Ocean Rig UDW Inc. Class A Common Shares
ORIG
ORIG was delisted on the 4th of December, 2018.
77 hedge funds and large institutions have $114M invested in Ocean Rig UDW Inc. Class A Common Shares in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 19 reducing their positions, and 16 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 19
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
1% less funds holding
Funds holding: 78 → 77 (-1)
62% less capital invested
Capital invested by funds: $300M → $114M (-$186M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
79% less call options, than puts
Call options by funds: $596K | Put options by funds: $2.87M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
+$5.05M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
+$4.72M |
| 3 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$2.78M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.69M |
| 5 |
Morgan Stanley
New York
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.2M |
| 2 |
Millennium Management
New York
|
-$8.87M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$8.63M |
| 4 |
TPCM
Tide Point Capital Management
Old Greenwich,
Connecticut
|
-$8.55M |
| 5 |
CRAM
Claren Road Asset Management
New York
|
-$6.51M |
ORIG Hedge Fund Activity: Q3 2015 in Review
77 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Ocean Rig UDW Inc. Class A Common Shares (ORIG) for Q3 2015, worth a combined $114M — down 62% from $300M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ORIG and 15 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 25 added.
The largest buyer was Huber Capital Management, adding an estimated $5.05M. The largest seller was Fidelity Investments, cutting an estimated $10.2M.
- 77 institutional investors held Ocean Rig UDW Inc. Class A Common Shares (ORIG) as of Q3 2015, down from 78 in Q2 2015.
- Funds reported $114M of Ocean Rig UDW Inc. Class A Common Shares stock for Q3 2015, down 62% quarter-over-quarter.
- 15 funds opened new Ocean Rig UDW Inc. Class A Common Shares positions in Q3 2015 and 16 closed out, a net change of -1 holder.
- The largest Ocean Rig UDW Inc. Class A Common Shares buyer in Q3 2015 was Huber Capital Management, an estimated $5.05M added.
- The largest Ocean Rig UDW Inc. Class A Common Shares seller in Q3 2015 was Fidelity Investments, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2015.