McDermott International
MDR
MDR was delisted on the 17th of January, 2020.
183 hedge funds and large institutions have $617M invested in McDermott International in 2014 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 62 increasing their positions, 67 reducing their positions, and 70 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 67
19% less funds holding
Funds holding: 226 → 183 (-43)
54% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 70
56% less capital invested
Capital invested by funds: $1.41B → $617M (-$795M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
79% less call options, than puts
Call options by funds: $4.95M | Put options by funds: $23.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$23.1M |
| 2 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
+$14.5M |
| 3 |
FC
Fairpointe Capital
Chicago,
Illinois
|
+$13.9M |
| 4 |
PCM
Proxima Capital Management
New York
|
+$11.8M |
| 5 |
D.E. Shaw & Co
New York
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$53.8M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$51.2M |
| 3 |
Neuberger Berman Group
New York
|
-$28.5M |
| 4 |
DFO
Duquesne Family Office
New York
|
-$26.1M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$21.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
W
251
Wealthfront
Palo Alto,
California
| – | -$2K | -93 | Closed |
|
252
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -71 | Closed |
|
|
CCS
253
Crosspoint Capital Strategies
Orinda,
California
| – | -$1K | -33 | Closed |
|
MDR Hedge Fund Activity: Q4 2014 in Review
183 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in McDermott International (MDR) for Q4 2014, worth a combined $617M — down 56% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of MDR and 32 opened new positions — a net loss of 38 holders — while 67 trimmed existing stakes and 62 added.
The largest buyer was Wellington Management Group, adding an estimated $23.1M. The largest seller was Seizert Capital Partners, exiting entirely with an estimated $53.8M sold.
- 183 institutional investors held McDermott International (MDR) as of Q4 2014, down from 226 in Q3 2014.
- Funds reported $617M of McDermott International stock for Q4 2014, down 56% quarter-over-quarter.
- 32 funds opened new McDermott International positions in Q4 2014 and 70 closed out, a net change of -38 holders.
- The largest McDermott International buyer in Q4 2014 was Wellington Management Group, an estimated $23.1M added.
- The largest McDermott International seller in Q4 2014 was Seizert Capital Partners, an estimated $53.8M sold.
Based on aggregated 13F filings for Q4 2014.