M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $8.71M sold.
- 123 institutional investors held Borr Drilling (BORR) as of Q4 2023, up from 121 in Q3 2023.
- Funds reported $748M of Borr Drilling stock for Q4 2023, up 13% quarter-over-quarter.
- 23 funds opened new Borr Drilling positions in Q4 2023 and 21 closed out, a net change of +2 holders.
- The largest Borr Drilling buyer in Q4 2023 was Fidelity International, an estimated $25.9M added.
- The largest Borr Drilling seller in Q4 2023 was Portolan Capital Management, an estimated $8.71M sold.
Based on aggregated 13F filings for Q4 2023.