McDermott International
MDR
MDR was delisted on the 17th of January, 2020.
248 hedge funds and large institutions have $1.7B invested in McDermott International in 2013 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 100 increasing their positions, 74 reducing their positions, and 57 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 74
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 262 → 248 (-14)
8% less capital invested
Capital invested by funds: $1.85B → $1.7B (-$146M)
20% less call options, than puts
Call options by funds: $13.7M | Put options by funds: $17.1M
21% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$63.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$36.1M |
| 3 |
FC
Fairpointe Capital
Chicago,
Illinois
|
+$33.8M |
| 4 |
LCM
Lakewood Capital Management
New York
|
+$21.6M |
| 5 |
TAM
Tocqueville Asset Management
New York
|
+$21.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$57.2M |
| 2 |
JP
Jana Partners
New York
|
-$49.6M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$37.4M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$36.6M |
| 5 |
CI
Cambiar Investors
Denver,
Colorado
|
-$30.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTC
301
Central Trust Company
Jefferson City,
Missouri
| – | -$2K | -100 | Closed |
|
302
Bessemer Group
Woodbridge,
New Jersey
| – | -$2K | -83 | Closed |
|
|
EFSCE
303
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$1K | -46 | Closed |
|
|
MA
304
MUFG Americas
New York
| – | -$1K | -33 | Closed |
|
MDR Hedge Fund Activity: Q3 2013 in Review
248 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in McDermott International (MDR) for Q3 2013, worth a combined $1.7B — down 7.9% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of MDR and 45 opened new positions — a net loss of 12 holders — while 74 trimmed existing stakes and 100 added.
The largest buyer was Seizert Capital Partners, opening a new position worth an estimated $63.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $57.2M.
- 248 institutional investors held McDermott International (MDR) as of Q3 2013, down from 262 in Q2 2013.
- Funds reported $1.7B of McDermott International stock for Q3 2013, down 7.9% quarter-over-quarter.
- 45 funds opened new McDermott International positions in Q3 2013 and 57 closed out, a net change of -12 holders.
- The largest McDermott International buyer in Q3 2013 was Seizert Capital Partners, an estimated $63.3M added.
- The largest McDermott International seller in Q3 2013 was T. Rowe Price Associates, an estimated $57.2M sold.
Based on aggregated 13F filings for Q3 2013.