Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
27 hedge funds and large institutions have $4.66M invested in Independence Contract Drilling, Inc. in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
43% more call options, than puts
Call options by funds: $20K | Put options by funds: $14K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less funds holding
Funds holding: 30 → 27 (-3)
34% less capital invested
Capital invested by funds: $7.11M → $4.66M (-$2.45M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$17.2K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.99K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$7.41K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.6K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Tejara Capital
London,
United Kingdom
|
-$156K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$65.4K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$59.2K |
| 4 |
Bank of New York Mellon
New York
|
-$42.8K |
| 5 |
Morgan Stanley
New York
|
-$39.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $32 | +$2 | +1 | +4% |
|
|
27
Bank of New York Mellon
New York
| – | -$42.8K | -22,998 | Closed |
|
|
XT
28
XTX Topco
George Town,
Cayman Islands
| – | -$29.4K | -15,789 | Closed |
|
|
VF
29
Virtu Financial
New York
| – | -$29K | -15,710 | Closed |
|
30
Fidelity Investments
Boston,
Massachusetts
| – | -$270 | -145 | Closed |
|
31
Wells Fargo
San Francisco,
California
| – | -$188 | -101 | Closed |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$291 | +178 | +2,225% |
|
ICD Hedge Fund Activity: Q2 2024 in Review
27 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q2 2024, worth a combined $4.66M — down 34% from $7.11M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ICD and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Renaissance Technologies, adding an estimated $17.2K. The largest seller was Tejara Capital, cutting an estimated $156K.
- 27 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q2 2024, down from 30 in Q1 2024.
- Funds reported $4.66M of Independence Contract Drilling, Inc. stock for Q2 2024, down 34% quarter-over-quarter.
- 2 funds opened new Independence Contract Drilling, Inc. positions in Q2 2024 and 5 closed out, a net change of -3 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q2 2024 was Renaissance Technologies, an estimated $17.2K added.
- The largest Independence Contract Drilling, Inc. seller in Q2 2024 was Tejara Capital, an estimated $156K sold.
Based on aggregated 13F filings for Q2 2024.