Diamond Offshore Drilling
DO
DO was delisted on the 24th of April, 2020.
208 hedge funds and large institutions have $1.64B invested in Diamond Offshore Drilling in 2019 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 71 increasing their positions, 62 reducing their positions, and 48 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
19% more capital invested
Capital invested by funds: $1.38B → $1.64B (+$261M)
15% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 62
9% less funds holding
Funds holding: 228 → 208 (-20)
40% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 48
51% less call options, than puts
Call options by funds: $8.57M | Put options by funds: $17.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$40.6M |
| 2 |
BlackRock
New York
|
+$22.4M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$15.5M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$11.1M |
| 5 |
MAM
Majedie Asset Management
London,
United Kingdom
|
+$9.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$11.7M |
| 2 |
Bank of New York Mellon
New York
|
-$6.27M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.63M |
| 4 |
VanEck Associates
New York
|
-$5.42M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$4.6M |
DO Hedge Fund Activity: Q1 2019 in Review
208 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Diamond Offshore Drilling (DO) for Q1 2019, worth a combined $1.64B — up 19% from $1.38B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of DO and 29 opened new positions — a net loss of 19 holders — while 62 trimmed existing stakes and 71 added.
The largest buyer was Contrarius Investment Management, adding an estimated $40.6M. The largest seller was Canada Life, cutting an estimated $11.7M.
- 208 institutional investors held Diamond Offshore Drilling (DO) as of Q1 2019, down from 228 in Q4 2018.
- Funds reported $1.64B of Diamond Offshore Drilling stock for Q1 2019, up 19% quarter-over-quarter.
- 29 funds opened new Diamond Offshore Drilling positions in Q1 2019 and 48 closed out, a net change of -19 holders.
- The largest Diamond Offshore Drilling buyer in Q1 2019 was Contrarius Investment Management, an estimated $40.6M added.
- The largest Diamond Offshore Drilling seller in Q1 2019 was Canada Life, an estimated $11.7M sold.
Based on aggregated 13F filings for Q1 2019.