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PDS

Precision Drilling

170 hedge funds and large institutions have $2.76B invested in Precision Drilling in 2014 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 56 increasing their positions, 56 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,108% more call options, than puts

Call options by funds: $8.82M | Put options by funds: $730K

45% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 29

21% more capital invested

Capital invested by funds: $2.28B → $2.76B (+$483M)

8% more funds holding

Funds holding: 157170 (+13)

0.1% more ownership

Funds ownership: 3.24%3.34% (+0.1%)

0% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 56

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
170
Holders Change
+13
Holders Change %
+8.28%
% of All Funds
4.89%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.11%
New
42
Increased
56
Reduced
56
Closed
29
Calls
$8.82M
Puts
$730K
Net Calls
+$8.09M
Net Calls Change
+$6.98M
Name Holding Trade Value Shares
Change
Change in
Stake
WA
151
WFG Advisors
Texas
$43K
WTB
152
Washington Trust Bank
Washington
$38K +$34.6K +134 New
US Bancorp
153
US Bancorp
Minnesota
$37K
Citigroup
154
Citigroup
New York
$37K +$13.2K +51 +65%
CSS
155
Cubist Systematic Strategies
Connecticut
$19K +$17K +66 New
Envestnet Asset Management
156
Envestnet Asset Management
Illinois
$13K +$11.9K +46 New
MAA
157
Managed Account Advisors
New Jersey
$13K +$12.1K +47 New
BRWA
158
B. Riley Wealth Advisors
Florida
$12.3K +$11.3K +44 New
EFSCE
159
Enterprise Financial Services Corp (EFSC)
Missouri
$11K
Axa
160
Axa
France
$10K +$5.16K +20 +133%
LTFS
161
Ladenburg Thalmann Financial Services
Florida
$9K
AWCI
162
Alpine Woods Capital Investors
New York
$8.34K +$7.6M +29,450 New
AIG
163
American International Group
New York
$6.63K -$48.5K -188 -89%
FWM
164
Focused Wealth Management
New York
$4K
PTC
165
Private Trust Company
Ohio
$3K +$2.84K +11 New
LIA
166
LS Investment Advisors
Michigan
$2K
PNC Financial Services Group
167
PNC Financial Services Group
Pennsylvania
$2K +$2.58K +10 New
Parallax Volatility Advisers
168
Parallax Volatility Advisers
California
$1K -$774 -3 -43%
LWM
169
Lenox Wealth Management
Ohio
$1K
RFA
170
Reilly Financial Advisors
California
$1K +$1.29K +5 New
WEC
171
Winslow Evans & Crocker
Massachusetts
$71
SCA
172
SAC Capital Advisors
Connecticut
-$78.6M -328,109 Closed
SCM
173
Sigma Capital Management
Connecticut
-$23.2M -96,905 Closed
ECA
174
Encompass Capital Advisors
New York
-$12M -49,990 Closed
JP Morgan Chase
175
JP Morgan Chase
New York
-$10M -41,819 Closed

PDS Hedge Fund Activity: Q2 2014 in Review

170 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q2 2014, worth a combined $2.76B — up 21% from $2.28B a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new PDS positions and 29 closed out — a net gain of 13 holders — while 56 added to existing stakes and 56 trimmed.

The largest buyer was Systematic Financial Management, opening a new position worth an estimated $121M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $67.9M.

  • 170 institutional investors held Precision Drilling (PDS) as of Q2 2014, up from 157 in Q1 2014.
  • Funds reported $2.76B of Precision Drilling stock for Q2 2014, up 21% quarter-over-quarter.
  • 42 funds opened new Precision Drilling positions in Q2 2014 and 29 closed out, a net change of +13 holders.
  • The largest Precision Drilling buyer in Q2 2014 was Systematic Financial Management, an estimated $121M added.
  • The largest Precision Drilling seller in Q2 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $67.9M sold.

Based on aggregated 13F filings for Q2 2014.