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PDS

Precision Drilling

125 hedge funds and large institutions have $1.3B invested in Precision Drilling in 2015 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 53 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

470% more call options, than puts

Call options by funds: $7.67M | Put options by funds: $1.35M

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

2% more capital invested

Capital invested by funds: $1.28B → $1.3B (+$22.3M)

0.03% less ownership

Funds ownership: 3.41%3.38% (-0.03%)

5% less funds holding

Funds holding: 131125 (-6)

22% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 23

42% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 53

Holders
125
Holders Change
-6
Holders Change %
-4.58%
% of All Funds
3.37%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
18
Increased
31
Reduced
53
Closed
23
Calls
$7.67M
Puts
$1.35M
Net Calls
+$6.33M
Net Calls Change
+$5.88M
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
101
PNC Financial Services Group
Pennsylvania
$36K -$16.6K -120 -31%
Barclays
102
Barclays
United Kingdom
$28K -$12.3K -89 -28%
Citigroup
103
Citigroup
New York
$21K -$73.9K -533 -77%
Group One Trading
104
Group One Trading
Illinois
$18K -$205K -1,475 -92%
FNYS
105
First New York Securities
New York
$15.1K -$2.36K -17 -13%
Zurich Cantonal Bank
106
Zurich Cantonal Bank
Switzerland
$14K -$69.4K -500 -83%
Fifth Third Bancorp
107
Fifth Third Bancorp
Ohio
$13K +$6.94K +50 +100%
WTB
108
Washington Trust Bank
Washington
$11K
AIG
109
American International Group
New York
$9.47K +$9.29K +67 +2,233%
LTFS
110
Ladenburg Thalmann Financial Services
Florida
$9K
HCMT
111
Highland Capital Management (Tennessee)
Tennessee
$9K +$9.43K +68 New
Manulife (Manufacturers Life Insurance)
112
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$8.16K -$975K -7,031 -10%
RAM
113
Riggs Asset Management
Pennsylvania
$7K
GT
114
Glenmede Trust
Pennsylvania
$5K
NFG
115
Next Financial Group
Texas
$3K
VNA
116
Valley National Advisers
Pennsylvania
$3K
N
117
Nuveen
North Carolina
$2.48K +$2.05M +14,750 New
AF
118
Allworth Financial
California
$2K
S
119
SignatureFD
Georgia
$2K +$1.8K +13 New
LIA
120
LS Investment Advisors
Michigan
$1K
TDC
121
Thompson Davis & Co
Virginia
$1K
AWS
122
Aris Wealth Services
Pennsylvania
$1K +$1.11K +8 New
WEC
123
Winslow Evans & Crocker
Massachusetts
$34
Boston Partners
124
Boston Partners
Massachusetts
-$14.4M -113,819 Closed
SCM
125
SIR Capital Management
New York
-$8.55M -67,405 Closed

PDS Hedge Fund Activity: Q2 2015 in Review

125 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q2 2015, worth a combined $1.3B — up 1.7% from $1.28B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of PDS and 18 opened new positions — a net loss of 5 holders — while 53 trimmed existing stakes and 31 added.

The largest buyer was Franklin Resources, adding an estimated $150M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $73M.

  • 125 institutional investors held Precision Drilling (PDS) as of Q2 2015, down from 131 in Q1 2015.
  • Funds reported $1.3B of Precision Drilling stock for Q2 2015, up 1.7% quarter-over-quarter.
  • 18 funds opened new Precision Drilling positions in Q2 2015 and 23 closed out, a net change of -5 holders.
  • The largest Precision Drilling buyer in Q2 2015 was Franklin Resources, an estimated $150M added.
  • The largest Precision Drilling seller in Q2 2015 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $73M sold.

Based on aggregated 13F filings for Q2 2015.