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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
D.E. Shaw & Co
51
D.E. Shaw & Co
New York
$2.16M +$1.95M +19,791 New
Renaissance Technologies
52
Renaissance Technologies
New York
$2.13M -$46.8K -476 -2%
CIBC Asset Management
53
CIBC Asset Management
Ontario, Canada
$1.96M +$1.17M +11,925 +198%
EAM
54
EverPoint Asset Management
Connecticut
$1.64M +$1.48M +15,000 New
Northern Trust
55
Northern Trust
Illinois
$1.49M -$3.1M -31,493 -70%
Goldman Sachs
56
Goldman Sachs
New York
$1.48M -$1.55M -15,756 -54%
Bank of America
57
Bank of America
North Carolina
$1.3M -$787K -7,997 -40%
HI
58
HBK Investments
Texas
$1.11M -$976K -9,918 -49%
Deutsche Bank
59
Deutsche Bank
Germany
$1.06M -$24.8M -251,710 -96%
BFA
60
BlackRock Fund Advisors
California
$1.05M -$2.36K -24 -0.2%
VOYA Investment Management
61
VOYA Investment Management
Georgia
$948K
Manulife (Manufacturers Life Insurance)
62
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$931K +$1.77K +18 +0.2%
Invesco
63
Invesco
Georgia
$895K +$42.2K +429 +6%
ARTA
64
A.R.T. Advisors
New York
$768K +$694K +7,050 New
Bank of Nova Scotia
65
Bank of Nova Scotia
Ontario, Canada
$733K -$41.1K -418 -6%
SC
66
Scotia Capital
Ontario, Canada
$727K +$24.4K +248 +4%
SCM
67
Signia Capital Management
Washington
$722K +$652K +6,622 New
CSS
68
Cubist Systematic Strategies
Connecticut
$679K +$433K +4,399 +239%
AP
69
AHL Partners
United Kingdom
$679K +$614K +6,237 New
Toronto Dominion Bank
70
Toronto Dominion Bank
Ontario, Canada
$635K -$3.04M -30,925 -84%
UBS AM
71
UBS AM
Illinois
$561K -$346K -3,515 -41%
CM
72
CoreCommodity Management
Connecticut
$557K
PIC
73
PCJ Investment Counsel
Ontario, Canada
$545K
PGCM
74
Prescott Group Capital Management
Oklahoma
$545K +$492K +5,000 New
BIT
75
BlackRock Institutional Trust
California
$539K -$641K -6,512 -57%

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.