North Atlantic Drilling Ltd
NADL
NADL was delisted on the 12th of September, 2017.
84 hedge funds and large institutions have $40.6M invested in North Atlantic Drilling Ltd in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 32 reducing their positions, and 23 closing their positions.
3% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 32
8% less funds holding
Funds holding: 91 → 84 (-7)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
65% less call options, than puts
Call options by funds: $280K | Put options by funds: $807K
82% less capital invested
Capital invested by funds: $220M → $40.6M (-$179M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$14.5M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$4.9M |
| 3 |
PSI
Pinnacle Summer Investments
Fairfax,
Virginia
|
+$4.57M |
| 4 |
Two Sigma Investments
New York
|
+$1.85M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$19.4M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$17.9M |
| 3 |
Neuberger Berman Group
New York
|
-$14.5M |
| 4 |
SH
SeaTown Holdings
Singapore
|
-$5.9M |
| 5 |
SCCM
Schafer Cullen Capital Management
New York
|
-$5.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
101
Dynamic Technology Lab
Singapore
| – | -$81K | -1,210 | Closed |
|
|
JG
102
Jefferies Group
New York
| – | -$75K | -1,127 | Closed |
|
|
CSS
103
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$68K | -1,018 | Closed |
|
|
HCM
104
Hodges Capital Management
Dallas,
Texas
| – | -$67K | -1,000 | Closed |
|
105
BNP Paribas Financial Markets
Paris,
France
| – | -$27.8K | -418 | Closed |
|
|
NFG
106
Next Financial Group
Houston,
Texas
| – | -$13K | -200 | Closed |
|
|
BRWA
107
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | +$398 | +10 | New |
|
108
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$876 | +22 | New |
|
NADL Hedge Fund Activity: Q4 2014 in Review
84 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in North Atlantic Drilling Ltd (NADL) for Q4 2014, worth a combined $40.6M — down 82% from $220M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of NADL and 17 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 31 added.
The largest buyer was Prescott Group Capital Management, opening a new position worth an estimated $14.5M. The largest seller was Goldman Sachs, cutting an estimated $19.4M.
- 84 institutional investors held North Atlantic Drilling Ltd (NADL) as of Q4 2014, down from 91 in Q3 2014.
- Funds reported $40.6M of North Atlantic Drilling Ltd stock for Q4 2014, down 82% quarter-over-quarter.
- 17 funds opened new North Atlantic Drilling Ltd positions in Q4 2014 and 23 closed out, a net change of -6 holders.
- The largest North Atlantic Drilling Ltd buyer in Q4 2014 was Prescott Group Capital Management, an estimated $14.5M added.
- The largest North Atlantic Drilling Ltd seller in Q4 2014 was Goldman Sachs, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2014.