Ocean Rig UDW Inc. Class A Common Shares
ORIG
ORIG was delisted on the 4th of December, 2018.
62 hedge funds and large institutions have $703M invested in Ocean Rig UDW Inc. Class A Common Shares in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 9 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
5% less funds holding
Funds holding: 65 → 62 (-3)
13% less capital invested
Capital invested by funds: $812M → $703M (-$109M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
82% less call options, than puts
Call options by funds: $794K | Put options by funds: $4.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$19.3M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$8.08M |
| 3 |
BGDI
BW Gestao de Investimentos
Sao Paulo,
Brazil
|
+$5.11M |
| 4 |
Morgan Stanley
New York
|
+$4.94M |
| 5 |
B
Barings
Charlotte,
North Carolina
|
+$4.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Venor Capital Management
New York
|
-$25.3M |
| 2 |
Millennium Management
New York
|
-$7.25M |
| 3 |
BCM
Brigade Capital Management
New York
|
-$6.76M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.93M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$2.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
76
American International Group
New York
| $757 | – | – | – |
|
77
Schroder Investment Management Group
London,
United Kingdom
| $113 | – | – | – |
|
|
VCM
78
Venor Capital Management
New York
| – | -$25.3M | -145 | Closed |
|
79
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.15M | -7 | Closed |
|
|
BCMU
80
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
| – | -$379K | -2 | Closed |
|
|
BF
81
BOK Financial
Tulsa,
Oklahoma
| – | -$320K | -2 | Closed |
|
|
ST
82
Spot Trading
Chicago,
Illinois
| – | -$420K | -2 | Closed |
|
|
AL
83
Airain Ltd
St. Peter Port,
Guernsey
| – | -$198K | -1 | Closed |
|
|
ARTA
84
A.R.T. Advisors
New York
| – | -$237K | -1 | Closed |
|
85
BNP Paribas Financial Markets
Paris,
France
| – | -$101K | -1 | Closed |
|
|
HI
86
HBK Investments
Dallas,
Texas
| – | -$190K | -1 | Closed |
|
|
EFSCE
87
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$3K | – | – |
|
88
Parallax Volatility Advisers
San Francisco,
California
| – | -$33K | – | – |
|
|
PFG
89
Piershale Financial Group
Barrington,
Illinois
| – | -$1K | – | – |
|
ORIG Hedge Fund Activity: Q3 2014 in Review
62 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Ocean Rig UDW Inc. Class A Common Shares (ORIG) for Q3 2014, worth a combined $703M — down 13% from $812M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ORIG and 6 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 26 added.
The largest buyer was Goldman Sachs, adding an estimated $19.3M. The largest seller was Venor Capital Management, exiting entirely with an estimated $25.3M sold.
- 62 institutional investors held Ocean Rig UDW Inc. Class A Common Shares (ORIG) as of Q3 2014, down from 65 in Q2 2014.
- Funds reported $703M of Ocean Rig UDW Inc. Class A Common Shares stock for Q3 2014, down 13% quarter-over-quarter.
- 6 funds opened new Ocean Rig UDW Inc. Class A Common Shares positions in Q3 2014 and 9 closed out, a net change of -3 holders.
- The largest Ocean Rig UDW Inc. Class A Common Shares buyer in Q3 2014 was Goldman Sachs, an estimated $19.3M added.
- The largest Ocean Rig UDW Inc. Class A Common Shares seller in Q3 2014 was Venor Capital Management, an estimated $25.3M sold.
Based on aggregated 13F filings for Q3 2014.