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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
SAM
101
Shell Asset Management
Netherlands
$964K +$107K +414 +15%
Goldman Sachs
102
Goldman Sachs
New York
$956K -$243K -941 -22%
AIM
103
Acuity Investment Management
Ontario, Canada
$884K -$3.93M -15,240 -83%
ACI
104
AMP Capital Investors
Australia
$843K +$776K +3,007 New
Capital Fund Management (CFM)
105
Capital Fund Management (CFM)
France
$778K -$1.21M -4,702 -63%
DRZID
106
DePrince Race & Zollo Inc (DRZ)
Florida
$708K -$67.9M -263,084 -99%
RIG
107
Roosevelt Investment Group
New York
$598K
Barclays
108
Barclays
United Kingdom
$588K +$101K +391 +23%
Bank of New York Mellon
109
Bank of New York Mellon
New York
$580K -$99.3K -385 -16%
U
110
UBS
Switzerland
$547K -$4.66M -18,063 -90%
ST
111
Spot Trading
Illinois
$525K +$362K +1,404 +312%
Comerica Bank
112
Comerica Bank
Texas
$517K -$1.9M -7,357 -80%
SI
113
Stephens Inc
Arkansas
$432K -$258 -1 -0.1%
CMANY
114
Capital Management Associates (New York)
New York
$425K
SIM
115
Spark Investment Management
New York
$424K +$387K +1,500 New
Creative Planning
116
Creative Planning
Kansas
$422K +$347K +1,345 +934%
WSCM
117
Wellington Shields Capital Management
New York
$401K +$155K +600 +74%
T
118
TradeWorx
New Jersey
$392K +$357K +1,386 New
SKK
119
Shepherd Kaplan Krochuk
Massachusetts
$329K +$300K +1,163 New
TDC
120
Thompson Davis & Co
Virginia
$326K +$255K +990 +615%
FMT
121
First Mercantile Trust
Tennessee
$322K -$172K -665 -37%
CM
122
CoreCommodity Management
Connecticut
$310K +$282K +1,094 New
CC
123
Cipher Capital
New York
$309K +$281K +1,091 New
Mackenzie Financial
124
Mackenzie Financial
Ontario, Canada
$297K -$120K -466 -31%
California State Teachers Retirement System (CalSTRS)
125
California State Teachers Retirement System (CalSTRS)
California
$295K +$269K +1,043 New

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.