Borr Drilling
BORR
119 hedge funds and large institutions have $738M invested in Borr Drilling in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 58 increasing their positions, 26 reducing their positions, and 36 closing their positions.
123% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 26
2.64% more ownership
Funds ownership: 42.6% → 45.24% (+2.6%)
1% less capital invested
Capital invested by funds: $742M → $738M (-$4.48M)
13% less funds holding
Funds holding: 136 → 119 (-17)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
42% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 36
78% less call options, than puts
Call options by funds: $971K | Put options by funds: $4.36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$26.8M |
| 2 |
BlackRock
New York
|
+$12.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.53M |
| 4 |
GJL
Gendell Jeffrey L
|
+$5.13M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$7.45M |
| 2 |
LHCM
Lloyd Harbor Capital Management
Cold Spring Harbor,
New York
|
-$7.18M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$6.32M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$4.56M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$3.76M |
BORR Hedge Fund Activity: Q2 2024 in Review
119 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Borr Drilling (BORR) for Q2 2024, worth a combined $738M — down 0.6% from $742M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of BORR and 21 opened new positions — a net loss of 15 holders — while 26 trimmed existing stakes and 58 added.
The largest buyer was Fidelity International, adding an estimated $26.8M. The largest seller was Bank of Montreal, exiting entirely with an estimated $7.45M sold.
- 119 institutional investors held Borr Drilling (BORR) as of Q2 2024, down from 136 in Q1 2024.
- Funds reported $738M of Borr Drilling stock for Q2 2024, down 0.6% quarter-over-quarter.
- 21 funds opened new Borr Drilling positions in Q2 2024 and 36 closed out, a net change of -15 holders.
- The largest Borr Drilling buyer in Q2 2024 was Fidelity International, an estimated $26.8M added.
- The largest Borr Drilling seller in Q2 2024 was Bank of Montreal, an estimated $7.45M sold.
Based on aggregated 13F filings for Q2 2024.