North Atlantic Drilling Ltd
NADL
NADL was delisted on the 12th of September, 2017.
36 hedge funds and large institutions have $5.05M invested in North Atlantic Drilling Ltd in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 20 closing their positions.
163% more call options, than puts
Call options by funds: $260K | Put options by funds: $99K
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
32% less funds holding
Funds holding: 53 → 36 (-17)
61% less capital invested
Capital invested by funds: $13M → $5.05M (-$7.99M)
85% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$507K |
| 2 |
Renaissance Technologies
New York
|
+$390K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$111K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$91.6K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$82.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$691K |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$525K |
| 3 |
CO
Caldwell & Orkin
Norcross,
Georgia
|
-$297K |
| 4 |
SIM
Spark Investment Management
New York
|
-$189K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$187K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
BlackRock
New York
| – | -$1K | -200 | Closed |
|
|
BIT
52
BlackRock Institutional Trust
San Francisco,
California
| – | -$1K | -150 | Closed |
|
53
Citigroup
New York
| – | -$1K | -133 | Closed |
|
|
WEC
54
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$170 | -26 | Closed |
|
|
NFG
55
Next Financial Group
Houston,
Texas
| – | +$214 | +50 | New |
|
NADL Hedge Fund Activity: Q3 2016 in Review
36 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in North Atlantic Drilling Ltd (NADL) for Q3 2016, worth a combined $5.05M — down 61% from $13M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NADL and 3 opened new positions — a net loss of 17 holders — while 14 trimmed existing stakes and 11 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $507K. The largest seller was Morgan Stanley, cutting an estimated $691K.
- 36 institutional investors held North Atlantic Drilling Ltd (NADL) as of Q3 2016, down from 53 in Q2 2016.
- Funds reported $5.05M of North Atlantic Drilling Ltd stock for Q3 2016, down 61% quarter-over-quarter.
- 3 funds opened new North Atlantic Drilling Ltd positions in Q3 2016 and 20 closed out, a net change of -17 holders.
- The largest North Atlantic Drilling Ltd buyer in Q3 2016 was Bridgeway Capital Management, an estimated $507K added.
- The largest North Atlantic Drilling Ltd seller in Q3 2016 was Morgan Stanley, an estimated $691K sold.
Based on aggregated 13F filings for Q3 2016.