Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
36 hedge funds and large institutions have $12.7M invested in Independence Contract Drilling, Inc. in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 3 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
9% more funds holding
Funds holding: 33 → 36 (+3)
7% more capital invested
Capital invested by funds: $11.9M → $12.7M (+$844K)
67% less call options, than puts
Call options by funds: $30K | Put options by funds: $91K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
+$404K |
| 2 |
TC
Tejara Capital
London,
United Kingdom
|
+$232K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$170K |
| 4 |
Millennium Management
New York
|
+$101K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$82.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glendon Capital Management
Santa Monica,
California
|
-$1.4M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$49K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$12.3K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.57K |
| 5 |
Two Sigma Investments
New York
|
-$2.35K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $10.1K | – | – | – |
|
27
Morgan Stanley
New York
| $10.1K | +$352 | +120 | +4% |
|
28
Barclays
London,
United Kingdom
| $5K | +$4.89K | +1,667 | New |
|
29
Fidelity Investments
Boston,
Massachusetts
| $435 | – | – | – |
|
30
Bank of America
Charlotte,
North Carolina
| $300 | +$293 | +100 | New |
|
31
Wells Fargo
San Francisco,
California
| $285 | +$32 | +11 | +13% |
|
|
CAS
32
Coppell Advisory Solutions
Coppell,
Texas
| $213 | +$100 | +34 | +110% |
|
33
Qube Research & Technologies (QRT)
London,
United Kingdom
| $150 | +$147 | +50 | New |
|
|
GWS
34
Glassman Wealth Services
Vienna,
Virginia
| $51 | – | – | – |
|
35
JP Morgan Chase
New York
| $42 | +$35 | +12 | +600% |
|
|
GCM
36
Glendon Capital Management
Santa Monica,
California
| – | -$1.4M | -511,481 | Closed |
|
37
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$278 | -95 | -62% |
|
38
UBS Group
Zurich,
Switzerland
| – | -$205 | -75 | Closed |
|
|
TRCT
39
Tower Research Capital (TRC)
New York
| – | -$128 | -47 | Closed |
|
ICD Hedge Fund Activity: Q3 2023 in Review
36 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q3 2023, worth a combined $12.7M — up 7.1% from $11.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ICD positions and 3 closed out — a net gain of 3 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was CastleKnight Management, adding an estimated $404K. The largest seller was Glendon Capital Management, exiting entirely with an estimated $1.4M sold.
- 36 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q3 2023, up from 33 in Q2 2023.
- Funds reported $12.7M of Independence Contract Drilling, Inc. stock for Q3 2023, up 7.1% quarter-over-quarter.
- 6 funds opened new Independence Contract Drilling, Inc. positions in Q3 2023 and 3 closed out, a net change of +3 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q3 2023 was CastleKnight Management, an estimated $404K added.
- The largest Independence Contract Drilling, Inc. seller in Q3 2023 was Glendon Capital Management, an estimated $1.4M sold.
Based on aggregated 13F filings for Q3 2023.