Precision Drilling
117 hedge funds and large institutions have $245M invested in Precision Drilling in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 42 reducing their positions, and 26 closing their positions.
0.13% less ownership
Funds ownership: 2.56% → 2.43% (-0.13%)
7% less funds holding
Funds holding: 126 → 117 (-9)
12% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 42
27% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 26
30% less call options, than puts
Call options by funds: $167K | Put options by funds: $237K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
53% less capital invested
Capital invested by funds: $522M → $245M (-$276M)
Top Buyers
Top Sellers
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$20.1M |
| 2 |
LCM
Lonestar Capital Management
San Francisco,
California
|
-$15.6M |
| 3 |
NP
Ninepoint Partners
Toronto,
Ontario, Canada
|
-$8.01M |
| 4 |
SCM
Sirios Capital Management
Boston,
Massachusetts
|
-$4.93M |
| 5 |
Goldman Sachs
New York
|
-$4.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VI
126
Versor Investments
New York
| – | -$85K | -1,235 | Closed |
|
|
EOCM
127
Energy Opportunities Capital Management
Austin,
Texas
| – | -$84K | -1,219 | Closed |
|
128
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$52K | -760 | Closed |
|
129
Simplex Trading
Chicago,
Illinois
| – | -$35.5K | -717 | Closed |
|
|
TH
130
Timber Hill
Greenwich,
Connecticut
| – | -$48K | -691 | Closed |
|
|
MWNA
131
Marshall Wace North America
New York
| – | -$42K | -615 | Closed |
|
132
Citigroup
New York
| – | -$7.28K | -147 | -89% |
|
133
JP Morgan Chase
New York
| – | -$3.17K | -64 | -84% |
|
|
CWM
134
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$321K | -44 | Closed |
|
135
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$1K | -21 | Closed |
|
|
AF
136
Advisornet Financial
Minnetonka,
Minnesota
| – | +$248 | +5 | New |
|
|
NSG
137
Nalls Sherbakoff Group
Knoxville,
Tennessee
| – | +$248 | +5 | New |
|
|
AIC
138
Ameritas Investment Company
Lincoln,
Nebraska
| – | +$495 | +10 | New |
|
|
OIA
139
OneDigital Investment Advisors
Overland Park,
Kansas
| – | +$545 | +11 | New |
|
PDS Hedge Fund Activity: Q4 2018 in Review
117 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q4 2018, worth a combined $245M — down 53% from $522M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PDS and 19 opened new positions — a net loss of 7 holders — while 42 trimmed existing stakes and 37 added.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $16.4M. The largest seller was Fidelity International, cutting an estimated $20.1M.
- 117 institutional investors held Precision Drilling (PDS) as of Q4 2018, down from 126 in Q3 2018.
- Funds reported $245M of Precision Drilling stock for Q4 2018, down 53% quarter-over-quarter.
- 19 funds opened new Precision Drilling positions in Q4 2018 and 26 closed out, a net change of -7 holders.
- The largest Precision Drilling buyer in Q4 2018 was Encompass Capital Advisors, an estimated $16.4M added.
- The largest Precision Drilling seller in Q4 2018 was Fidelity International, an estimated $20.1M sold.
Based on aggregated 13F filings for Q4 2018.