Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
64 hedge funds and large institutions have $54.7M invested in Independence Contract Drilling, Inc. in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 21 reducing their positions, and 13 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 21
12% less funds holding
Funds holding: 73 → 64 (-9)
20% less capital invested
Capital invested by funds: $68.4M → $54.7M (-$13.6M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Nokomis Capital
Dallas,
Texas
|
+$642K |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$441K |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
+$303K |
| 4 |
BlackRock
New York
|
+$82.7K |
| 5 |
Bank of New York Mellon
New York
|
+$79.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Axar Capital Management
New York
|
-$1.16M |
| 2 |
FFH
Fairfax Financial Holdings
Toronto,
Ontario, Canada
|
-$952K |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$223K |
| 4 |
RA
Royce & Associates
New York
|
-$201K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$192K |
ICD Hedge Fund Activity: Q4 2019 in Review
64 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q4 2019, worth a combined $54.7M — down 20% from $68.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ICD and 7 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 21 added.
The largest buyer was Nokomis Capital, adding an estimated $642K. The largest seller was Axar Capital Management, exiting entirely with an estimated $1.16M sold.
- 64 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q4 2019, down from 73 in Q3 2019.
- Funds reported $54.7M of Independence Contract Drilling, Inc. stock for Q4 2019, down 20% quarter-over-quarter.
- 7 funds opened new Independence Contract Drilling, Inc. positions in Q4 2019 and 13 closed out, a net change of -6 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q4 2019 was Nokomis Capital, an estimated $642K added.
- The largest Independence Contract Drilling, Inc. seller in Q4 2019 was Axar Capital Management, an estimated $1.16M sold.
Based on aggregated 13F filings for Q4 2019.