Diamond Offshore Drilling
DO
DO was delisted on the 24th of April, 2020.
240 hedge funds and large institutions have $2.96B invested in Diamond Offshore Drilling in 2018 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 53 increasing their positions, 98 reducing their positions, and 40 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
4.13% less ownership
Funds ownership: 111.77% → 107.64% (-4.1%)
7% less funds holding
Funds holding: 257 → 240 (-17)
24% less call options, than puts
Call options by funds: $17.8M | Put options by funds: $23.3M
35% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 40
46% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 98
53% less capital inflows, than outflows
Capital inflows: $95.3M | Capital outflows: $204M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.9M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$16.2M |
| 3 |
Arosa Capital Management
Miami Beach,
Florida
|
+$9.19M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.78M |
| 5 |
Glacier Peak Capital
Bellevue,
Washington
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Contrarius Investment Management
St. Helier,
Jersey
|
-$55.9M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$40.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.7M |
| 4 |
Orbis Allan Gray
Hamilton,
Bermuda
|
-$8.46M |
| 5 |
VanEck Associates
New York
|
-$7.93M |
DO Hedge Fund Activity: Q3 2018 in Review
240 of the 4,392 institutional investors tracked by Wall St. Rank reported a position in Diamond Offshore Drilling (DO) for Q3 2018, worth a combined $2.96B — down 7.6% from $3.2B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of DO and 26 opened new positions — a net loss of 14 holders — while 98 trimmed existing stakes and 53 added.
The largest buyer was Fidelity Investments, adding an estimated $30.9M. The largest seller was Contrarius Investment Management, cutting an estimated $55.9M.
- 240 institutional investors held Diamond Offshore Drilling (DO) as of Q3 2018, down from 257 in Q2 2018.
- Funds reported $2.96B of Diamond Offshore Drilling stock for Q3 2018, down 7.6% quarter-over-quarter.
- 26 funds opened new Diamond Offshore Drilling positions in Q3 2018 and 40 closed out, a net change of -14 holders.
- The largest Diamond Offshore Drilling buyer in Q3 2018 was Fidelity Investments, an estimated $30.9M added.
- The largest Diamond Offshore Drilling seller in Q3 2018 was Contrarius Investment Management, an estimated $55.9M sold.
Based on aggregated 13F filings for Q3 2018.