Precision Drilling
119 hedge funds and large institutions have $427M invested in Precision Drilling in 2024 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 42 increasing their positions, 35 reducing their positions, and 10 closing their positions.
81% more call options, than puts
Call options by funds: $5.97M | Put options by funds: $3.3M
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
20% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 35
6% more funds holding
Funds holding: 112 → 119 (+7)
0.79% more ownership
Funds ownership: 48.69% → 49.48% (+0.79%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $435M → $427M (-$8.84M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.17M |
| 2 |
Millennium Management
New York
|
+$6.78M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.06M |
| 4 |
Morgan Stanley
New York
|
+$4.54M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NP
Ninepoint Partners
Toronto,
Ontario, Canada
|
-$33.7M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
-$10.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.14M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$3.82M |
| 5 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$3.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWCS
126
Beirne Wealth Consulting Services
Shelton,
Connecticut
| – | -$202K | -3,270 | Closed |
|
|
GWSG
127
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$6.17K | -100 | Closed |
|
|
EWA
128
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$740 | -12 | Closed |
|
129
Fidelity Investments
Boston,
Massachusetts
| – | -$62 | -1 | Closed |
|
PDS Hedge Fund Activity: Q4 2024 in Review
119 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q4 2024, worth a combined $427M — down 2% from $435M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PDS positions and 10 closed out — a net gain of 8 holders — while 42 added to existing stakes and 35 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $9.17M. The largest seller was Ninepoint Partners, cutting an estimated $33.7M.
- 119 institutional investors held Precision Drilling (PDS) as of Q4 2024, up from 112 in Q3 2024.
- Funds reported $427M of Precision Drilling stock for Q4 2024, down 2% quarter-over-quarter.
- 18 funds opened new Precision Drilling positions in Q4 2024 and 10 closed out, a net change of +8 holders.
- The largest Precision Drilling buyer in Q4 2024 was Arrowstreet Capital, an estimated $9.17M added.
- The largest Precision Drilling seller in Q4 2024 was Ninepoint Partners, an estimated $33.7M sold.
Based on aggregated 13F filings for Q4 2024.