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PDS

Precision Drilling

149 hedge funds and large institutions have $1.16B invested in Precision Drilling in 2016 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 36 increasing their positions, 56 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

467% more first-time investments, than exits

New positions opened: 34 | Existing positions closed: 6

38% more call options, than puts

Call options by funds: $554K | Put options by funds: $401K

27% more capital invested

Capital invested by funds: $910M → $1.16B (+$246M)

23% more funds holding

Funds holding: 121149 (+28)

0.03% less ownership

Funds ownership: 3.72%3.69% (-0.03%)

36% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 56

Holders
149
Holders Change
+28
Holders Change %
+23.14%
% of All Funds
3.73%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
34
Increased
36
Reduced
56
Closed
6
Calls
$554K
Puts
$401K
Net Calls
+$153K
Net Calls Change
+$11.2M
Name Holding Trade Value Shares
Change
Change in
Stake
AG
126
Advisor Group
Arizona
$27K -$2.26K -23 -9%
AIM
127
Acrospire Investment Management
Illinois
$24K +$21.3K +217 New
AIM
128
Anchor Investment Management
South Carolina
$22.1K
LTFS
129
Ladenburg Thalmann Financial Services
Florida
$20K
TRCT
130
Tower Research Capital (TRC)
New York
$20K +$13.5K +137 New
CS
131
Credential Securities
$16.7K -$984 -10 -6%
AssetMark Inc
132
AssetMark Inc
California
$15K -$590 -6 -4%
FANJ
133
Financial Architects (New Jersey)
New Jersey
$13K
Fifth Third Bancorp
134
Fifth Third Bancorp
Ohio
$11K
OC
135
Oakworth Capital
Alabama
$8K
PG
136
PEAK6 Group
Illinois
$7K +$6.59K +67 New
RAM
137
Riggs Asset Management
Pennsylvania
$6K
US Bancorp
138
US Bancorp
Minnesota
$6K
Group One Trading
139
Group One Trading
Illinois
$6K +$5.41K +55 New
IIC
140
Integrated Investment Consultants
Michigan
$5K -$38.4K -390 -89%
Simplex Trading
141
Simplex Trading
Illinois
$4K +$2.26K +23 +115%
MFS
142
MSI Financial Services
Massachusetts
$3K -$2.46K -25 -45%
Barclays
143
Barclays
United Kingdom
$3K +$2.66K +27 New
TDC
144
Thompson Davis & Co
Virginia
$2K
BIG
145
Bellwether Investment Group
Tennessee
$2K +$2.07K +21 New
IA
146
IFP Advisors
Florida
$1K
LIA
147
LS Investment Advisors
Michigan
$1K
WEC
148
Winslow Evans & Crocker
Massachusetts
$28
NIM
149
NXG Investment Management
Texas
-$2.87M -34,306 Closed
Verition Fund Management
150
Verition Fund Management
Connecticut
-$104K -1,245 Closed

PDS Hedge Fund Activity: Q4 2016 in Review

149 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q4 2016, worth a combined $1.16B — up 27% from $910M a quarter earlier.

Buyers outnumbered sellers: 34 funds opened new PDS positions and 6 closed out — a net gain of 28 holders — while 36 added to existing stakes and 56 trimmed.

The largest buyer was 1832 Asset Management, adding an estimated $102M. The largest seller was Franklin Resources, cutting an estimated $77.5M.

  • 149 institutional investors held Precision Drilling (PDS) as of Q4 2016, up from 121 in Q3 2016.
  • Funds reported $1.16B of Precision Drilling stock for Q4 2016, up 27% quarter-over-quarter.
  • 34 funds opened new Precision Drilling positions in Q4 2016 and 6 closed out, a net change of +28 holders.
  • The largest Precision Drilling buyer in Q4 2016 was 1832 Asset Management, an estimated $102M added.
  • The largest Precision Drilling seller in Q4 2016 was Franklin Resources, an estimated $77.5M sold.

Based on aggregated 13F filings for Q4 2016.