Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
33 hedge funds and large institutions have $13.5M invested in Independence Contract Drilling, Inc. in 2022 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 34 → 33 (-1)
22% less capital invested
Capital invested by funds: $17.4M → $13.5M (-$3.91M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$551K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$437K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$125K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$115K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$105K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$815K |
| 2 |
Two Sigma Investments
New York
|
-$328K |
| 3 |
DTL
Dynamic Technology Lab
Singapore
|
-$106K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$51K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$24K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $6K | +$66 | +17 | +0.8% |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
28
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $1K | – | – | – |
|
|
DTL
29
Dynamic Technology Lab
Singapore
| – | -$106K | -25,601 | Closed |
|
|
CSS
30
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$51K | -12,400 | Closed |
|
31
Citigroup
New York
| – | -$1K | -350 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | +$109 | +28 | +23% |
|
ICD Hedge Fund Activity: Q2 2022 in Review
33 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q2 2022, worth a combined $13.5M — down 22% from $17.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ICD and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 12 added.
The largest buyer was Millennium Management, adding an estimated $551K. The largest seller was Renaissance Technologies, cutting an estimated $815K.
- 33 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q2 2022, down from 34 in Q1 2022.
- Funds reported $13.5M of Independence Contract Drilling, Inc. stock for Q2 2022, down 22% quarter-over-quarter.
- 2 funds opened new Independence Contract Drilling, Inc. positions in Q2 2022 and 3 closed out, a net change of -1 holder.
- The largest Independence Contract Drilling, Inc. buyer in Q2 2022 was Millennium Management, an estimated $551K added.
- The largest Independence Contract Drilling, Inc. seller in Q2 2022 was Renaissance Technologies, an estimated $815K sold.
Based on aggregated 13F filings for Q2 2022.