Pacific Drilling S A
PACD
PACD was delisted on the 12th of September, 2017.
69 hedge funds and large institutions have $475M invested in Pacific Drilling S A in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 19 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12% less funds holding
Funds holding: 78 → 69 (-9)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
16% less capital invested
Capital invested by funds: $568M → $475M (-$93.4M)
35% less call options, than puts
Call options by funds: $157K | Put options by funds: $241K
47% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$15.1M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$10.1M |
| 3 |
RCM
Rockshelter Capital Management
Canonsburg,
Pennsylvania
|
+$9.05M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$8.81M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$6.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.1M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$6.94M |
| 3 |
DCM
Decade Capital Management
New York
|
-$4.5M |
| 4 |
Millennium Management
New York
|
-$3.53M |
| 5 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VAM
76
Visium Asset Management
New York
| – | -$1.29M | -12,892 | Closed |
|
|
PP
77
PDT Partners
New York
| – | -$653K | -6,532 | Closed |
|
|
MCM
78
Moore Capital Management
New York
| – | -$476K | -4,762 | Closed |
|
|
OC
79
Oppenheimer & Co
New York
| – | -$459K | -4,585 | Closed |
|
|
BCMU
80
BlueCrest Capital Management (UK)
St. Peter Port,
Guernsey
| – | -$325K | -3,250 | Closed |
|
|
PG
81
PEAK6 Group
Chicago,
Illinois
| – | -$296K | -2,958 | Closed |
|
|
CSS
82
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$240K | -2,399 | Closed |
|
|
EMG
83
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$200K | -2,000 | Closed |
|
84
SG Americas Securities
New York
| – | -$200K | -2,000 | Closed |
|
|
GCP
85
GSA Capital Partners
London,
United Kingdom
| – | -$173K | -1,727 | Closed |
|
|
CMBA
86
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$149K | -1,486 | Closed |
|
87
Verition Fund Management
Greenwich,
Connecticut
| – | -$121K | -1,208 | Closed |
|
|
BIM
88
BlackRock Investment Management
Wilmington,
Delaware
| – | -$1K | -10 | Closed |
|
PACD Hedge Fund Activity: Q3 2014 in Review
69 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Pacific Drilling S A (PACD) for Q3 2014, worth a combined $475M — down 16% from $568M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of PACD and 10 opened new positions — a net loss of 9 holders — while 26 trimmed existing stakes and 23 added.
The largest buyer was Adage Capital Partners, adding an estimated $15.1M. The largest seller was Fidelity Investments, exiting entirely with an estimated $24.1M sold.
- 69 institutional investors held Pacific Drilling S A (PACD) as of Q3 2014, down from 78 in Q2 2014.
- Funds reported $475M of Pacific Drilling S A stock for Q3 2014, down 16% quarter-over-quarter.
- 10 funds opened new Pacific Drilling S A positions in Q3 2014 and 19 closed out, a net change of -9 holders.
- The largest Pacific Drilling S A buyer in Q3 2014 was Adage Capital Partners, an estimated $15.1M added.
- The largest Pacific Drilling S A seller in Q3 2014 was Fidelity Investments, an estimated $24.1M sold.
Based on aggregated 13F filings for Q3 2014.