Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
68 hedge funds and large institutions have $144M invested in Independence Contract Drilling, Inc. in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 32 increasing their positions, 4 reducing their positions, and 7 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 4
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
110% more capital invested
Capital invested by funds: $68.8M → $144M (+$75.6M)
36% more funds holding
Funds holding: 50 → 68 (+18)
11.63% more ownership
Funds ownership: 59.08% → 70.71% (+12%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$15.1M |
| 2 |
VanEck Associates
New York
|
+$5.19M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$4.79M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.25M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$2.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Claar Advisors
New York
|
-$1.65M |
| 2 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
-$183K |
| 3 |
D.E. Shaw & Co
New York
|
-$69K |
| 4 |
SG Americas Securities
New York
|
-$69K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$53.3K |
ICD Hedge Fund Activity: Q2 2016 in Review
68 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q2 2016, worth a combined $144M — up 110% from $68.8M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ICD positions and 7 closed out — a net gain of 19 holders — while 32 added to existing stakes and 4 trimmed.
The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $15.1M. The largest seller was Claar Advisors, exiting entirely with an estimated $1.65M sold.
- 68 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q2 2016, up from 50 in Q1 2016.
- Funds reported $144M of Independence Contract Drilling, Inc. stock for Q2 2016, up 110% quarter-over-quarter.
- 26 funds opened new Independence Contract Drilling, Inc. positions in Q2 2016 and 7 closed out, a net change of +19 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q2 2016 was Capital Research Global Investors, an estimated $15.1M added.
- The largest Independence Contract Drilling, Inc. seller in Q2 2016 was Claar Advisors, an estimated $1.65M sold.
Based on aggregated 13F filings for Q2 2016.