McDermott International
MDR
MDR was delisted on the 17th of January, 2020.
281 hedge funds and large institutions have $1.58B invested in McDermott International in 2019 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 78 increasing their positions, 105 reducing their positions, and 46 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
33% more capital invested
Capital invested by funds: $1.19B → $1.58B (+$389M)
2% less call options, than puts
Call options by funds: $125M | Put options by funds: $127M
5% less funds holding
Funds holding: 297 → 281 (-16)
24% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 46
26% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$49.7M |
| 2 |
D.E. Shaw & Co
New York
|
+$35.1M |
| 3 |
KCM
Kingstown Capital Management
New York
|
+$16M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$14.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$32.7M |
| 2 |
FC
Fairpointe Capital
Chicago,
Illinois
|
-$20.4M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$16M |
| 4 |
SCM
Steadfast Capital Management
New York
|
-$9.44M |
| 5 |
Millennium Management
New York
|
-$8.84M |
MDR Hedge Fund Activity: Q2 2019 in Review
281 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in McDermott International (MDR) for Q2 2019, worth a combined $1.58B — up 33% from $1.19B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of MDR and 35 opened new positions — a net loss of 11 holders — while 105 trimmed existing stakes and 78 added.
The largest buyer was Luminus Management, adding an estimated $49.7M. The largest seller was AQR Capital Management, cutting an estimated $32.7M.
- 281 institutional investors held McDermott International (MDR) as of Q2 2019, down from 297 in Q1 2019.
- Funds reported $1.58B of McDermott International stock for Q2 2019, up 33% quarter-over-quarter.
- 35 funds opened new McDermott International positions in Q2 2019 and 46 closed out, a net change of -11 holders.
- The largest McDermott International buyer in Q2 2019 was Luminus Management, an estimated $49.7M added.
- The largest McDermott International seller in Q2 2019 was AQR Capital Management, an estimated $32.7M sold.
Based on aggregated 13F filings for Q2 2019.