We are live on ! Find out more
PDS

Precision Drilling
PDS

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.

New
Increased
Maintained
Reduced
Closed

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

Holders
128
Holders Change
-2
Holders Change %
-1.54%
% of All Funds
2.9%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
17
Increased
37
Reduced
49
Closed
18
Calls
$370K
Puts
$58K
Net Calls
+$312K
Net Calls Change
+$336K

Top Buyers

1
Fidelity Investments
Fidelity Investments
Massachusetts
+$14M
2
MWNA
Marshall Wace North America
New York
+$11.1M
3
MLIM
Mountain Lake Investment Management
Florida
+$6.04M
4
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
+$3.59M
5
Fiera Capital (Canada)
Fiera Capital (Canada)
Quebec, Canada
+$3.5M

Top Sellers

1
1832 Asset Management
1832 Asset Management
Ontario, Canada
-$30.6M
2
Franklin Resources
Franklin Resources
California
-$25.2M
3
Bank of America
Bank of America
North Carolina
-$3.48M
4
Morgan Stanley
Morgan Stanley
New York
-$3.45M
5
TD Asset Management
TD Asset Management
Ontario, Canada
-$3.33M
Name Holding Trade Value Shares
Change 		Change in
Stake
SEI Investments
101
SEI Investments
Pennsylvania
$24K – – –
AssetMark Inc
102
AssetMark Inc
California
$21K -$2.3K -42 -11%
AG
103
Advisor Group
Arizona
$16K -$2.25K -41 -13%
Citigroup
104
Citigroup
New York
$13K -$9.86K -180 -46%
AIM
105
Anchor Investment Management
South Carolina
$12.2K – – –
LTFS
106
Ladenburg Thalmann Financial Services
Florida
$12K – – –
FCMT
107
Founders Capital Management (Texas)
Texas
$8K +$1.37K +25 +25%
US Bancorp
108
US Bancorp
Minnesota
$6K +$2.08K +38 +70%
WTB
109
Washington Trust Bank
Washington
$4K – – –
FRA
110
Front Row Advisors
California
$4K +$3.51K +64 New
RAM
111
Riggs Asset Management
Pennsylvania
$3K – – –
BlackRock
112
BlackRock
New York
$3K +$712 +13 +31%
Fifth Third Bancorp
113
Fifth Third Bancorp
Ohio
$3K +$986 +18 +72%
RR
114
Robotti Robert
$3K +$3.07K +56 New
CS
115
Credential Securities
$2.57K – – –
IA
116
IFP Advisors
Florida
$1K -$110 -2 -12%
CCM
117
Covington Capital Management
California
$1K – – –
OIA
118
OneDigital Investment Advisors
Kansas
$1K – – –
TDC
119
Thompson Davis & Co
Virginia
$1K – – –
VFA
120
Valeo Financial Advisors
Indiana
$1K – – –
SWP
121
Stratos Wealth Partners
Ohio
$1K +$548 +10 New
Walleye Trading
122
Walleye Trading
New York
$36 -$303K -5,531 -90%
WEC
123
Winslow Evans & Crocker
Massachusetts
$16 – – –
1832 Asset Management
124
1832 Asset Management
Ontario, Canada
– -$30.6M -509,310 Closed
SI
125
Sentry Investments
Ontario, Canada
– -$1.05M -13,525 Closed
2 3 4
5
6

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.