Ocean Rig UDW Inc. Class A Common Shares
ORIG
ORIG was delisted on the 4th of December, 2018.
65 hedge funds and large institutions have $812M invested in Ocean Rig UDW Inc. Class A Common Shares in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 13 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
11% more capital invested
Capital invested by funds: $731M → $812M (+$80.6M)
3% less funds holding
Funds holding: 67 → 65 (-2)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
17% less call options, than puts
Call options by funds: $1.57M | Put options by funds: $1.89M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Texas)
Dallas,
Texas
|
+$31.4M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$31.2M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$12.2M |
| 4 |
GAM
Goldentree Asset Management
New York
|
+$10.1M |
| 5 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$5.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brigade Capital Management
New York
|
-$13.6M |
| 2 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
-$13.3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.4M |
| 4 |
RCM
Roystone Capital Management
New York
|
-$9.17M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$5.78M |
ORIG Hedge Fund Activity: Q2 2014 in Review
65 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Ocean Rig UDW Inc. Class A Common Shares (ORIG) for Q2 2014, worth a combined $812M — up 11% from $731M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ORIG and 11 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 24 added.
The largest buyer was Highland Capital Management (Texas), adding an estimated $31.4M. The largest seller was Brigade Capital Management, cutting an estimated $13.6M.
- 65 institutional investors held Ocean Rig UDW Inc. Class A Common Shares (ORIG) as of Q2 2014, down from 67 in Q1 2014.
- Funds reported $812M of Ocean Rig UDW Inc. Class A Common Shares stock for Q2 2014, up 11% quarter-over-quarter.
- 11 funds opened new Ocean Rig UDW Inc. Class A Common Shares positions in Q2 2014 and 13 closed out, a net change of -2 holders.
- The largest Ocean Rig UDW Inc. Class A Common Shares buyer in Q2 2014 was Highland Capital Management (Texas), an estimated $31.4M added.
- The largest Ocean Rig UDW Inc. Class A Common Shares seller in Q2 2014 was Brigade Capital Management, an estimated $13.6M sold.
Based on aggregated 13F filings for Q2 2014.