Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
34 hedge funds and large institutions have $17.4M invested in Independence Contract Drilling, Inc. in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 0 closing their positions.
137% more capital invested
Capital invested by funds: $7.34M → $17.4M (+$10M)
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
42% more funds holding
Funds holding: 24 → 34 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
MSD Partners
New York
|
+$2.69M |
| 2 |
GCM
Glendon Capital Management
Santa Monica,
California
|
+$2.23M |
| 3 |
Two Sigma Investments
New York
|
+$461K |
| 4 |
SDIC
South Dakota Investment Council
Sioux Falls,
South Dakota
|
+$389K |
| 5 |
Two Sigma Advisers
New York
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$74.3K |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
-$7.87K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.14K |
| 4 |
JP Morgan Chase
New York
|
-$4 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $4K | +$5.12K | +1,300 | New |
|
27
Morgan Stanley
New York
| $3K | +$1.83K | +465 | +165% |
|
28
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $1K | – | – | – |
|
29
Fidelity Investments
Boston,
Massachusetts
| $1K | +$571 | +145 | New |
|
30
Citigroup
New York
| $1K | +$1.38K | +350 | New |
|
|
31
UBS Group
Zurich,
Switzerland
| – | -$2.14K | -543 | -82% |
|
|
32
JP Morgan Chase
New York
| – | -$4 | -1 | -33% |
|
|
GWS
33
Glassman Wealth Services
Vienna,
Virginia
| – | +$67 | +17 | New |
|
ICD Hedge Fund Activity: Q1 2022 in Review
34 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q1 2022, worth a combined $17.4M — up 137% from $7.34M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ICD positions and 0 closed out — a net gain of 10 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was MSD Partners, adding an estimated $2.69M. The largest seller was Millennium Management, cutting an estimated $74.3K.
- 34 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q1 2022, up from 24 in Q4 2021.
- Funds reported $17.4M of Independence Contract Drilling, Inc. stock for Q1 2022, up 137% quarter-over-quarter.
- 10 funds opened new Independence Contract Drilling, Inc. positions in Q1 2022 and 0 closed out, a net change of +10 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q1 2022 was MSD Partners, an estimated $2.69M added.
- The largest Independence Contract Drilling, Inc. seller in Q1 2022 was Millennium Management, an estimated $74.3K sold.
Based on aggregated 13F filings for Q1 2022.