Precision Drilling
121 hedge funds and large institutions have $910M invested in Precision Drilling in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 40 increasing their positions, 44 reducing their positions, and 20 closing their positions.
0.03% less ownership
Funds ownership: 3.75% → 3.72% (-0.03%)
9% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 44
8% less funds holding
Funds holding: 132 → 121 (-11)
22% less capital invested
Capital invested by funds: $1.16B → $910M (-$253M)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
93% less call options, than puts
Call options by funds: $774K | Put options by funds: $11.8M
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Aviva
London,
United Kingdom
| – | -$608K | -5,735 | Closed |
|
127
Two Sigma Advisers
New York
| – | -$511K | -4,841 | Closed |
|
|
ARTA
128
A.R.T. Advisors
New York
| – | -$321K | -3,031 | Closed |
|
|
AP
129
AHL Partners
London,
United Kingdom
| – | -$306K | -2,885 | Closed |
|
|
JG
130
Jefferies Group
New York
| – | -$100K | -1,042 | Closed |
|
131
Geode Capital Management
Boston,
Massachusetts
| – | -$106K | -1,000 | Closed |
|
|
SSA
132
Schonfeld Strategic Advisors
New York
| – | -$58K | -546 | Closed |
|
|
CBU
133
CIBC Bank USA
Chicago,
Illinois
| – | -$55K | -517 | Closed |
|
|
TRCT
134
Tower Research Capital (TRC)
New York
| – | -$51K | -488 | Closed |
|
|
AIM
135
Acrospire Investment Management
Chicago,
Illinois
| – | -$40K | -379 | Closed |
|
|
QT
136
Quantbot Technologies
New York
| – | -$29K | -278 | Closed |
|
137
DekaBank Deutsche Girozentrale
Frankfurt,
Germany
| – | -$13K | -124 | Closed |
|
|
FMP
138
Financial Management Professionals
Austin,
Texas
| – | -$5K | -54 | Closed |
|
139
Group One Trading
Chicago,
Illinois
| – | -$3.51K | -40 | Closed |
|
PDS Hedge Fund Activity: Q3 2016 in Review
121 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q3 2016, worth a combined $910M — down 22% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of PDS and 12 opened new positions — a net loss of 8 holders — while 44 trimmed existing stakes and 40 added.
The largest buyer was 1832 Asset Management, adding an estimated $54.7M. The largest seller was Fidelity Investments, cutting an estimated $26.7M.
- 121 institutional investors held Precision Drilling (PDS) as of Q3 2016, down from 132 in Q2 2016.
- Funds reported $910M of Precision Drilling stock for Q3 2016, down 22% quarter-over-quarter.
- 12 funds opened new Precision Drilling positions in Q3 2016 and 20 closed out, a net change of -8 holders.
- The largest Precision Drilling buyer in Q3 2016 was 1832 Asset Management, an estimated $54.7M added.
- The largest Precision Drilling seller in Q3 2016 was Fidelity Investments, an estimated $26.7M sold.
Based on aggregated 13F filings for Q3 2016.