North Atlantic Drilling Ltd
NADL
NADL was delisted on the 12th of September, 2017.
91 hedge funds and large institutions have $220M invested in North Atlantic Drilling Ltd in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 26 reducing their positions, and 14 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 26
29% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 14
5% more funds holding
Funds holding: 87 → 91 (+4)
33% less capital invested
Capital invested by funds: $329M → $220M (-$109M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
85% less call options, than puts
Call options by funds: $279K | Put options by funds: $1.92M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCCM
Schafer Cullen Capital Management
New York
|
+$16.5M |
| 2 |
Goldman Sachs
New York
|
+$9.43M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$7.95M |
| 4 |
ClearBridge Investments
New York
|
+$7.23M |
| 5 |
SC
Selz Capital
New York
|
+$4.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$20.7M |
| 2 |
SH
SeaTown Holdings
Singapore
|
-$7M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$5.94M |
| 4 |
Morgan Stanley
New York
|
-$4.56M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EEG
101
E.E. Geduld
| – | -$159K | -1,500 | Closed |
|
|
VFA
102
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$65K | -610 | Closed |
|
|
LTFS
103
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$21K | -200 | Closed |
|
104
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$19K | -177 | Closed |
|
105
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$11K | -100 | Closed |
|
NADL Hedge Fund Activity: Q3 2014 in Review
91 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in North Atlantic Drilling Ltd (NADL) for Q3 2014, worth a combined $220M — down 33% from $329M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new NADL positions and 14 closed out — a net gain of 4 holders — while 40 added to existing stakes and 26 trimmed.
The largest buyer was Schafer Cullen Capital Management, adding an estimated $16.5M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $20.7M sold.
- 91 institutional investors held North Atlantic Drilling Ltd (NADL) as of Q3 2014, up from 87 in Q2 2014.
- Funds reported $220M of North Atlantic Drilling Ltd stock for Q3 2014, down 33% quarter-over-quarter.
- 18 funds opened new North Atlantic Drilling Ltd positions in Q3 2014 and 14 closed out, a net change of +4 holders.
- The largest North Atlantic Drilling Ltd buyer in Q3 2014 was Schafer Cullen Capital Management, an estimated $16.5M added.
- The largest North Atlantic Drilling Ltd seller in Q3 2014 was OppenheimerFunds, an estimated $20.7M sold.
Based on aggregated 13F filings for Q3 2014.