Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
51 hedge funds and large institutions have $69.8M invested in Independence Contract Drilling, Inc. in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 7 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 55 → 51 (-4)
43% less capital invested
Capital invested by funds: $122M → $69.8M (-$52.1M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$2.13M |
| 2 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
+$888K |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$329K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$271K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$677K |
| 2 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$617K |
| 3 |
JP Morgan Chase
New York
|
-$354K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$270K |
| 5 |
Two Sigma Investments
New York
|
-$145K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
51
Penn Capital Management
Philadelphia,
Pennsylvania
| – | -$126K | -708 | Closed |
|
52
Barclays
London,
United Kingdom
| – | -$16.7K | -122 | -97% |
|
53
Invesco
Atlanta,
Georgia
| – | -$22K | -122 | Closed |
|
54
Wells Fargo
San Francisco,
California
| – | -$5.05K | -37 | -90% |
|
55
Citigroup
New York
| – | -$1.78K | -13 | -93% |
|
56
Fifth Third Bancorp
Cincinnati,
Ohio
| – | +$273 | +2 | New |
|
ICD Hedge Fund Activity: Q3 2015 in Review
51 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q3 2015, worth a combined $69.8M — down 43% from $122M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ICD and 3 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 17 added.
The largest buyer was Adage Capital Partners, adding an estimated $2.13M. The largest seller was Fidelity Investments, cutting an estimated $677K.
- 51 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q3 2015, down from 55 in Q2 2015.
- Funds reported $69.8M of Independence Contract Drilling, Inc. stock for Q3 2015, down 43% quarter-over-quarter.
- 3 funds opened new Independence Contract Drilling, Inc. positions in Q3 2015 and 7 closed out, a net change of -4 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q3 2015 was Adage Capital Partners, an estimated $2.13M added.
- The largest Independence Contract Drilling, Inc. seller in Q3 2015 was Fidelity Investments, an estimated $677K sold.
Based on aggregated 13F filings for Q3 2015.