Ocean Rig UDW Inc. Class A Common Shares
ORIG
ORIG was delisted on the 4th of December, 2018.
57 hedge funds and large institutions have $72.3M invested in Ocean Rig UDW Inc. Class A Common Shares in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 13 closing their positions.
209% more capital invested
Capital invested by funds: $23.4M → $72.3M (+$48.9M)
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
21% more funds holding
Funds holding: 47 → 57 (+10)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
60% less call options, than puts
Call options by funds: $980K | Put options by funds: $2.43M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$1.58M |
| 2 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$1.52M |
| 3 |
Renaissance Technologies
New York
|
+$1.48M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$1.43M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$990K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$1.6M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$1.35M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$1.3M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.03M |
| 5 |
Two Sigma Investments
New York
|
-$533K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
76
Frontier Wealth Management
Kansas City,
Missouri
| – | -$66K | -9 | Closed |
|
|
BIT
77
BlackRock Institutional Trust
San Francisco,
California
| – | -$36K | -5 | Closed |
|
78
BlackRock
New York
| – | -$18K | -2 | Closed |
|
79
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$12K | -2 | Closed |
|
80
Jane Street
New York
| – | -$10K | -1 | Closed |
|
ORIG Hedge Fund Activity: Q2 2016 in Review
57 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 Q2 2016, worth a combined $72.3M — up 209% from $23.4M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ORIG positions and 13 closed out — a net gain of 10 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Norges Bank, opening a new position worth an estimated $1.58M. The largest seller was Mackenzie Financial, cutting an estimated $1.6M.
- 57 institutional investors held Ocean Rig UDW Inc. Class A Common Shares (ORIG) as of Q2 2016, up from 47 in Q1 2016.
- Funds reported $72.3M of Ocean Rig UDW Inc. Class A Common Shares stock for Q2 2016, up 209% quarter-over-quarter.
- 23 funds opened new Ocean Rig UDW Inc. Class A Common Shares positions in Q2 2016 and 13 closed out, a net change of +10 holders.
- The largest Ocean Rig UDW Inc. Class A Common Shares buyer in Q2 2016 was Norges Bank, an estimated $1.58M added.
- The largest Ocean Rig UDW Inc. Class A Common Shares seller in Q2 2016 was Mackenzie Financial, an estimated $1.6M sold.
Based on aggregated 13F filings for Q2 2016.