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PDS

Precision Drilling

170 hedge funds and large institutions have $2.76B invested in Precision Drilling in 2014 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 56 increasing their positions, 56 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,108% more call options, than puts

Call options by funds: $8.82M | Put options by funds: $730K

45% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 29

21% more capital invested

Capital invested by funds: $2.28B → $2.76B (+$483M)

8% more funds holding

Funds holding: 157170 (+13)

0.1% more ownership

Funds ownership: 3.24%3.34% (+0.1%)

0% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 56

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
170
Holders Change
+13
Holders Change %
+8.28%
% of All Funds
4.89%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.11%
New
42
Increased
56
Reduced
56
Closed
29
Calls
$8.82M
Puts
$730K
Net Calls
+$8.09M
Net Calls Change
+$6.98M
Name Holding Trade Value Shares
Change
Change in
Stake
PAAMCP
76
Pacific Alternative Asset Management Company (PAAMCO)
California
$3.15M +$2.87M +11,119 New
Franklin Resources
77
Franklin Resources
California
$3.11M -$656K -2,543 -19%
Wells Fargo
78
Wells Fargo
California
$3.04M +$1.66M +6,432 +150%
Northern Trust
79
Northern Trust
Illinois
$2.95M +$1.65M +6,396 +159%
CS
80
Credit Suisse
Switzerland
$2.94M +$278K +1,079 +12%
Ameriprise
81
Ameriprise
Minnesota
$2.9M -$1.37M -5,310 -34%
Toronto Dominion Bank
82
Toronto Dominion Bank
Ontario, Canada
$2.83M -$144K -557 -5%
PP
83
PDT Partners
New York
$2.73M -$1.75M -6,768 -41%
Marshall Wace
84
Marshall Wace
United Kingdom
$2.16M -$5.23M -20,271 -73%
WI
85
WHV Investments
California
$2.11M -$115K -444 -6%
Jane Street
86
Jane Street
New York
$1.94M +$637K +2,470 +56%
EAM
87
EverPoint Asset Management
Connecticut
$1.77M +$1.61M +6,250 New
CCM
88
Coe Capital Management
Illinois
$1.71M -$1.59M -6,147 -50%
Legal & General Group
89
Legal & General Group
United Kingdom
$1.7M +$78.7K +305 +5%
SCM
90
Stevens Capital Management
Pennsylvania
$1.61M +$1.46M +5,672 New
HI
91
HBK Investments
Texas
$1.6M +$126K +490 +10%
COPPSERS
92
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$1.56M -$842K -3,263 -37%
UBS AM
93
UBS AM
Illinois
$1.39M +$182K +705 +17%
Arrowstreet Capital
94
Arrowstreet Capital
Massachusetts
$1.29M -$2.65M -10,281 -69%
BACM
95
Blue Arrow Capital Management
New York
$1.27M +$1.16M +4,500 New
Bank of Nova Scotia
96
Bank of Nova Scotia
Ontario, Canada
$1.21M +$186K +720 +20%
PPA
97
Parametric Portfolio Associates
Washington
$1.08M -$77.1K -299 -7%
ICAP
98
Independence Capital Asset Partners
Colorado
$1.06M +$967K +3,750 New
Manulife (Manufacturers Life Insurance)
99
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$983K -$916K -3,551 -51%
AG
100
Aperio Group
California
$968K +$186K +721 +27%

PDS Hedge Fund Activity: Q2 2014 in Review

170 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q2 2014, worth a combined $2.76B — up 21% from $2.28B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new PDS positions and 29 closed out — a net gain of 13 holders — while 56 added to existing stakes and 56 trimmed.

The largest buyer was Systematic Financial Management, opening a new position worth an estimated $121M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $67.9M.

  • 170 institutional investors held Precision Drilling (PDS) as of Q2 2014, up from 157 in Q1 2014.
  • Funds reported $2.76B of Precision Drilling stock for Q2 2014, up 21% quarter-over-quarter.
  • 42 funds opened new Precision Drilling positions in Q2 2014 and 29 closed out, a net change of +13 holders.
  • The largest Precision Drilling buyer in Q2 2014 was Systematic Financial Management, an estimated $121M added.
  • The largest Precision Drilling seller in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $67.9M sold.

Based on aggregated 13F filings for Q2 2014.