Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
50 hedge funds and large institutions have $68.4M invested in Independence Contract Drilling, Inc. in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 6 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $70.7M → $68.4M (-$2.31M)
2% less funds holding
Funds holding: 51 → 50 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$1.37M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$808K |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$337K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$270K |
| 5 |
CA
Claar Advisors
New York
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$1.41M |
| 2 |
Goldman Sachs
New York
|
-$101K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$89K |
| 4 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
-$61.1K |
| 5 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$50.6K |
ICD Hedge Fund Activity: Q1 2016 in Review
50 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q1 2016, worth a combined $68.4M — down 3.3% from $70.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ICD and 5 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 17 added.
The largest buyer was Adage Capital Partners, adding an estimated $1.37M. The largest seller was Jennison Associates, cutting an estimated $1.41M.
- 50 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q1 2016, down from 51 in Q4 2015.
- Funds reported $68.4M of Independence Contract Drilling, Inc. stock for Q1 2016, down 3.3% quarter-over-quarter.
- 5 funds opened new Independence Contract Drilling, Inc. positions in Q1 2016 and 6 closed out, a net change of -1 holder.
- The largest Independence Contract Drilling, Inc. buyer in Q1 2016 was Adage Capital Partners, an estimated $1.37M added.
- The largest Independence Contract Drilling, Inc. seller in Q1 2016 was Jennison Associates, an estimated $1.41M sold.
Based on aggregated 13F filings for Q1 2016.