Diamond Offshore Drilling
DO
DO was delisted on the 24th of April, 2020.
185 hedge funds and large institutions have $850M invested in Diamond Offshore Drilling in 2019 Q3 according to their latest regulatory filings, with 31 funds opening new positions, 66 increasing their positions, 46 reducing their positions, and 38 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 46
4% less funds holding
Funds holding: 192 → 185 (-7)
18% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 38
39% less capital invested
Capital invested by funds: $1.39B → $850M (-$539M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
74% less call options, than puts
Call options by funds: $7.65M | Put options by funds: $29.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$8.49M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.94M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$3.48M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.52M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$14.7M |
| 2 |
MAM
Majedie Asset Management
London,
United Kingdom
|
-$12.2M |
| 3 |
FIM
FourPoints Investment Managers
Paris,
France
|
-$8.79M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$5.2M |
| 5 |
VanEck Associates
New York
|
-$5.12M |
DO Hedge Fund Activity: Q3 2019 in Review
185 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Diamond Offshore Drilling (DO) for Q3 2019, worth a combined $850M — down 39% from $1.39B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of DO and 31 opened new positions — a net loss of 7 holders — while 46 trimmed existing stakes and 66 added.
The largest buyer was JP Morgan Chase, adding an estimated $8.49M. The largest seller was Allianz Asset Management, cutting an estimated $14.7M.
- 185 institutional investors held Diamond Offshore Drilling (DO) as of Q3 2019, down from 192 in Q2 2019.
- Funds reported $850M of Diamond Offshore Drilling stock for Q3 2019, down 39% quarter-over-quarter.
- 31 funds opened new Diamond Offshore Drilling positions in Q3 2019 and 38 closed out, a net change of -7 holders.
- The largest Diamond Offshore Drilling buyer in Q3 2019 was JP Morgan Chase, an estimated $8.49M added.
- The largest Diamond Offshore Drilling seller in Q3 2019 was Allianz Asset Management, an estimated $14.7M sold.
Based on aggregated 13F filings for Q3 2019.