McDermott International
MDR
MDR was delisted on the 17th of January, 2020.
324 hedge funds and large institutions have $2.78B invested in McDermott International in 2018 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 99 increasing their positions, 110 reducing their positions, and 40 closing their positions.
40% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 40
5% more funds holding
Funds holding: 310 → 324 (+14)
9% less capital invested
Capital invested by funds: $3.04B → $2.78B (-$261M)
10% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 110
12% less call options, than puts
Call options by funds: $58.3M | Put options by funds: $66.2M
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$54.6M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$22.6M |
| 3 |
BlackRock
New York
|
+$16.8M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$14.6M |
| 5 |
KCM
Kingstown Capital Management
New York
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$28.3M |
| 2 |
Neuberger Berman Group
New York
|
-$20.6M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$17.5M |
| 4 |
MWNA
Marshall Wace North America
New York
|
-$16.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$12.8M |
MDR Hedge Fund Activity: Q3 2018 in Review
324 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in McDermott International (MDR) for Q3 2018, worth a combined $2.78B — down 8.6% from $3.04B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new MDR positions and 40 closed out — a net gain of 16 holders — while 99 added to existing stakes and 110 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $54.6M. The largest seller was Fairpointe Capital, cutting an estimated $28.3M.
- 324 institutional investors held McDermott International (MDR) as of Q3 2018, up from 310 in Q2 2018.
- Funds reported $2.78B of McDermott International stock for Q3 2018, down 8.6% quarter-over-quarter.
- 56 funds opened new McDermott International positions in Q3 2018 and 40 closed out, a net change of +16 holders.
- The largest McDermott International buyer in Q3 2018 was AQR Capital Management, an estimated $54.6M added.
- The largest McDermott International seller in Q3 2018 was Fairpointe Capital, an estimated $28.3M sold.
Based on aggregated 13F filings for Q3 2018.