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PDS

Precision Drilling

126 hedge funds and large institutions have $1.88B invested in Precision Drilling in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 45 increasing their positions, 43 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 9

62% more call options, than puts

Call options by funds: $2.17M | Put options by funds: $1.34M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

19% more capital invested

Capital invested by funds: $1.58B → $1.88B (+$306M)

4% more funds holding

Funds holding: 121126 (+5)

5% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 43

0.1% more ownership

Funds ownership: 3.3%3.4% (+0.1%)

Holders
126
Holders Change
+5
Holders Change %
+4.13%
% of All Funds
4.09%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.1%
New
16
Increased
45
Reduced
43
Closed
9
Calls
$2.17M
Puts
$1.34M
Net Calls
+$834K
Net Calls Change
+$280K
Name Holding Trade Value Shares
Change
Change in
Stake
First Manhattan
101
First Manhattan
New York
$119K
TC
102
TFS Capital
Pennsylvania
$118K -$183K -921 -61%
Commonwealth Equity Services
103
Commonwealth Equity Services
Massachusetts
$110K -$24.2K -122 -18%
OMCS
104
Old Mutual Customised Solutions
South Africa
$87K
Fifth Third Bancorp
105
Fifth Third Bancorp
Ohio
$80K
AllianceBernstein
106
AllianceBernstein
Tennessee
$78K +$27.8K +140 +56%
MWAM
107
Mariner Wealth Advisors (Madison)
Kansas
$53K
HIM
108
Hillsdale Investment Management
Ontario, Canada
$49K +$48.6K +245 New
AIG
109
American International Group
New York
$41.8K -$3.77K -19 -8%
US Bancorp
110
US Bancorp
Minnesota
$34K -$66.3K -334 -66%
Creative Planning
111
Creative Planning
Kansas
$30K
SC
112
Saturna Capital
Washington
$29K
GT
113
Glenmede Trust
Pennsylvania
$28K
Group One Trading
114
Group One Trading
Illinois
$26K -$42.7K -215 -62%
Citigroup
115
Citigroup
New York
$26K -$7.14K -36 -22%
LTFS
116
Ladenburg Thalmann Financial Services
Florida
$21K -$6.75K -34 -25%
PCM
117
Prelude Capital Management
New York
$15K +$14.9K +75 New
MFS
118
MSI Financial Services
Massachusetts
$10K +$9.32K +47 +2,350%
EFSCE
119
Enterprise Financial Services Corp (EFSC)
Missouri
$8K
QT
120
Quantbot Technologies
New York
$6K -$83.7K -422 -93%
TRCT
121
Tower Research Capital (TRC)
New York
$4K -$188K -950 -98%
Axa
122
Axa
France
$3K
FWM
123
Focused Wealth Management
New York
$3K +$2.78K +14 New
CPS
124
Counsel Portfolio Services
Ontario, Canada
$1.23K -$11.9K -60 -1%
LIA
125
LS Investment Advisors
Michigan
$1K

PDS Hedge Fund Activity: Q3 2013 in Review

126 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q3 2013, worth a combined $1.88B — up 19% from $1.58B a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new PDS positions and 9 closed out — a net gain of 7 holders — while 45 added to existing stakes and 43 trimmed.

The largest buyer was Tetrem Capital Management, opening a new position worth an estimated $53.7M. The largest seller was 1832 Asset Management, cutting an estimated $58.3M.

  • 126 institutional investors held Precision Drilling (PDS) as of Q3 2013, up from 121 in Q2 2013.
  • Funds reported $1.88B of Precision Drilling stock for Q3 2013, up 19% quarter-over-quarter.
  • 16 funds opened new Precision Drilling positions in Q3 2013 and 9 closed out, a net change of +7 holders.
  • The largest Precision Drilling buyer in Q3 2013 was Tetrem Capital Management, an estimated $53.7M added.
  • The largest Precision Drilling seller in Q3 2013 was 1832 Asset Management, an estimated $58.3M sold.

Based on aggregated 13F filings for Q3 2013.