Independence Contract Drilling, Inc.
ICD was delisted on the 28th of August, 2024.
82 hedge funds and large institutions have $168M invested in Independence Contract Drilling, Inc. in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 28 reducing their positions, and 15 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 28
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less funds holding
Funds holding: 90 → 82 (-8)
17% less capital invested
Capital invested by funds: $203M → $168M (-$35M)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.02M |
| 2 |
CCI
Columbus Circle Investors
|
+$3.72M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$3.13M |
| 4 |
GP
GLG Partners
London,
United Kingdom
|
+$2.49M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$6.19M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.67M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$3.36M |
| 4 |
VanEck Associates
New York
|
-$1.95M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.68M |
ICD Hedge Fund Activity: Q1 2017 in Review
82 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Independence Contract Drilling, Inc. (ICD) for Q1 2017, worth a combined $168M — down 17% from $203M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ICD and 11 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 35 added.
The largest buyer was BlackRock, adding an estimated $8.02M. The largest seller was Brandywine Global Investment Management, cutting an estimated $6.19M.
- 82 institutional investors held Independence Contract Drilling, Inc. (ICD) as of Q1 2017, down from 90 in Q4 2016.
- Funds reported $168M of Independence Contract Drilling, Inc. stock for Q1 2017, down 17% quarter-over-quarter.
- 11 funds opened new Independence Contract Drilling, Inc. positions in Q1 2017 and 15 closed out, a net change of -4 holders.
- The largest Independence Contract Drilling, Inc. buyer in Q1 2017 was BlackRock, an estimated $8.02M added.
- The largest Independence Contract Drilling, Inc. seller in Q1 2017 was Brandywine Global Investment Management, an estimated $6.19M sold.
Based on aggregated 13F filings for Q1 2017.