McDermott International
MDR
MDR was delisted on the 17th of January, 2020.
226 hedge funds and large institutions have $1.41B invested in McDermott International in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 69 increasing their positions, 96 reducing their positions, and 31 closing their positions.
7% less funds holding
Funds holding: 242 → 226 (-16)
28% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 96
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
37% less capital invested
Capital invested by funds: $2.23B → $1.41B (-$814M)
42% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 31
83% less call options, than puts
Call options by funds: $6.87M | Put options by funds: $40.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$13.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$12.3M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$10.5M |
| 4 |
DFO
Duquesne Family Office
New York
|
+$9.02M |
| 5 |
State of New Jersey Common Pension Fund D
Trenton,
New Jersey
|
+$8.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenlight Capital
New York
|
-$57.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.3M |
| 3 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
-$35.3M |
| 4 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$32.7M |
| 5 |
Two Sigma Investments
New York
|
-$14.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
251
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$164K | -6,757 | Closed |
|
|
QC
252
QCM Cayman
Houston,
Texas
| – | -$111K | -4,563 | Closed |
|
|
FMT
253
First Mercantile Trust
Cordova,
Tennessee
| – | -$108K | -4,430 | Closed |
|
254
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$99K | -4,077 | Closed |
|
|
SO
255
STRS Ohio
Columbus,
Ohio
| – | -$58.9K | -2,733 | Closed |
|
|
BRWA
256
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$17.8K | -733 | Closed |
|
|
TCM
257
Tradewinds Capital Management
Bellingham,
Washington
| – | -$3K | -125 | Closed |
|
MDR Hedge Fund Activity: Q3 2014 in Review
226 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in McDermott International (MDR) for Q3 2014, worth a combined $1.41B — down 37% from $2.23B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of MDR and 18 opened new positions — a net loss of 13 holders — while 96 trimmed existing stakes and 69 added.
The largest buyer was Neuberger Berman Group, adding an estimated $13.4M. The largest seller was Greenlight Capital, cutting an estimated $57.2M.
- 226 institutional investors held McDermott International (MDR) as of Q3 2014, down from 242 in Q2 2014.
- Funds reported $1.41B of McDermott International stock for Q3 2014, down 37% quarter-over-quarter.
- 18 funds opened new McDermott International positions in Q3 2014 and 31 closed out, a net change of -13 holders.
- The largest McDermott International buyer in Q3 2014 was Neuberger Berman Group, an estimated $13.4M added.
- The largest McDermott International seller in Q3 2014 was Greenlight Capital, an estimated $57.2M sold.
Based on aggregated 13F filings for Q3 2014.