Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
29 hedge funds and large institutions have $4.25M invested in Independence Contract Drilling, Inc. in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 14 reducing their positions, and 8 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
15% less funds holding
Funds holding: 34 → 29 (-5)
39% less capital invested
Capital invested by funds: $7.01M → $4.25M (-$2.75M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
64% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SSA
Schonfeld Strategic Advisors
New York
|
+$133K |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$34K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$13.1K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$11.1K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$9.83K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$82.6K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$78K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$54K |
| 4 |
EGM
Engineers Gate Manager
New York
|
-$51K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$49K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
26
Paloma Partners
Greenwich,
Connecticut
| – | -$54K | -13,864 | Closed |
|
|
EGM
27
Engineers Gate Manager
New York
| – | -$51K | -13,200 | Closed |
|
|
PPA
28
Parametric Portfolio Associates
Seattle,
Washington
| – | -$49K | -12,627 | Closed |
|
|
GCP
29
GSA Capital Partners
London,
United Kingdom
| – | -$48K | -12,328 | Closed |
|
|
TA
30
Teton Advisors
Rye,
New York
| – | -$42K | -10,750 | Closed |
|
|
RA
31
Royce & Associates
New York
| – | -$19K | -5,000 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$5.82K | -1,918 | -96% |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$4.94K | -1,628 | -91% |
|
34
JP Morgan Chase
New York
| – | -$307 | -101 | -97% |
|
35
Wells Fargo
San Francisco,
California
| – | -$109 | -36 | -55% |
|
ICD Hedge Fund Activity: Q3 2020 in Review
29 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q3 2020, worth a combined $4.25M — down 39% from $7.01M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ICD and 3 opened new positions — a net loss of 5 holders — while 14 trimmed existing stakes and 5 added.
The largest buyer was Schonfeld Strategic Advisors, opening a new position worth an estimated $133K. The largest seller was Fidelity Investments, cutting an estimated $82.6K.
- 29 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q3 2020, down from 34 in Q2 2020.
- Funds reported $4.25M of Independence Contract Drilling, Inc. stock for Q3 2020, down 39% quarter-over-quarter.
- 3 funds opened new Independence Contract Drilling, Inc. positions in Q3 2020 and 8 closed out, a net change of -5 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q3 2020 was Schonfeld Strategic Advisors, an estimated $133K added.
- The largest Independence Contract Drilling, Inc. seller in Q3 2020 was Fidelity Investments, an estimated $82.6K sold.
Based on aggregated 13F filings for Q3 2020.