Ocean Rig UDW Inc. Class A Common Shares
ORIG
ORIG was delisted on the 4th of December, 2018.
40 hedge funds and large institutions have $17.6M invested in Ocean Rig UDW Inc. Class A Common Shares in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 22 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
30% less funds holding
Funds holding: 57 → 40 (-17)
48% less call options, than puts
Call options by funds: $246K | Put options by funds: $476K
73% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 22
76% less capital invested
Capital invested by funds: $72.3M → $17.6M (-$54.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$706K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$559K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$386K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$333K |
| 5 |
Two Sigma Investments
New York
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$9.01M |
| 2 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$1.82M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$1.3M |
| 4 |
Morgan Stanley
New York
|
-$692K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$666K |
ORIG Hedge Fund Activity: Q3 2016 in Review
40 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ocean Rig UDW Inc. Class A Common Shares (ORIG) for Q3 2016, worth a combined $17.6M — down 76% from $72.3M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of ORIG and 6 opened new positions — a net loss of 16 holders — while 7 trimmed existing stakes and 13 added.
The largest buyer was Renaissance Technologies, adding an estimated $706K. The largest seller was Adage Capital Partners, cutting an estimated $9.01M.
- 40 institutional investors held Ocean Rig UDW Inc. Class A Common Shares (ORIG) as of Q3 2016, down from 57 in Q2 2016.
- Funds reported $17.6M of Ocean Rig UDW Inc. Class A Common Shares stock for Q3 2016, down 76% quarter-over-quarter.
- 6 funds opened new Ocean Rig UDW Inc. Class A Common Shares positions in Q3 2016 and 22 closed out, a net change of -16 holders.
- The largest Ocean Rig UDW Inc. Class A Common Shares buyer in Q3 2016 was Renaissance Technologies, an estimated $706K added.
- The largest Ocean Rig UDW Inc. Class A Common Shares seller in Q3 2016 was Adage Capital Partners, an estimated $9.01M sold.
Based on aggregated 13F filings for Q3 2016.