Diamond Offshore Drilling
DO
DO was delisted on the 24th of April, 2020.
193 hedge funds and large institutions have $1.4B invested in Diamond Offshore Drilling in 2019 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 62 increasing their positions, 60 reducing their positions, and 41 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 60
7% less funds holding
Funds holding: 208 → 193 (-15)
10% less call options, than puts
Call options by funds: $16.2M | Put options by funds: $18.1M
14% less capital invested
Capital invested by funds: $1.64B → $1.4B (-$233M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
27% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$50.2M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$24M |
| 3 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$17.4M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$15.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$5.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIC
Equity Investment Corp
Atlanta,
Georgia
|
-$22.8M |
| 2 |
JP Morgan Chase
New York
|
-$18.6M |
| 3 |
MNG
Manning & Napier Group
Fairport,
New York
|
-$12M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$7.77M |
| 5 |
MAM
Majedie Asset Management
London,
United Kingdom
|
-$6.86M |
DO Hedge Fund Activity: Q2 2019 in Review
193 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Diamond Offshore Drilling (DO) for Q2 2019, worth a combined $1.4B — down 14% from $1.64B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of DO and 30 opened new positions — a net loss of 11 holders — while 60 trimmed existing stakes and 62 added.
The largest buyer was Contrarius Investment Management, adding an estimated $50.2M. The largest seller was Equity Investment Corp, cutting an estimated $22.8M.
- 193 institutional investors held Diamond Offshore Drilling (DO) as of Q2 2019, down from 208 in Q1 2019.
- Funds reported $1.4B of Diamond Offshore Drilling stock for Q2 2019, down 14% quarter-over-quarter.
- 30 funds opened new Diamond Offshore Drilling positions in Q2 2019 and 41 closed out, a net change of -11 holders.
- The largest Diamond Offshore Drilling buyer in Q2 2019 was Contrarius Investment Management, an estimated $50.2M added.
- The largest Diamond Offshore Drilling seller in Q2 2019 was Equity Investment Corp, an estimated $22.8M sold.
Based on aggregated 13F filings for Q2 2019.