Precision Drilling
162 hedge funds and large institutions have $2.04B invested in Precision Drilling in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 61 increasing their positions, 59 reducing their positions, and 28 closing their positions.
71% more call options, than puts
Call options by funds: $21.8M | Put options by funds: $12.7M
3% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 59
0.11% less ownership
Funds ownership: 3.34% → 3.23% (-0.11%)
5% less funds holding
Funds holding: 170 → 162 (-8)
25% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 28
26% less capital invested
Capital invested by funds: $2.76B → $2.04B (-$727M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
Top Sellers
PDS Hedge Fund Activity: Q3 2014 in Review
162 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q3 2014, worth a combined $2.04B — down 26% from $2.76B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of PDS and 21 opened new positions — a net loss of 7 holders — while 59 trimmed existing stakes and 61 added.
The largest buyer was Systematic Financial Management, adding an estimated $69.8M. The largest seller was Tetrem Capital Management, exiting entirely with an estimated $88.2M sold.
- 162 institutional investors held Precision Drilling (PDS) as of Q3 2014, down from 170 in Q2 2014.
- Funds reported $2.04B of Precision Drilling stock for Q3 2014, down 26% quarter-over-quarter.
- 21 funds opened new Precision Drilling positions in Q3 2014 and 28 closed out, a net change of -7 holders.
- The largest Precision Drilling buyer in Q3 2014 was Systematic Financial Management, an estimated $69.8M added.
- The largest Precision Drilling seller in Q3 2014 was Tetrem Capital Management, an estimated $88.2M sold.
Based on aggregated 13F filings for Q3 2014.