Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
78 hedge funds and large institutions have $119M invested in Independence Contract Drilling, Inc. in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
7% more capital invested
Capital invested by funds: $111M → $119M (+$7.98M)
5% more funds holding
Funds holding: 74 → 78 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teton Advisors
Rye,
New York
|
+$780K |
| 2 |
RA
Royce & Associates
New York
|
+$775K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$739K |
| 4 |
Man Group
London,
United Kingdom
|
+$710K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$527K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.64M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$2.04M |
| 3 |
Millennium Management
New York
|
-$827K |
| 4 |
VanEck Associates
New York
|
-$778K |
| 5 |
NPGCU
Napier Park Global Capital (US)
New York
|
-$605K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWL
76
Bogart Wealth LLC
Mclean,
Virginia
| $2K | – | – | – |
|
|
PIA
77
Piedmont Investment Advisors
Durham,
North Carolina
| $2K | +$2.58K | +30 | New |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| $1K | +$1.03K | +12 | New |
|
79
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$110K | -1,461 | Closed |
|
|
BFM
80
Boothbay Fund Management
New York
| – | -$49K | -650 | Closed |
|
|
CS
81
Credit Suisse
Zurich,
Switzerland
| – | -$48K | -633 | Closed |
|
ICD Hedge Fund Activity: Q2 2018 in Review
78 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q2 2018, worth a combined $119M — up 7.2% from $111M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ICD positions and 3 closed out — a net gain of 5 holders — while 29 added to existing stakes and 21 trimmed.
The largest buyer was Teton Advisors, opening a new position worth an estimated $780K. The largest seller was Fidelity Investments, cutting an estimated $2.64M.
- 78 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q2 2018, up from 74 in Q1 2018.
- Funds reported $119M of Independence Contract Drilling, Inc. stock for Q2 2018, up 7.2% quarter-over-quarter.
- 8 funds opened new Independence Contract Drilling, Inc. positions in Q2 2018 and 3 closed out, a net change of +5 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q2 2018 was Teton Advisors, an estimated $780K added.
- The largest Independence Contract Drilling, Inc. seller in Q2 2018 was Fidelity Investments, an estimated $2.64M sold.
Based on aggregated 13F filings for Q2 2018.