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PDS

Precision Drilling

125 hedge funds and large institutions have $824M invested in Precision Drilling in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 56 increasing their positions, 33 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

494% more call options, than puts

Call options by funds: $1.23M | Put options by funds: $207K

70% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 33

0.34% more ownership

Funds ownership: 3.38%3.72% (+0.34%)

0% more funds holding

Funds holding: 125125 (0)

0% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 14

37% less capital invested

Capital invested by funds: $1.3B → $824M (-$480M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
125
Holders Change
Holders Change %
0%
% of All Funds
3.49%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
14
Increased
56
Reduced
33
Closed
14
Calls
$1.23M
Puts
$207K
Net Calls
+$1.02M
Net Calls Change
-$5.3M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
51
UBS AM
Illinois
$964K +$52.3K +547 +4%
Wellington Management Group
52
Wellington Management Group
Massachusetts
$940K
Legal & General Group
53
Legal & General Group
United Kingdom
$879K -$71.2K -745 -6%
ERSOT
54
Employees Retirement System of Texas
Texas
$804K
SAM
55
Shell Asset Management
Netherlands
$771K +$97K +1,015 +47%
LOAME
56
Lombard Odier Asset Management (Europe)
United Kingdom
$706K +$12.7K +133 +1%
Bank of Nova Scotia
57
Bank of Nova Scotia
Ontario, Canada
$696K +$233K +2,442 +35%
Toronto Dominion Bank
58
Toronto Dominion Bank
Ontario, Canada
$558K +$111K +1,161 +18%
CIBC Asset Management
59
CIBC Asset Management
Ontario, Canada
$530K +$6.02K +63 +0.9%
Axa
60
Axa
France
$484K -$727K -7,600 -54%
SC
61
Scotia Capital
Ontario, Canada
$471K -$2.1M -22,003 -78%
Aviva
62
Aviva
United Kingdom
$427K
GC
63
Guggenheim Capital
Illinois
$344K +$112K +1,173 +34%
CM
64
CoreCommodity Management
Connecticut
$339K +$436K +4,558 New
QIM
65
Quantitative Investment Management
Virginia
$335K +$431K +4,510 New
VKH
66
Virtu KCG Holdings
New York
$322K +$414K +4,328 New
CPS
67
Counsel Portfolio Services
Ontario, Canada
$279K
DTL
68
Dynamic Technology Lab
Singapore
$267K +$343K +3,584 New
CI
69
Cambiar Investors
Colorado
$235K +$110K +1,148 +57%
PAM
70
Princeton Alpha Management
New Jersey
$208K +$268K +2,802 New
Bank of New York Mellon
71
Bank of New York Mellon
New York
$204K -$1.53K -16 -0.6%
KJHP
72
K.J. Harrison & Partners
Ontario, Canada
$181K -$454K -4,750 -66%
Canada Life
73
Canada Life
Manitoba, Canada
$170K -$2.42M -25,308 -92%
RIG
74
Roosevelt Investment Group
New York
$157K
Envestnet Asset Management
75
Envestnet Asset Management
Illinois
$153K -$74.8K -782 -28%

PDS Hedge Fund Activity: Q3 2015 in Review

125 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q3 2015, worth a combined $824M — down 37% from $1.3B a quarter earlier.

Fund positioning in PDS was balanced in Q3 2015: 14 funds opened new positions, 14 closed out, 56 added to existing stakes and 33 trimmed.

The largest buyer was Franklin Resources, adding an estimated $38.5M. The largest seller was Fidelity Investments, cutting an estimated $15.2M.

  • 125 institutional investors held Precision Drilling (PDS) as of Q3 2015, unchanged from Q2 2015.
  • Funds reported $824M of Precision Drilling stock for Q3 2015, down 37% quarter-over-quarter.
  • 14 funds opened new Precision Drilling positions in Q3 2015 and 14 closed out, a net change of 0 holders.
  • The largest Precision Drilling buyer in Q3 2015 was Franklin Resources, an estimated $38.5M added.
  • The largest Precision Drilling seller in Q3 2015 was Fidelity Investments, an estimated $15.2M sold.

Based on aggregated 13F filings for Q3 2015.