Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
34 hedge funds and large institutions have $3.29M invested in Independence Contract Drilling, Inc. in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 30 closing their positions.
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
47% less funds holding
Funds holding: 64 → 34 (-30)
90% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 30
94% less capital invested
Capital invested by funds: $54.7M → $3.29M (-$51.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$287K |
| 2 |
State Street
Boston,
Massachusetts
|
+$282K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$62.8K |
| 4 |
MAM
Marquette Asset Management
Minneapolis,
Minnesota
|
+$55.2K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$48.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$1.78M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
-$1.14M |
| 3 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$964K |
| 4 |
RA
Royce & Associates
New York
|
-$876K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$493K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
VOYA Investment Management
Atlanta,
Georgia
| – | -$34K | -1,713 | Closed |
|
52
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$27K | -1,353 | Closed |
|
|
FCM
53
Fortis Capital Management
Bellevue,
Washington
| – | -$21K | -1,050 | Closed |
|
54
AllianceBernstein
Nashville,
Tennessee
| – | -$21K | -1,030 | Closed |
|
|
RC
55
RBF Capital
San Francisco,
California
| – | -$20K | -1,025 | Closed |
|
56
D.E. Shaw & Co
New York
| – | -$18K | -878 | Closed |
|
57
Prudential Financial
Newark,
New Jersey
| – | -$14K | -725 | Closed |
|
58
BNP Paribas Financial Markets
Paris,
France
| – | -$11.2K | -563 | Closed |
|
59
Citadel Advisors
Miami,
Florida
| – | -$11K | -552 | Closed |
|
60
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6K | -305 | Closed |
|
|
MAM
61
Meeder Asset Management
Dublin,
Ohio
| – | -$5K | -229 | Closed |
|
|
OSAM
62
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$3K | -134 | Closed |
|
|
EI
63
Ellevest Inc
New York
| – | -$1K | -33 | Closed |
|
|
AIP
64
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$10 | -1 | -0.9% |
|
ICD Hedge Fund Activity: Q1 2020 in Review
34 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q1 2020, worth a combined $3.29M — down 94% from $54.7M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ICD and 3 opened new positions — a net loss of 27 holders — while 16 trimmed existing stakes and 10 added.
The largest buyer was Renaissance Technologies, adding an estimated $287K. The largest seller was Federated Hermes, exiting entirely with an estimated $1.78M sold.
- 34 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q1 2020, down from 64 in Q4 2019.
- Funds reported $3.29M of Independence Contract Drilling, Inc. stock for Q1 2020, down 94% quarter-over-quarter.
- 3 funds opened new Independence Contract Drilling, Inc. positions in Q1 2020 and 30 closed out, a net change of -27 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q1 2020 was Renaissance Technologies, an estimated $287K added.
- The largest Independence Contract Drilling, Inc. seller in Q1 2020 was Federated Hermes, an estimated $1.78M sold.
Based on aggregated 13F filings for Q1 2020.