Precision Drilling
127 hedge funds and large institutions have $519M invested in Precision Drilling in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 47 reducing their positions, and 13 closing their positions.
78% more call options, than puts
Call options by funds: $549K | Put options by funds: $308K
24% more capital invested
Capital invested by funds: $417M → $519M (+$102M)
0.11% more ownership
Funds ownership: 2.55% → 2.65% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 130 → 127 (-3)
13% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 47
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$56.6M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$11.8M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$5.9M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$5.63M |
| 5 |
Morgan Stanley
New York
|
-$4.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Janus Henderson Group
London,
United Kingdom
| – | -$611K | -10,994 | Closed |
|
|
QIM
127
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$492K | -8,885 | Closed |
|
|
VF
128
Virtu Financial
New York
| – | -$169K | -3,048 | Closed |
|
129
Walleye Trading
New York
| – | -$110K | -1,981 | Closed |
|
|
NIM
130
NXG Investment Management
Dallas,
Texas
| – | -$104K | -1,875 | Closed |
|
|
WVP
131
Worth Venture Partners
Fort Lee,
New Jersey
| – | -$47K | -850 | Closed |
|
|
WAM
132
World Asset Management
Detroit,
Michigan
| – | -$33K | -597 | Closed |
|
133
Group One Trading
Chicago,
Illinois
| – | -$38.6K | -575 | Closed |
|
|
IIC
134
Integrated Investment Consultants
Bloomfield Hills,
Michigan
| – | -$6K | -100 | Closed |
|
135
Envestnet Asset Management
Chicago,
Illinois
| – | -$336 | -5 | Closed |
|
PDS Hedge Fund Activity: Q2 2018 in Review
127 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q2 2018, worth a combined $519M — up 24% from $417M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PDS and 10 opened new positions — a net loss of 3 holders — while 47 trimmed existing stakes and 41 added.
The largest buyer was Fidelity International, opening a new position worth an estimated $86.5M. The largest seller was Fidelity Investments, cutting an estimated $56.6M.
- 127 institutional investors held Precision Drilling (PDS) as of Q2 2018, down from 130 in Q1 2018.
- Funds reported $519M of Precision Drilling stock for Q2 2018, up 24% quarter-over-quarter.
- 10 funds opened new Precision Drilling positions in Q2 2018 and 13 closed out, a net change of -3 holders.
- The largest Precision Drilling buyer in Q2 2018 was Fidelity International, an estimated $86.5M added.
- The largest Precision Drilling seller in Q2 2018 was Fidelity Investments, an estimated $56.6M sold.
Based on aggregated 13F filings for Q2 2018.