Diamond Offshore Drilling
DO
DO was delisted on the 24th of April, 2020.
166 hedge funds and large institutions have $259M invested in Diamond Offshore Drilling in 2020 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 50 increasing their positions, 52 reducing their positions, and 45 closing their positions.
4% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 52
12% less funds holding
Funds holding: 189 → 166 (-23)
44% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 45
58% less call options, than puts
Call options by funds: $4.05M | Put options by funds: $9.66M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
77% less capital invested
Capital invested by funds: $1.12B → $259M (-$860M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$5.49M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.63M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.36M |
| 4 |
Two Sigma Advisers
New York
|
+$3.25M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$53.9M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$16.4M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$13.4M |
| 4 |
MNG
Manning & Napier Group
Fairport,
New York
|
-$8.42M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.86M |
DO Hedge Fund Activity: Q1 2020 in Review
166 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Diamond Offshore Drilling (DO) for Q1 2020, worth a combined $259M — down 77% from $1.12B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of DO and 25 opened new positions — a net loss of 20 holders — while 52 trimmed existing stakes and 50 added.
The largest buyer was SG Americas Securities, adding an estimated $5.49M. The largest seller was Fidelity Investments, exiting entirely with an estimated $53.9M sold.
- 166 institutional investors held Diamond Offshore Drilling (DO) as of Q1 2020, down from 189 in Q4 2019.
- Funds reported $259M of Diamond Offshore Drilling stock for Q1 2020, down 77% quarter-over-quarter.
- 25 funds opened new Diamond Offshore Drilling positions in Q1 2020 and 45 closed out, a net change of -20 holders.
- The largest Diamond Offshore Drilling buyer in Q1 2020 was SG Americas Securities, an estimated $5.49M added.
- The largest Diamond Offshore Drilling seller in Q1 2020 was Fidelity Investments, an estimated $53.9M sold.
Based on aggregated 13F filings for Q1 2020.