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PDS

Precision Drilling

126 hedge funds and large institutions have $1.88B invested in Precision Drilling in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 45 increasing their positions, 43 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 9

62% more call options, than puts

Call options by funds: $2.17M | Put options by funds: $1.34M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

19% more capital invested

Capital invested by funds: $1.58B → $1.88B (+$306M)

4% more funds holding

Funds holding: 121126 (+5)

5% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 43

0.1% more ownership

Funds ownership: 3.3%3.4% (+0.1%)

Holders
126
Holders Change
+5
Holders Change %
+4.13%
% of All Funds
4.09%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.1%
New
16
Increased
45
Reduced
43
Closed
9
Calls
$2.17M
Puts
$1.34M
Net Calls
+$834K
Net Calls Change
+$280K
Name Holding Trade Value Shares
Change
Change in
Stake
AAMU
26
Amundi Asset Management US
Massachusetts
$16.4M +$3.53M +17,812 +28%
CIBC Asset Management
27
CIBC Asset Management
Ontario, Canada
$15.6M +$846K +4,263 +6%
DGHMC
28
Dalton, Greiner, Hartman, Maher & Co
New York
$10.6M +$1.19M +5,979 +13%
RFC
29
Russell Frank Company
Washington
$7.65M -$2.22M -11,190 -22%
FRM
30
Foundation Resource Management
Arkansas
$7.03M -$283K -1,427 -4%
Franklin Resources
31
Franklin Resources
California
$6.99M +$56.1K +283 +0.8%
Grantham, Mayo, Van Otterloo & Co (GMO)
32
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$6.56M +$907K +4,570 +16%
RA
33
Royce & Associates
New York
$6.06M
EOCM
34
Energy Opportunities Capital Management
Texas
$5.56M -$306K -1,541 -5%
Morgan Stanley
35
Morgan Stanley
New York
$4.49M +$3.1M +15,646 +224%
Canada Pension Plan Investment Board
36
Canada Pension Plan Investment Board
Ontario, Canada
$4.16M +$2.79M +14,040 +204%
Aviva
37
Aviva
United Kingdom
$3.9M +$30.4K +153 +0.8%
Ohio Public Employees Retirement System (OPERS)
38
Ohio Public Employees Retirement System (OPERS)
Ohio
$3.86M
Toronto Dominion Bank
39
Toronto Dominion Bank
Ontario, Canada
$3.4M +$743K +3,747 +28%
BFA
40
BlackRock Fund Advisors
California
$3.14M +$561K +2,830 +22%
GCAC
41
Guardian Capital Advisors (Canada)
Ontario, Canada
$2.85M +$51.4K +259 +2%
Ameriprise
42
Ameriprise
Minnesota
$2.56M +$468K +2,360 +22%
APG Asset Management
43
APG Asset Management
Netherlands
$2.49M
Millennium Management
44
Millennium Management
New York
$2.43M +$2.43M +12,263 New
Swiss National Bank
45
Swiss National Bank
Switzerland
$1.98M -$99.2K -500 -5%
Zurich Cantonal Bank
46
Zurich Cantonal Bank
Switzerland
$1.79M +$198K +1,000 +10%
COPPSERS
47
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.74M
WI
48
WHV Investments
California
$1.73M -$44.2K -223 -2%
Mackenzie Financial
49
Mackenzie Financial
Ontario, Canada
$1.71M +$882K +4,443 +106%
SFM
50
Systematic Financial Management
New Jersey
$1.41M +$1.41M +7,123 New

PDS Hedge Fund Activity: Q3 2013 in Review

126 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q3 2013, worth a combined $1.88B — up 19% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new PDS positions and 9 closed out — a net gain of 7 holders — while 45 added to existing stakes and 43 trimmed.

The largest buyer was Tetrem Capital Management, opening a new position worth an estimated $53.7M. The largest seller was 1832 Asset Management, cutting an estimated $58.3M.

  • 126 institutional investors held Precision Drilling (PDS) as of Q3 2013, up from 121 in Q2 2013.
  • Funds reported $1.88B of Precision Drilling stock for Q3 2013, up 19% quarter-over-quarter.
  • 16 funds opened new Precision Drilling positions in Q3 2013 and 9 closed out, a net change of +7 holders.
  • The largest Precision Drilling buyer in Q3 2013 was Tetrem Capital Management, an estimated $53.7M added.
  • The largest Precision Drilling seller in Q3 2013 was 1832 Asset Management, an estimated $58.3M sold.

Based on aggregated 13F filings for Q3 2013.