Precision Drilling
128 hedge funds and large institutions have $415M invested in Precision Drilling in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 49 reducing their positions, and 18 closing their positions.
538% more call options, than puts
Call options by funds: $370K | Put options by funds: $58K
0.21% less ownership
Funds ownership: 2.52% → 2.31% (-0.21%)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
2% less funds holding
Funds holding: 130 → 128 (-2)
10% less capital invested
Capital invested by funds: $459M → $415M (-$44.6M)
24% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$14M |
| 2 |
MWNA
Marshall Wace North America
New York
|
+$11.1M |
| 3 |
MLIM
Mountain Lake Investment Management
Boca Raton,
Florida
|
+$6.04M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$3.59M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$30.6M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$25.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.48M |
| 4 |
Morgan Stanley
New York
|
-$3.45M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$3.33M |
PDS Hedge Fund Activity: Q4 2017 in Review
128 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q4 2017, worth a combined $415M — down 9.7% from $459M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PDS and 17 opened new positions — a net loss of 1 holder — while 49 trimmed existing stakes and 37 added.
The largest buyer was Fidelity Investments, adding an estimated $14M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $30.6M sold.
- 128 institutional investors held Precision Drilling (PDS) as of Q4 2017, down from 130 in Q3 2017.
- Funds reported $415M of Precision Drilling stock for Q4 2017, down 9.7% quarter-over-quarter.
- 17 funds opened new Precision Drilling positions in Q4 2017 and 18 closed out, a net change of -1 holder.
- The largest Precision Drilling buyer in Q4 2017 was Fidelity Investments, an estimated $14M added.
- The largest Precision Drilling seller in Q4 2017 was 1832 Asset Management, an estimated $30.6M sold.
Based on aggregated 13F filings for Q4 2017.