McDermott International
MDR
MDR was delisted on the 17th of January, 2020.
294 hedge funds and large institutions have $1.05B invested in McDermott International in 2018 Q4 according to their latest regulatory filings, with 54 funds opening new positions, 107 increasing their positions, 89 reducing their positions, and 82 closing their positions.
33% more call options, than puts
Call options by funds: $51.1M | Put options by funds: $38.5M
20% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 89
9% less funds holding
Funds holding: 324 → 294 (-30)
34% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 82
62% less capital invested
Capital invested by funds: $2.78B → $1.05B (-$1.73B)
75% less funds holding in top 10
Funds holding in top 10: 8 → 2 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$46.4M |
| 2 |
Millennium Management
New York
|
+$24M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$22.6M |
| 4 |
KCM
Kingstown Capital Management
New York
|
+$18.5M |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$18.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$41.9M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$33.5M |
| 3 |
BMO
Beck Mack & Oliver
New York
|
-$30.5M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$27.1M |
| 5 |
SBCM
Schwerin Boyle Capital Management
Springfield,
Massachusetts
|
-$25.8M |
MDR Hedge Fund Activity: Q4 2018 in Review
294 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in McDermott International (MDR) for Q4 2018, worth a combined $1.05B — down 62% from $2.78B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of MDR and 54 opened new positions — a net loss of 28 holders — while 89 trimmed existing stakes and 107 added.
The largest buyer was Goldman Sachs, adding an estimated $46.4M. The largest seller was Victory Capital Management, exiting entirely with an estimated $41.9M sold.
- 294 institutional investors held McDermott International (MDR) as of Q4 2018, down from 324 in Q3 2018.
- Funds reported $1.05B of McDermott International stock for Q4 2018, down 62% quarter-over-quarter.
- 54 funds opened new McDermott International positions in Q4 2018 and 82 closed out, a net change of -28 holders.
- The largest McDermott International buyer in Q4 2018 was Goldman Sachs, an estimated $46.4M added.
- The largest McDermott International seller in Q4 2018 was Victory Capital Management, an estimated $41.9M sold.
Based on aggregated 13F filings for Q4 2018.