McDermott International
MDR
MDR was delisted on the 17th of January, 2020.
262 hedge funds and large institutions have $2.24B invested in McDermott International in 2013 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 93 increasing their positions, 80 reducing their positions, and 40 closing their positions.
700% more funds holding in top 10
Funds holding in top 10: 1 → 8 (+7)
43% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 40
32% more capital invested
Capital invested by funds: $1.7B → $2.24B (+$538M)
16% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 80
11% more call options, than puts
Call options by funds: $22.6M | Put options by funds: $20.4M
6% more funds holding
Funds holding: 248 → 262 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Greenlight Capital
New York
|
+$61.2M |
| 2 |
Neuberger Berman Group
New York
|
+$59.4M |
| 3 |
KCM
Kingstown Capital Management
New York
|
+$37.1M |
| 4 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
+$30.8M |
| 5 |
IIM
Ivory Investment Management
New York
|
+$26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$81.6M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$48.3M |
| 3 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$31.8M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$16.7M |
| 5 |
Millennium Management
New York
|
-$16.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Victory Capital Management
San Antonio,
Texas
| – | -$2K | -119 | Closed |
|
|
NES
302
New England Securities
New York
| – | -$1K | -34 | Closed |
|
MDR Hedge Fund Activity: Q4 2013 in Review
262 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in McDermott International (MDR) for Q4 2013, worth a combined $2.24B — up 32% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new MDR positions and 40 closed out — a net gain of 17 holders — while 93 added to existing stakes and 80 trimmed.
The largest buyer was Greenlight Capital, opening a new position worth an estimated $61.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $81.6M.
- 262 institutional investors held McDermott International (MDR) as of Q4 2013, up from 248 in Q3 2013.
- Funds reported $2.24B of McDermott International stock for Q4 2013, up 32% quarter-over-quarter.
- 57 funds opened new McDermott International positions in Q4 2013 and 40 closed out, a net change of +17 holders.
- The largest McDermott International buyer in Q4 2013 was Greenlight Capital, an estimated $61.2M added.
- The largest McDermott International seller in Q4 2013 was T. Rowe Price Associates, an estimated $81.6M sold.
Based on aggregated 13F filings for Q4 2013.