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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
VKH
76
Virtu KCG Holdings
New York
$499K +$75.4K +766 +20%
Two Sigma Advisers
77
Two Sigma Advisers
New York
$459K +$414K +4,212 New
Bank of New York Mellon
78
Bank of New York Mellon
New York
$447K -$3.94K -40 -1%
CMANY
79
Capital Management Associates (New York)
New York
$436K +$394K +4,000 New
KJHP
80
K.J. Harrison & Partners
Ontario, Canada
$423K +$192K +1,950 +101%
DRZID
81
DePrince Race & Zollo Inc (DRZ)
Florida
$382K +$344K +3,500 New
SSA
82
Schonfeld Strategic Advisors
New York
$338K +$305K +3,104 New
Canada Life
83
Canada Life
Manitoba, Canada
$309K -$787 -8 -0.3%
Envestnet Asset Management
84
Envestnet Asset Management
Illinois
$276K +$689 +7 +0.3%
Axa
85
Axa
France
$272K +$28.8K +293 +13%
LPL Financial
86
LPL Financial
California
$246K +$95K +966 +77%
NIT
87
NumerixS Investment Technologies
British Columbia, Canada
$245K +$20.7K +210 +10%
JP Morgan Chase
88
JP Morgan Chase
New York
$241K +$218K +2,212 New
SAM
89
Shell Asset Management
Netherlands
$225K -$4.92K -50 -3%
AQR Capital Management
90
AQR Capital Management
Connecticut
$223K +$201K +2,038 New
GC
91
Guggenheim Capital
Illinois
$213K -$11K -112 -5%
Jane Street
92
Jane Street
New York
$195K +$69K +701 +64%
Comerica Bank
93
Comerica Bank
Texas
$186K +$12.7K +129 +8%
GCC
94
Guardian Capital (Canada)
Ontario, Canada
$186K +$168K +1,705 New
DTL
95
Dynamic Technology Lab
Singapore
$175K -$211K -2,141 -57%
PAM
96
Princeton Alpha Management
New Jersey
$174K -$323K -3,288 -67%
WAS
97
Winch Advisory Services
Wisconsin
$168K +$152K +1,544 New
JG
98
Jefferies Group
New York
$136K +$137K +1,392 New
GS
99
Girard Securities
California
$135K
Citigroup
100
Citigroup
New York
$129K +$40.8K +415 +54%

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.