Ocean Rig UDW Inc. Class A Common Shares
ORIG
ORIG was delisted on the 4th of December, 2018.
79 hedge funds and large institutions have $772M invested in Ocean Rig UDW Inc. Class A Common Shares in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 23 reducing their positions, and 19 closing their positions.
53% more call options, than puts
Call options by funds: $12.9M | Put options by funds: $8.47M
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
14% more capital invested
Capital invested by funds: $674M → $772M (+$97.6M)
9% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 23
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
2% less funds holding
Funds holding: 81 → 79 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$39.2M |
| 2 |
BCM
Brigade Capital Management
New York
|
+$19.6M |
| 3 |
DKCM
Davidson Kempner Capital Management
New York
|
+$11.4M |
| 4 |
GAM
Goldentree Asset Management
New York
|
+$11M |
| 5 |
VCM
Venor Capital Management
New York
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$38.8M |
| 2 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
-$10.1M |
| 3 |
FAM
Futuris Asset Management
Stockholm,
Sweden
|
-$9.1M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$8.19M |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$6.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCM
101
Bluefin Capital Management
New York
| – | -$900K | -5 | Closed |
|
102
Group One Trading
Chicago,
Illinois
| – | -$712K | -4 | Closed |
|
103
JP Morgan Chase
New York
| – | -$736K | -4 | Closed |
|
104
DnB Asset Management
Oslo,
Norway
| – | -$424K | -3 | Closed |
|
|
ST
105
Spot Trading
Chicago,
Illinois
| – | -$470K | -3 | Closed |
|
106
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$534K | -3 | Closed |
|
|
DTL
107
Dynamic Technology Lab
Singapore
| – | -$286K | -2 | Closed |
|
|
EMG
108
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$319K | -2 | Closed |
|
|
LA
109
Linden Advisors
New York
| – | -$303K | -2 | Closed |
|
110
Nomura Holdings
Tokyo,
Japan
| – | -$288K | -2 | Closed |
|
111
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | – | – |
|
112
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | – | – |
|
ORIG Hedge Fund Activity: Q4 2013 in Review
79 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Ocean Rig UDW Inc. Class A Common Shares (ORIG) for Q4 2013, worth a combined $772M — up 14% from $674M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of ORIG and 18 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 25 added.
The largest buyer was Fidelity Investments, adding an estimated $39.2M. The largest seller was Wellington Management Group, cutting an estimated $38.8M.
- 79 institutional investors held Ocean Rig UDW Inc. Class A Common Shares (ORIG) as of Q4 2013, down from 81 in Q3 2013.
- Funds reported $772M of Ocean Rig UDW Inc. Class A Common Shares stock for Q4 2013, up 14% quarter-over-quarter.
- 18 funds opened new Ocean Rig UDW Inc. Class A Common Shares positions in Q4 2013 and 19 closed out, a net change of -1 holder.
- The largest Ocean Rig UDW Inc. Class A Common Shares buyer in Q4 2013 was Fidelity Investments, an estimated $39.2M added.
- The largest Ocean Rig UDW Inc. Class A Common Shares seller in Q4 2013 was Wellington Management Group, an estimated $38.8M sold.
Based on aggregated 13F filings for Q4 2013.