Pacific Drilling S A
PACD
PACD was delisted on the 12th of September, 2017.
78 hedge funds and large institutions have $568M invested in Pacific Drilling S A in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 35 increasing their positions, 21 reducing their positions, and 12 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $588M → $568M (-$19.7M)
4% less funds holding
Funds holding: 81 → 78 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
46% less call options, than puts
Call options by funds: $469K | Put options by funds: $865K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$10.9M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$10.1M |
| 3 |
Millennium Management
New York
|
+$9.33M |
| 4 |
FTCM
Fir Tree Capital Management
New York
|
+$9.1M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$7.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$21.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$13M |
| 3 |
SAM
Serengeti Asset Management
New York
|
-$10.9M |
| 4 |
RHI
Richmond Hill Investments
New York
|
-$6.44M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.44M |
PACD Hedge Fund Activity: Q2 2014 in Review
78 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Pacific Drilling S A (PACD) for Q2 2014, worth a combined $568M — down 3.4% from $588M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PACD and 9 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 35 added.
The largest buyer was Adage Capital Partners, adding an estimated $10.9M. The largest seller was Ranger Investment Management, exiting entirely with an estimated $21.9M sold.
- 78 institutional investors held Pacific Drilling S A (PACD) as of Q2 2014, down from 81 in Q1 2014.
- Funds reported $568M of Pacific Drilling S A stock for Q2 2014, down 3.4% quarter-over-quarter.
- 9 funds opened new Pacific Drilling S A positions in Q2 2014 and 12 closed out, a net change of -3 holders.
- The largest Pacific Drilling S A buyer in Q2 2014 was Adage Capital Partners, an estimated $10.9M added.
- The largest Pacific Drilling S A seller in Q2 2014 was Ranger Investment Management, an estimated $21.9M sold.
Based on aggregated 13F filings for Q2 2014.