Diamond Offshore Drilling
DO
DO was delisted on the 24th of April, 2020.
236 hedge funds and large institutions have $1.65B invested in Diamond Offshore Drilling in 2017 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 96 increasing their positions, 68 reducing their positions, and 58 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 68
5% more call options, than puts
Call options by funds: $22.8M | Put options by funds: $21.7M
10% less funds holding
Funds holding: 261 → 236 (-25)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
35% less capital invested
Capital invested by funds: $2.55B → $1.65B (-$903M)
43% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$43.7M |
| 2 |
EIC
Equity Investment Corp
Atlanta,
Georgia
|
+$26.2M |
| 3 |
BlackRock
New York
|
+$22.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$14.6M |
| 5 |
PA
Pastel & Associes
Paris,
France
|
+$10M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$45.1M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$25.2M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$21.8M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$18.3M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$16.4M |
DO Hedge Fund Activity: Q2 2017 in Review
236 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Diamond Offshore Drilling (DO) for Q2 2017, worth a combined $1.65B — down 35% from $2.55B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of DO and 33 opened new positions — a net loss of 25 holders — while 68 trimmed existing stakes and 96 added.
The largest buyer was Contrarius Investment Management, adding an estimated $43.7M. The largest seller was Millennium Management, cutting an estimated $45.1M.
- 236 institutional investors held Diamond Offshore Drilling (DO) as of Q2 2017, down from 261 in Q1 2017.
- Funds reported $1.65B of Diamond Offshore Drilling stock for Q2 2017, down 35% quarter-over-quarter.
- 33 funds opened new Diamond Offshore Drilling positions in Q2 2017 and 58 closed out, a net change of -25 holders.
- The largest Diamond Offshore Drilling buyer in Q2 2017 was Contrarius Investment Management, an estimated $43.7M added.
- The largest Diamond Offshore Drilling seller in Q2 2017 was Millennium Management, an estimated $45.1M sold.
Based on aggregated 13F filings for Q2 2017.