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.
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: 2 → 3 (+1)
19% more capital invested
Capital invested by funds: $1.58B → $1.88B (+$306M)
4% more funds holding
Funds holding: 121 → 126 (+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%)
Top Buyers
Top Sellers
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.