Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
81 hedge funds and large institutions have $90.2M invested in Independence Contract Drilling, Inc. in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 24 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 24
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
4% less funds holding
Funds holding: 84 → 81 (-3)
43% less capital invested
Capital invested by funds: $158M → $90.2M (-$67.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.94M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$808K |
| 3 |
BlackRock
New York
|
+$732K |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
+$728K |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$3.42M |
| 2 |
Jennison Associates
New York
|
-$689K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$603K |
| 4 |
Millennium Management
New York
|
-$392K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$210K |
ICD Hedge Fund Activity: Q2 2019 in Review
81 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q2 2019, worth a combined $90.2M — down 43% from $158M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ICD and 13 opened new positions — a net loss of 1 holder — while 24 trimmed existing stakes and 24 added.
The largest buyer was Fidelity Investments, adding an estimated $1.94M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $3.42M sold.
- 81 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q2 2019, down from 84 in Q1 2019.
- Funds reported $90.2M of Independence Contract Drilling, Inc. stock for Q2 2019, down 43% quarter-over-quarter.
- 13 funds opened new Independence Contract Drilling, Inc. positions in Q2 2019 and 14 closed out, a net change of -1 holder.
- The largest Independence Contract Drilling, Inc. buyer in Q2 2019 was Fidelity Investments, an estimated $1.94M added.
- The largest Independence Contract Drilling, Inc. seller in Q2 2019 was Capital Research Global Investors, an estimated $3.42M sold.
Based on aggregated 13F filings for Q2 2019.