Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
55 hedge funds and large institutions have $122M invested in Independence Contract Drilling, Inc. in 2015 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 7 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
257% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 7
43% more capital invested
Capital invested by funds: $85.3M → $122M (+$36.5M)
25% more funds holding
Funds holding: 44 → 55 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMIMC
Northwestern Mutual Investment Management Company
Milwaukee,
Wisconsin
|
+$6.5M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$2.41M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.03M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$1.85M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingdon Capital Management
New York
|
-$5.04M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$1.26M |
| 3 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$921K |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$883K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$414K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| $7K | +$2.03K | +13 | +46% |
|
|
MTIP
52
Magee Thomson Investment Partners
San Diego,
California
| $4K | +$3.91K | +25 | New |
|
53
Citigroup
New York
| $3K | -$2.35K | -15 | -52% |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | – | – | – |
|
|
KCM
55
Kingdon Capital Management
New York
| – | -$5.04M | -36,125 | Closed |
|
|
BTS
56
BB&T Securities
Richmond,
Virginia
| – | -$1.26M | -905 | Closed |
|
|
PL
57
Parkwood LLC
Cleveland,
Ohio
| – | -$111K | -799 | Closed |
|
|
ARTA
58
A.R.T. Advisors
New York
| – | -$82K | -590 | Closed |
|
ICD Hedge Fund Activity: Q2 2015 in Review
55 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q2 2015, worth a combined $122M — up 43% from $85.3M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ICD positions and 4 closed out — a net gain of 11 holders — while 25 added to existing stakes and 7 trimmed.
The largest buyer was Northwestern Mutual Investment Management Company, opening a new position worth an estimated $6.5M. The largest seller was Kingdon Capital Management, exiting entirely with an estimated $5.04M sold.
- 55 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q2 2015, up from 44 in Q1 2015.
- Funds reported $122M of Independence Contract Drilling, Inc. stock for Q2 2015, up 43% quarter-over-quarter.
- 15 funds opened new Independence Contract Drilling, Inc. positions in Q2 2015 and 4 closed out, a net change of +11 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q2 2015 was Northwestern Mutual Investment Management Company, an estimated $6.5M added.
- The largest Independence Contract Drilling, Inc. seller in Q2 2015 was Kingdon Capital Management, an estimated $5.04M sold.
Based on aggregated 13F filings for Q2 2015.