Ocean Rig UDW Inc. Class A Common Shares
ORIG
ORIG was delisted on the 4th of December, 2018.
70 hedge funds and large institutions have $1.88B invested in Ocean Rig UDW Inc. Class A Common Shares in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 12 increasing their positions, 24 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
9% more funds holding
Funds holding: 64 → 70 (+6)
3% less capital invested
Capital invested by funds: $1.93B → $1.88B (-$54.6M)
17% less funds holding in top 10
Funds holding in top 10: 12 → 10 (-2)
50% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 24
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$76M |
| 2 |
TAM
Third Avenue Management
New York
|
+$21.5M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$14.7M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$12.2M |
| 5 |
LPC
Lion Point Capital
New York
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$17.8M |
| 2 |
GL
Governors Lane
New York
|
-$9.95M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$9.62M |
| 4 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$7.93M |
| 5 |
SFM
Soros Fund Management
New York
|
-$7.42M |
ORIG Hedge Fund Activity: Q1 2018 in Review
70 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Ocean Rig UDW Inc. Class A Common Shares (ORIG) for Q1 2018, worth a combined $1.88B — down 2.8% from $1.93B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ORIG positions and 10 closed out — a net gain of 7 holders — while 12 added to existing stakes and 24 trimmed.
The largest buyer was OppenheimerFunds, opening a new position worth an estimated $76M. The largest seller was Canyon Capital Advisors, cutting an estimated $17.8M.
- 70 institutional investors held Ocean Rig UDW Inc. Class A Common Shares (ORIG) as of Q1 2018, up from 64 in Q4 2017.
- Funds reported $1.88B of Ocean Rig UDW Inc. Class A Common Shares stock for Q1 2018, down 2.8% quarter-over-quarter.
- 17 funds opened new Ocean Rig UDW Inc. Class A Common Shares positions in Q1 2018 and 10 closed out, a net change of +7 holders.
- The largest Ocean Rig UDW Inc. Class A Common Shares buyer in Q1 2018 was OppenheimerFunds, an estimated $76M added.
- The largest Ocean Rig UDW Inc. Class A Common Shares seller in Q1 2018 was Canyon Capital Advisors, an estimated $17.8M sold.
Based on aggregated 13F filings for Q1 2018.