Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
84 hedge funds and large institutions have $161M invested in Independence Contract Drilling, Inc. in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 11 reducing their positions, and 9 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 11
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
35% more capital invested
Capital invested by funds: $119M → $161M (+$42.1M)
8% more funds holding
Funds holding: 78 → 84 (+6)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Birch Grove Capital
New York
|
+$17.6M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$854K |
| 3 |
Renaissance Technologies
New York
|
+$692K |
| 4 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
+$556K |
| 5 |
BlackRock
New York
|
+$473K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$4.37M |
| 2 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$1.94M |
| 3 |
AFS
Amtrust Financial Services
New York
|
-$1.22M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$621K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$569K |
ICD Hedge Fund Activity: Q3 2018 in Review
84 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q3 2018, worth a combined $161M — up 35% from $119M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ICD positions and 9 closed out — a net gain of 6 holders — while 33 added to existing stakes and 11 trimmed.
The largest buyer was Birch Grove Capital, opening a new position worth an estimated $17.6M. The largest seller was Man Group, exiting entirely with an estimated $4.37M sold.
- 84 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q3 2018, up from 78 in Q2 2018.
- Funds reported $161M of Independence Contract Drilling, Inc. stock for Q3 2018, up 35% quarter-over-quarter.
- 15 funds opened new Independence Contract Drilling, Inc. positions in Q3 2018 and 9 closed out, a net change of +6 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q3 2018 was Birch Grove Capital, an estimated $17.6M added.
- The largest Independence Contract Drilling, Inc. seller in Q3 2018 was Man Group, an estimated $4.37M sold.
Based on aggregated 13F filings for Q3 2018.