Ocean Rig UDW Inc. Class A Common Shares
ORIG
ORIG was delisted on the 4th of December, 2018.
81 hedge funds and large institutions have $674M invested in Ocean Rig UDW Inc. Class A Common Shares in 2013 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 11 closing their positions.
209% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 11
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
41% more call options, than puts
Call options by funds: $25.8M | Put options by funds: $18.3M
40% more funds holding
Funds holding: 58 → 81 (+23)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% less capital invested
Capital invested by funds: $749M → $674M (-$74.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
+$20.6M |
| 2 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
+$11.2M |
| 3 |
SH
Scepter Holdings
Fort Worth,
Texas
|
+$9.39M |
| 4 |
MCM
Moore Capital Management
New York
|
+$9.06M |
| 5 |
VCM
Venor Capital Management
New York
|
+$8.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$80M |
| 2 |
WFC
West Face Capital
Toronto,
Ontario, Canada
|
-$46.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$40.4M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
-$6.52M |
| 5 |
KA
Kerrisdale Advisers
Miami,
Florida
|
-$5.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Barclays
London,
United Kingdom
| – | -$564K | -3 | Closed |
|
|
DC
102
Deere & Company
Moline,
Illinois
| – | -$563K | -3 | Closed |
|
|
RFC
103
Russell Frank Company
Seattle,
Washington
| – | -$435K | -3 | Closed |
|
|
NBC
104
Neuberger Berman Canada
Toronto,
Ontario, Canada
| – | -$347K | -2 | Closed |
|
|
RJFSA
105
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$282K | -2 | Closed |
|
|
CFA
106
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$34K | – | – |
|
ORIG Hedge Fund Activity: Q3 2013 in Review
81 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Ocean Rig UDW Inc. Class A Common Shares (ORIG) for Q3 2013, worth a combined $674M — down 9.9% from $749M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new ORIG positions and 11 closed out — a net gain of 23 holders — while 24 added to existing stakes and 14 trimmed.
The largest buyer was Huber Capital Management, adding an estimated $20.6M. The largest seller was Mackenzie Financial, cutting an estimated $80M.
- 81 institutional investors held Ocean Rig UDW Inc. Class A Common Shares (ORIG) as of Q3 2013, up from 58 in Q2 2013.
- Funds reported $674M of Ocean Rig UDW Inc. Class A Common Shares stock for Q3 2013, down 9.9% quarter-over-quarter.
- 34 funds opened new Ocean Rig UDW Inc. Class A Common Shares positions in Q3 2013 and 11 closed out, a net change of +23 holders.
- The largest Ocean Rig UDW Inc. Class A Common Shares buyer in Q3 2013 was Huber Capital Management, an estimated $20.6M added.
- The largest Ocean Rig UDW Inc. Class A Common Shares seller in Q3 2013 was Mackenzie Financial, an estimated $80M sold.
Based on aggregated 13F filings for Q3 2013.