Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
90 hedge funds and large institutions have $203M invested in Independence Contract Drilling, Inc. in 2016 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 6 closing their positions.
333% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
37% more capital invested
Capital invested by funds: $148M → $203M (+$54.2M)
27% more funds holding
Funds holding: 71 → 90 (+19)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$6.14M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$4.29M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$3.02M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.98M |
| 5 |
VanEck Associates
New York
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.2M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$4.38M |
| 3 |
LRM
Lime Rock Management
Westport,
Connecticut
|
-$3.32M |
| 4 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
-$1.54M |
| 5 |
Morgan Stanley
New York
|
-$1.24M |
ICD Hedge Fund Activity: Q4 2016 in Review
90 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q4 2016, worth a combined $203M — up 37% from $148M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ICD positions and 6 closed out — a net gain of 20 holders — while 33 added to existing stakes and 22 trimmed.
The largest buyer was Royce & Associates, adding an estimated $6.14M. The largest seller was Fidelity Investments, cutting an estimated $10.2M.
- 90 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q4 2016, up from 71 in Q3 2016.
- Funds reported $203M of Independence Contract Drilling, Inc. stock for Q4 2016, up 37% quarter-over-quarter.
- 26 funds opened new Independence Contract Drilling, Inc. positions in Q4 2016 and 6 closed out, a net change of +20 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q4 2016 was Royce & Associates, an estimated $6.14M added.
- The largest Independence Contract Drilling, Inc. seller in Q4 2016 was Fidelity Investments, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2016.