Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
36 hedge funds and large institutions have $11M invested in Independence Contract Drilling, Inc. in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 36 → 36 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
14% less capital invested
Capital invested by funds: $12.7M → $11M (-$1.72M)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
39% less call options, than puts
Call options by funds: $17K | Put options by funds: $28K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
+$491K |
| 2 |
TC
Tejara Capital
London,
United Kingdom
|
+$245K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$103K |
| 4 |
Squarepoint
New York
|
+$19.9K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$104K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$66.4K |
| 3 |
Two Sigma Investments
New York
|
-$30K |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$16.6K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Simplex Trading
Chicago,
Illinois
| $2K | -$10.9K | -4,230 | -78% |
|
|
27
Group One Trading
Chicago,
Illinois
| $1.23K | -$16.6K | -6,444 | -93% |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $612 | -$8.01K | -3,110 | -93% |
|
29
Fidelity Investments
Boston,
Massachusetts
| $355 | – | – | – |
|
30
Wells Fargo
San Francisco,
California
| $245 | +$13 | +5 | +5% |
|
31
Qube Research & Technologies (QRT)
London,
United Kingdom
| $123 | – | – | – |
|
|
CAS
32
Coppell Advisory Solutions
Coppell,
Texas
| $76 | -$88 | -34 | -52% |
|
33
JP Morgan Chase
New York
| $47 | +$13 | +5 | +36% |
|
|
GWS
34
Glassman Wealth Services
Vienna,
Virginia
| $42 | – | – | – |
|
35
Bank of America
Charlotte,
North Carolina
| $15 | -$242 | -94 | -94% |
|
|
36
Millennium Management
New York
| – | -$104K | -34,532 | Closed |
|
|
37
Two Sigma Investments
New York
| – | -$30K | -10,000 | Closed |
|
38
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$185 | +72 | +122% |
|
ICD Hedge Fund Activity: Q4 2023 in Review
36 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q4 2023, worth a combined $11M — down 14% from $12.7M a quarter earlier.
Fund positioning in ICD was balanced in Q4 2023: 2 funds opened new positions, 2 closed out, 9 added to existing stakes and 13 trimmed.
The largest buyer was CastleKnight Management, adding an estimated $491K. The largest seller was Millennium Management, exiting entirely with an estimated $104K sold.
- 36 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $11M of Independence Contract Drilling, Inc. stock for Q4 2023, down 14% quarter-over-quarter.
- 2 funds opened new Independence Contract Drilling, Inc. positions in Q4 2023 and 2 closed out, a net change of 0 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q4 2023 was CastleKnight Management, an estimated $491K added.
- The largest Independence Contract Drilling, Inc. seller in Q4 2023 was Millennium Management, an estimated $104K sold.
Based on aggregated 13F filings for Q4 2023.