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PDS

Precision Drilling

119 hedge funds and large institutions have $427M invested in Precision Drilling in 2024 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 42 increasing their positions, 35 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more call options, than puts

Call options by funds: $5.97M | Put options by funds: $3.3M

80% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 10

20% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 35

6% more funds holding

Funds holding: 112119 (+7)

0.79% more ownership

Funds ownership: 48.69%49.48% (+0.79%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less capital invested

Capital invested by funds: $435M → $427M (-$8.84M)

Holders
119
Holders Change
+7
Holders Change %
+6.25%
% of All Funds
1.57%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
18
Increased
42
Reduced
35
Closed
10
Calls
$5.97M
Puts
$3.3M
Net Calls
+$2.67M
Net Calls Change
+$7.71M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Advisers
26
Two Sigma Advisers
New York
$3.53M -$944K -15,400 -21%
Canada Pension Plan Investment Board
27
Canada Pension Plan Investment Board
Ontario, Canada
$2.49M +$2.5M +40,800 New
NWM
28
Nicola Wealth Management
British Columbia, Canada
$2.46M
D.E. Shaw & Co
29
D.E. Shaw & Co
New York
$2.41M +$2.08M +34,000 +618%
TD Asset Management
30
TD Asset Management
Ontario, Canada
$2.39M -$1.91M -31,099 -44%
BlackRock
31
BlackRock
New York
$2.29M +$145K +2,364 +7%
KPF
32
K2 Principal Fund
Ontario, Canada
$2.29M +$2.3M +37,446 New
PAMP
33
Polar Asset Management Partners
Ontario, Canada
$2.2M -$2M -32,600 -48%
OSAM
34
O'Shaughnessy Asset Management
Connecticut
$2.04M -$1.98M -32,298 -49%
Charles Schwab
35
Charles Schwab
California
$1.85M -$106K -1,737 -5%
SCM
36
SG Capital Management
Illinois
$1.78M +$1.79M +29,133 New
JP Morgan Chase
37
JP Morgan Chase
New York
$1.75M +$841K +13,722 +92%
BCIM
38
British Columbia Investment Management
British Columbia, Canada
$1.74M +$1.32M +21,597 +313%
Swiss National Bank
39
Swiss National Bank
Switzerland
$1.71M -$36.8K -600 -2%
BNP Paribas Financial Markets
40
BNP Paribas Financial Markets
France
$1.52M +$1.53M +24,910 New
TWC
41
TD Waterhouse Canada
Ontario, Canada
$1.4M +$690K +11,257 +97%
Connor, Clark & Lunn Investment Management (CC&L)
42
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$1.39M +$215K +3,500 +18%
TI
43
Trexquant Investment
Connecticut
$1.11M +$296K +4,824 +36%
Jane Street
44
Jane Street
New York
$1.05M +$45.5K +743 +5%
CIBC Asset Management
45
CIBC Asset Management
Ontario, Canada
$1.03M -$37.4K -610 -3%
PIC
46
PCJ Investment Counsel
Ontario, Canada
$999K +$107K +1,740 +12%
PP
47
PDT Partners
New York
$964K +$461K +7,520 +91%
Legal & General Group
48
Legal & General Group
United Kingdom
$952K
RWM
49
Ritholtz Wealth Management
New York
$904K -$85.4K -1,394 -9%
ACA
50
AYAL Capital Advisors
Ontario, Canada
$770K -$2.14M -34,998 -74%

PDS Hedge Fund Activity: Q4 2024 in Review

119 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q4 2024, worth a combined $427M — down 2% from $435M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new PDS positions and 10 closed out — a net gain of 8 holders — while 42 added to existing stakes and 35 trimmed.

The largest buyer was Arrowstreet Capital, adding an estimated $9.17M. The largest seller was Ninepoint Partners, cutting an estimated $33.7M.

  • 119 institutional investors held Precision Drilling (PDS) as of Q4 2024, up from 112 in Q3 2024.
  • Funds reported $427M of Precision Drilling stock for Q4 2024, down 2% quarter-over-quarter.
  • 18 funds opened new Precision Drilling positions in Q4 2024 and 10 closed out, a net change of +8 holders.
  • The largest Precision Drilling buyer in Q4 2024 was Arrowstreet Capital, an estimated $9.17M added.
  • The largest Precision Drilling seller in Q4 2024 was Ninepoint Partners, an estimated $33.7M sold.

Based on aggregated 13F filings for Q4 2024.