Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
35 hedge funds and large institutions have $12.7M invested in Independence Contract Drilling, Inc. in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
6% more funds holding
Funds holding: 33 → 35 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $13.5M → $12.7M (-$748K)
82% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$920K |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$238K |
| 3 |
EGA
E&G Advisors
Houston,
Texas
|
+$56.1K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$55.1K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$2.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SDIC
South Dakota Investment Council
Sioux Falls,
South Dakota
|
-$310K |
| 2 |
Renaissance Technologies
New York
|
-$250K |
| 3 |
Two Sigma Advisers
New York
|
-$235K |
| 4 |
Millennium Management
New York
|
-$225K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$125K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $6K | -$3 | -1 | -0% |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
28
Barclays
London,
United Kingdom
| $1K | +$686 | +214 | New |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $1K | +$702 | +219 | New |
|
|
SDIC
30
South Dakota Investment Council
Sioux Falls,
South Dakota
| – | -$310K | -98,944 | Closed |
|
|
31
Acadian Asset Management
Boston,
Massachusetts
| – | -$125K | -40,076 | Closed |
|
32
Goldman Sachs
New York
| – | -$41K | -13,043 | Closed |
|
33
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$1K | -288 | Closed |
|
34
UBS Group
Zurich,
Switzerland
| – | -$241 | -75 | -50% |
|
35
Simplex Trading
Chicago,
Illinois
| – | +$475 | +148 | New |
|
ICD Hedge Fund Activity: Q3 2022 in Review
35 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q3 2022, worth a combined $12.7M — down 5.6% from $13.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ICD positions and 4 closed out — a net gain of 2 holders — while 2 added to existing stakes and 11 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $920K. The largest seller was South Dakota Investment Council, exiting entirely with an estimated $310K sold.
- 35 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q3 2022, up from 33 in Q2 2022.
- Funds reported $12.7M of Independence Contract Drilling, Inc. stock for Q3 2022, down 5.6% quarter-over-quarter.
- 6 funds opened new Independence Contract Drilling, Inc. positions in Q3 2022 and 4 closed out, a net change of +2 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q3 2022 was Adage Capital Partners, an estimated $920K added.
- The largest Independence Contract Drilling, Inc. seller in Q3 2022 was South Dakota Investment Council, an estimated $310K sold.
Based on aggregated 13F filings for Q3 2022.