Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
74 hedge funds and large institutions have $113M invested in Independence Contract Drilling, Inc. in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 22 reducing their positions, and 9 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $119M → $113M (-$5.84M)
3% less funds holding
Funds holding: 76 → 74 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.15M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$530K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$473K |
| 4 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
+$384K |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.74M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.19M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$841K |
| 4 |
SCM
SIR Capital Management
New York
|
-$829K |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$664K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
76
SIR Capital Management
New York
| – | -$829K | -10,658 | Closed |
|
|
ACG
77
Anchorage Capital Group
New York
| – | -$496K | -6,375 | Closed |
|
|
NIM
78
Needham Investment Management
New York
| – | -$165K | -2,125 | Closed |
|
|
PL
79
Parkwood LLC
Cleveland,
Ohio
| – | -$85K | -1,091 | Closed |
|
80
AQR Capital Management
Greenwich,
Connecticut
| – | -$64K | -819 | Closed |
|
81
Squarepoint
New York
| – | -$60K | -770 | Closed |
|
82
Prudential Financial
Newark,
New Jersey
| – | -$51K | -653 | Closed |
|
|
PAM
83
Panagora Asset Management
Boston,
Massachusetts
| – | -$2K | -22 | Closed |
|
84
Citigroup
New York
| – | +$71 | +1 | +25% |
|
ICD Hedge Fund Activity: Q3 2017 in Review
74 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q3 2017, worth a combined $113M — down 4.9% from $119M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ICD and 7 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 29 added.
The largest buyer was Fidelity Investments, adding an estimated $2.15M. The largest seller was Putnam Investments, exiting entirely with an estimated $2.74M sold.
- 74 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q3 2017, down from 76 in Q2 2017.
- Funds reported $113M of Independence Contract Drilling, Inc. stock for Q3 2017, down 4.9% quarter-over-quarter.
- 7 funds opened new Independence Contract Drilling, Inc. positions in Q3 2017 and 9 closed out, a net change of -2 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q3 2017 was Fidelity Investments, an estimated $2.15M added.
- The largest Independence Contract Drilling, Inc. seller in Q3 2017 was Putnam Investments, an estimated $2.74M sold.
Based on aggregated 13F filings for Q3 2017.