Borr Drilling
BORR
136 hedge funds and large institutions have $742M invested in Borr Drilling in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 17 closing their positions.
82% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 17
41% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 37
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more funds holding
Funds holding: 123 → 136 (+13)
2% more ownership
Funds ownership: 40.61% → 42.6% (+2%)
1% less capital invested
Capital invested by funds: $748M → $742M (-$5.21M)
79% less call options, than puts
Call options by funds: $616K | Put options by funds: $2.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$30.2M |
| 2 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
+$7.87M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.21M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.03M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$5.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$8.3M |
| 2 |
Barclays
London,
United Kingdom
|
-$6.32M |
| 3 |
Morgan Stanley
New York
|
-$5.35M |
| 4 |
GCM
GeoSphere Capital Management
Miami Beach,
Florida
|
-$5.15M |
| 5 |
JP Morgan Chase
New York
|
-$3.04M |
BORR Hedge Fund Activity: Q1 2024 in Review
136 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Borr Drilling (BORR) for Q1 2024, worth a combined $742M — down 0.7% from $748M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new BORR positions and 17 closed out — a net gain of 14 holders — while 52 added to existing stakes and 37 trimmed.
The largest buyer was Capital International Investors, adding an estimated $30.2M. The largest seller was BlackRock, cutting an estimated $8.3M.
- 136 institutional investors held Borr Drilling (BORR) as of Q1 2024, up from 123 in Q4 2023.
- Funds reported $742M of Borr Drilling stock for Q1 2024, down 0.7% quarter-over-quarter.
- 31 funds opened new Borr Drilling positions in Q1 2024 and 17 closed out, a net change of +14 holders.
- The largest Borr Drilling buyer in Q1 2024 was Capital International Investors, an estimated $30.2M added.
- The largest Borr Drilling seller in Q1 2024 was BlackRock, an estimated $8.3M sold.
Based on aggregated 13F filings for Q1 2024.