Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
71 hedge funds and large institutions have $150M invested in Independence Contract Drilling, Inc. in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
4% more funds holding
Funds holding: 68 → 71 (+3)
4% more capital invested
Capital invested by funds: $144M → $150M (+$5.58M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$6.49M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.55M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$3.17M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$2.51M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$12.4M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$3.18M |
| 3 |
GP
GLG Partners
London,
United Kingdom
|
-$2.33M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.36M |
| 5 |
Renaissance Technologies
New York
|
-$701K |
ICD Hedge Fund Activity: Q3 2016 in Review
71 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q3 2016, worth a combined $150M — up 3.9% from $144M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ICD positions and 9 closed out — a net gain of 3 holders — while 29 added to existing stakes and 16 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $6.49M. The largest seller was Fidelity Investments, cutting an estimated $12.4M.
- 71 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q3 2016, up from 68 in Q2 2016.
- Funds reported $150M of Independence Contract Drilling, Inc. stock for Q3 2016, up 3.9% quarter-over-quarter.
- 12 funds opened new Independence Contract Drilling, Inc. positions in Q3 2016 and 9 closed out, a net change of +3 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q3 2016 was Capital Research Global Investors, an estimated $6.49M added.
- The largest Independence Contract Drilling, Inc. seller in Q3 2016 was Fidelity Investments, an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2016.