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PDS

Precision Drilling

149 hedge funds and large institutions have $1.16B invested in Precision Drilling in 2016 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 36 increasing their positions, 56 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

467% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 6

38% more call options, than puts

Call options by funds: $554K | Put options by funds: $401K

27% more capital invested

Capital invested by funds: $910M → $1.16B (+$246M)

23% more funds holding

Funds holding: 121149 (+28)

0.03% less ownership

Funds ownership: 3.72%3.69% (-0.03%)

36% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 56

Holders
149
Holders Change
+28
Holders Change %
+23.14%
% of All Funds
3.73%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
34
Increased
36
Reduced
56
Closed
6
Calls
$554K
Puts
$401K
Net Calls
+$153K
Net Calls Change
+$11.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$6.34M +$2.48M +25,223 +77%
IGIM
27
I.G. Investment Management
Manitoba, Canada
$6.16M -$3.57M -36,260 -39%
Bank of Montreal
28
Bank of Montreal
Ontario, Canada
$6.1M -$330K -3,357 -6%
Ameriprise
29
Ameriprise
Minnesota
$5.88M +$2.82M +28,643 +113%
SRAIM
30
Scheer Rowlett & Associates Investment Management
Ontario, Canada
$5.65M -$2.97M -30,161 -37%
NEI
31
Northwest & Ethical Investments
Ontario, Canada
$4.68M +$160K +1,625 +4%
AIMCA
32
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$4.61M +$1.43M +14,553 +52%
ERSOT
33
Employees Retirement System of Texas
Texas
$4.49M +$654K +6,650 +19%
WAM
34
Wilsey Asset Management
California
$4.02M -$44.3K -450 -1%
Canada Pension Plan Investment Board
35
Canada Pension Plan Investment Board
Ontario, Canada
$3.96M -$3.93M -39,980 -52%
New York State Common Retirement Fund
36
New York State Common Retirement Fund
New York
$3.84M +$1.34M +13,629 +63%
GCAC
37
Guardian Capital Advisors (Canada)
Ontario, Canada
$3.76M -$7.97K -81 -0.3%
Dimensional Fund Advisors
38
Dimensional Fund Advisors
Texas
$3.25M -$885 -9 -0%
FRM
39
Foundation Resource Management
Arkansas
$3.23M +$61.4K +624 +2%
RA
40
RR Advisors
Texas
$3.05M +$2.75M +28,000 New
Two Sigma Investments
41
Two Sigma Investments
New York
$3.03M +$2.73M +27,782 New
Acadian Asset Management
42
Acadian Asset Management
Massachusetts
$2.93M +$2.64M +26,875 New
CS
43
Credit Suisse
Switzerland
$2.9M +$1.26M +12,817 +93%
CIBC World Market
44
CIBC World Market
Ontario, Canada
$2.66M +$85K +864 +4%
Swiss National Bank
45
Swiss National Bank
Switzerland
$2.63M +$42.3K +430 +2%
CC
46
Cambrian Capital
California
$2.51M +$2.26M +23,000 New
NONA
47
Ninety One North America
New York
$2.48M -$1.28M -13,031 -36%
Legal & General Group
48
Legal & General Group
United Kingdom
$2.47M -$20.7K -210 -0.9%
VOAM
49
Vertex One Asset Management
British Columbia, Canada
$2.32M
TCM
50
TVR Capital Management
Connecticut
$2.18M +$1.96M +19,960 New

PDS Hedge Fund Activity: Q4 2016 in Review

149 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q4 2016, worth a combined $1.16B — up 27% from $910M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new PDS positions and 6 closed out — a net gain of 28 holders — while 36 added to existing stakes and 56 trimmed.

The largest buyer was 1832 Asset Management, adding an estimated $102M. The largest seller was Franklin Resources, cutting an estimated $77.5M.

  • 149 institutional investors held Precision Drilling (PDS) as of Q4 2016, up from 121 in Q3 2016.
  • Funds reported $1.16B of Precision Drilling stock for Q4 2016, up 27% quarter-over-quarter.
  • 34 funds opened new Precision Drilling positions in Q4 2016 and 6 closed out, a net change of +28 holders.
  • The largest Precision Drilling buyer in Q4 2016 was 1832 Asset Management, an estimated $102M added.
  • The largest Precision Drilling seller in Q4 2016 was Franklin Resources, an estimated $77.5M sold.

Based on aggregated 13F filings for Q4 2016.