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PDS

Precision Drilling

125 hedge funds and large institutions have $1.3B invested in Precision Drilling in 2015 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 53 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

470% more call options, than puts

Call options by funds: $7.67M | Put options by funds: $1.35M

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

2% more capital invested

Capital invested by funds: $1.28B → $1.3B (+$22.3M)

0.03% less ownership

Funds ownership: 3.41%3.38% (-0.03%)

5% less funds holding

Funds holding: 131125 (-6)

22% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 23

42% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 53

Holders
125
Holders Change
-6
Holders Change %
-4.58%
% of All Funds
3.37%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
18
Increased
31
Reduced
53
Closed
23
Calls
$7.67M
Puts
$1.35M
Net Calls
+$6.33M
Net Calls Change
+$5.88M
Name Holding Trade Value Shares
Change
Change in
Stake
MSFP
76
Mark Sheptoff Financial Planning
Connecticut
$273K -$34.1K -246 -11%
CI
77
Cambiar Investors
Colorado
$271K +$280K +2,015 New
UBS Group
78
UBS Group
Switzerland
$229K -$34.7K -250 -13%
CMANY
79
Capital Management Associates (New York)
New York
$202K
TRCT
80
Tower Research Capital (TRC)
New York
$150K +$13.5K +97 +10%
MBI
81
Montrusco Bolton Investments
Quebec, Canada
$133K +$137K +991 New
Citadel Advisors
82
Citadel Advisors
Florida
$133K +$138K +992 New
WAM
83
World Asset Management
Michigan
$94K -$6.24K -45 -6%
SI
84
Stephens Inc
Arkansas
$88K +$91.3K +658 New
QC
85
Quadrature Capital
United Kingdom
$83K +$84.6K +610 New
TC
86
TFS Capital
Pennsylvania
$82K -$33.6K -242 -28%
PA
87
Pinnacle Associates
New York
$80K
GVT
88
Genesee Valley Trust
New York
$79K -$270K -1,948 -77%
PPA
89
Parametric Portfolio Associates
Washington
$79K +$81.3K +586 New
LPL Financial
90
LPL Financial
California
$78K +$6.1K +44 +7%
SCM
91
Sterneck Capital Management
Missouri
$74K +$76.3K +550 New
ICAS
92
Investors Capital Advisory Services
Massachusetts
$70K -$1.39K -10 -2%
ONB
93
Old National Bancorp
Indiana
$67K
CBU
94
CIBC Bank USA
Illinois
$67K +$69.6K +502 New
CSS
95
Cubist Systematic Strategies
Connecticut
$62K +$60.5K +436 +1,744%
OMCS
96
Old Mutual Customised Solutions
South Africa
$59K
DekaBank Deutsche Girozentrale
97
DekaBank Deutsche Girozentrale
Germany
$56K +$57.6K +415 New
US Bancorp
98
US Bancorp
Minnesota
$47K +$17.1K +123 +53%
CS
99
Credential Securities
$44.5K -$555 -4 -1%
Fiera Capital (Canada)
100
Fiera Capital (Canada)
Quebec, Canada
$36.1K -$3.91M -28,183 -10%

PDS Hedge Fund Activity: Q2 2015 in Review

125 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q2 2015, worth a combined $1.3B — up 1.7% from $1.28B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of PDS and 18 opened new positions — a net loss of 5 holders — while 53 trimmed existing stakes and 31 added.

The largest buyer was Franklin Resources, adding an estimated $150M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $73M.

  • 125 institutional investors held Precision Drilling (PDS) as of Q2 2015, down from 131 in Q1 2015.
  • Funds reported $1.3B of Precision Drilling stock for Q2 2015, up 1.7% quarter-over-quarter.
  • 18 funds opened new Precision Drilling positions in Q2 2015 and 23 closed out, a net change of -5 holders.
  • The largest Precision Drilling buyer in Q2 2015 was Franklin Resources, an estimated $150M added.
  • The largest Precision Drilling seller in Q2 2015 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $73M sold.

Based on aggregated 13F filings for Q2 2015.