Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
73 hedge funds and large institutions have $68.4M invested in Independence Contract Drilling, Inc. in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 13 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
10% less funds holding
Funds holding: 81 → 73 (-8)
24% less capital invested
Capital invested by funds: $90.2M → $68.4M (-$21.8M)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
+$2.57M |
| 2 |
FFH
Fairfax Financial Holdings
Toronto,
Ontario, Canada
|
+$515K |
| 3 |
Goldman Sachs
New York
|
+$421K |
| 4 |
GPC
Glacier Peak Capital
Bellevue,
Washington
|
+$300K |
| 5 |
Renaissance Technologies
New York
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$2.37M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$938K |
| 3 |
RA
Royce & Associates
New York
|
-$515K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$448K |
| 5 |
D.E. Shaw & Co
New York
|
-$408K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Squarepoint
New York
| – | -$58K | -1,850 | Closed |
|
77
SG Americas Securities
New York
| – | -$56K | -1,777 | Closed |
|
|
BRF
78
B. Riley Financial
Los Angeles,
California
| – | -$55K | -1,750 | Closed |
|
|
VF
79
Virtu Financial
New York
| – | -$40K | -1,269 | Closed |
|
|
SFM
80
Systematic Financial Management
Teaneck,
New Jersey
| – | -$22K | -706 | Closed |
|
|
ARTA
81
A.R.T. Advisors
New York
| – | -$22K | -704 | Closed |
|
|
QCG
82
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$7K | -223 | Closed |
|
83
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$2K | -73 | Closed |
|
|
PCP
84
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -22 | Closed |
|
85
Simplex Trading
Chicago,
Illinois
| – | +$52 | +2 | +40% |
|
ICD Hedge Fund Activity: Q3 2019 in Review
73 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q3 2019, worth a combined $68.4M — down 24% from $90.2M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ICD and 5 opened new positions — a net loss of 8 holders — while 20 trimmed existing stakes and 24 added.
The largest buyer was Nokomis Capital, opening a new position worth an estimated $2.57M. The largest seller was Jennison Associates, exiting entirely with an estimated $2.37M sold.
- 73 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q3 2019, down from 81 in Q2 2019.
- Funds reported $68.4M of Independence Contract Drilling, Inc. stock for Q3 2019, down 24% quarter-over-quarter.
- 5 funds opened new Independence Contract Drilling, Inc. positions in Q3 2019 and 13 closed out, a net change of -8 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q3 2019 was Nokomis Capital, an estimated $2.57M added.
- The largest Independence Contract Drilling, Inc. seller in Q3 2019 was Jennison Associates, an estimated $2.37M sold.
Based on aggregated 13F filings for Q3 2019.