Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
84 hedge funds and large institutions have $158M invested in Independence Contract Drilling, Inc. in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 8 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 18
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
4% less capital invested
Capital invested by funds: $165M → $158M (-$6.73M)
1% less funds holding
Funds holding: 85 → 84 (-1)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
MSD Capital
New York
|
+$14.5M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$3.12M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$1.96M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.24M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$542K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$7.28M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$471K |
| 3 |
NPGCU
Napier Park Global Capital (US)
New York
|
-$332K |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$329K |
| 5 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$327K |
ICD Hedge Fund Activity: Q1 2019 in Review
84 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q1 2019, worth a combined $158M — down 4.1% from $165M a quarter earlier.
Fund positioning in ICD was balanced in Q1 2019: 8 funds opened new positions, 8 closed out, 33 added to existing stakes and 18 trimmed.
The largest buyer was MSD Capital, opening a new position worth an estimated $14.5M. The largest seller was Capital Research Global Investors, cutting an estimated $7.28M.
- 84 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q1 2019, down from 85 in Q4 2018.
- Funds reported $158M of Independence Contract Drilling, Inc. stock for Q1 2019, down 4.1% quarter-over-quarter.
- 8 funds opened new Independence Contract Drilling, Inc. positions in Q1 2019 and 8 closed out, a net change of 0 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q1 2019 was MSD Capital, an estimated $14.5M added.
- The largest Independence Contract Drilling, Inc. seller in Q1 2019 was Capital Research Global Investors, an estimated $7.28M sold.
Based on aggregated 13F filings for Q1 2019.