Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
74 hedge funds and large institutions have $111M invested in Independence Contract Drilling, Inc. in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0% more funds holding
Funds holding: 74 → 74 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $114M → $111M (-$2.63M)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFH
Fairfax Financial Holdings
Toronto,
Ontario, Canada
|
+$1.58M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$1.32M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$916K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$668K |
| 5 |
Bank of New York Mellon
New York
|
+$657K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$1.91M |
| 2 |
Jennison Associates
New York
|
-$1.41M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$859K |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$626K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$474K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Squarepoint
New York
| – | -$47K | -594 | Closed |
|
|
TSS
77
Two Sigma Securities
New York
| – | -$43K | -541 | Closed |
|
78
Parallax Volatility Advisers
San Francisco,
California
| – | -$21K | -265 | Closed |
|
ICD Hedge Fund Activity: Q1 2018 in Review
74 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q1 2018, worth a combined $111M — down 2.3% from $114M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new ICD positions and 4 closed out — a net gain of 1 holder — while 23 added to existing stakes and 27 trimmed.
The largest buyer was Fairfax Financial Holdings, opening a new position worth an estimated $1.58M. The largest seller was Capital Research Global Investors, cutting an estimated $1.91M.
- 74 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $111M of Independence Contract Drilling, Inc. stock for Q1 2018, down 2.3% quarter-over-quarter.
- 5 funds opened new Independence Contract Drilling, Inc. positions in Q1 2018 and 4 closed out, a net change of +1 holder.
- The largest Independence Contract Drilling, Inc. buyer in Q1 2018 was Fairfax Financial Holdings, an estimated $1.58M added.
- The largest Independence Contract Drilling, Inc. seller in Q1 2018 was Capital Research Global Investors, an estimated $1.91M sold.
Based on aggregated 13F filings for Q1 2018.