Borr Drilling
BORR
121 hedge funds and large institutions have $660M invested in Borr Drilling in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
12% more capital invested
Capital invested by funds: $588M → $660M (+$72.1M)
9% more funds holding
Funds holding: 111 → 121 (+10)
3.14% more ownership
Funds ownership: 34.21% → 37.35% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
14% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 44
52% less call options, than puts
Call options by funds: $2.34M | Put options by funds: $4.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
+$19.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$15M |
| 3 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
+$12.7M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$11.9M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$9.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Numerai
San Francisco,
California
|
-$3.49M |
| 2 |
Renaissance Technologies
New York
|
-$3.45M |
| 3 |
Legal & General Group
London,
United Kingdom
|
-$3.03M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
-$2.48M |
| 5 |
OFCM
One Fin Capital Management
San Francisco,
California
|
-$2.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
126
Quadrature Capital
London,
United Kingdom
| – | -$249K | -33,096 | Closed |
|
|
SSA
127
Schonfeld Strategic Advisors
New York
| – | -$107K | -14,200 | Closed |
|
|
AC
128
AXQ Capital
Jersey City,
New Jersey
| – | -$107K | -14,146 | Closed |
|
|
AIM
129
Aigen Investment Management
New York
| – | -$79.5K | -10,555 | Closed |
|
130
Group One Trading
Chicago,
Illinois
| – | -$49.4K | -6,490 | Closed |
|
131
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$14.4K | -1,908 | Closed |
|
|
AF
132
Allworth Financial
Folsom,
California
| – | -$339 | -45 | Closed |
|
|
C
133
Covestor
London,
United Kingdom
| – | -$15 | -2 | -9% |
|
BORR Hedge Fund Activity: Q3 2023 in Review
121 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Borr Drilling (BORR) for Q3 2023, worth a combined $660M — up 12% from $588M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BORR positions and 12 closed out — a net gain of 11 holders — while 38 added to existing stakes and 44 trimmed.
The largest buyer was Marshall Wace, adding an estimated $19.3M. The largest seller was Numerai, cutting an estimated $3.49M.
- 121 institutional investors held Borr Drilling (BORR) as of Q3 2023, up from 111 in Q2 2023.
- Funds reported $660M of Borr Drilling stock for Q3 2023, up 12% quarter-over-quarter.
- 23 funds opened new Borr Drilling positions in Q3 2023 and 12 closed out, a net change of +11 holders.
- The largest Borr Drilling buyer in Q3 2023 was Marshall Wace, an estimated $19.3M added.
- The largest Borr Drilling seller in Q3 2023 was Numerai, an estimated $3.49M sold.
Based on aggregated 13F filings for Q3 2023.