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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
Jane Street
51
Jane Street
New York
$1.27M +$1.06M +5,318 +495%
CIBC World Market
52
CIBC World Market
Ontario, Canada
$1.21M +$87.1K +439 +8%
Citadel Advisors
53
Citadel Advisors
Florida
$1.2M +$1.2M +6,063 New
Legal & General Group
54
Legal & General Group
United Kingdom
$1.13M +$350K +1,765 +45%
Fidelity International
55
Fidelity International
Bermuda
$1.13M +$165K +830 +17%
SIM
56
Spark Investment Management
New York
$1.06M
UBS AM
57
UBS AM
Illinois
$922K +$177K +890 +24%
AQR Capital Management
58
AQR Capital Management
Connecticut
$805K +$359K +1,810 +81%
IIM
59
Intact Investment Management
Quebec, Canada
$781K -$12.7M -63,890 -94%
JIR
60
James Investment Research
Ohio
$767K +$6.75K +34 +0.9%
OTPPB
61
Ontario Teachers' Pension Plan Board
Ontario, Canada
$764K -$551K -2,778 -42%
Deutsche Bank
62
Deutsche Bank
Germany
$738K -$549K -2,766 -43%
PPA
63
Parametric Portfolio Associates
Washington
$731K +$36.3K +183 +5%
Goldman Sachs
64
Goldman Sachs
New York
$638K -$1.98K -10 -0.3%
Dimensional Fund Advisors
65
Dimensional Fund Advisors
Texas
$622K +$69.4K +350 +13%
U
66
UBS
Switzerland
$620K -$117K -588 -16%
SAM
67
Shell Asset Management
Netherlands
$595K -$29.4K -148 -5%
NTCOC
68
Northern Trust Company of Connecticut
Connecticut
$554K
CCIA
69
Campbell & Co Investment Adviser
Maryland
$554K +$554K +2,791 New
Bank of America
70
Bank of America
North Carolina
$550K +$293K +1,475 +114%
FMT
71
First Mercantile Trust
Tennessee
$482K +$320K +1,611 +196%
SCA
72
SAC Capital Advisors
Connecticut
$482K +$483K +2,432 New
MBI
73
Montrusco Bolton Investments
Quebec, Canada
$481K -$82.3K -415 -15%
Comerica Bank
74
Comerica Bank
Texas
$449K +$43.5K +219 +11%
RIG
75
Roosevelt Investment Group
New York
$418K

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.