Precision Drilling
125 hedge funds and large institutions have $521M invested in Precision Drilling in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 39 reducing their positions, and 18 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 39
1% more capital invested
Capital invested by funds: $519M → $521M (+$2.86M)
0% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 18
0.1% less ownership
Funds ownership: 2.65% → 2.56% (-0.1%)
2% less funds holding
Funds holding: 127 → 125 (-2)
46% less call options, than puts
Call options by funds: $462K | Put options by funds: $857K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$6.32M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.1M |
| 3 |
QI
QS Investors
New York
|
+$2.93M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$2.11M |
| 5 |
LCM
Lonestar Capital Management
San Francisco,
California
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$12M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$4.89M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$4.01M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$3.67M |
| 5 |
Millennium Management
New York
|
-$3.39M |
PDS Hedge Fund Activity: Q3 2018 in Review
125 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q3 2018, worth a combined $521M — up 0.55% from $519M a quarter earlier.
Fund positioning in PDS was balanced in Q3 2018: 18 funds opened new positions, 18 closed out, 43 added to existing stakes and 39 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $6.32M. The largest seller was Fidelity International, cutting an estimated $12M.
- 125 institutional investors held Precision Drilling (PDS) as of Q3 2018, down from 127 in Q2 2018.
- Funds reported $521M of Precision Drilling stock for Q3 2018, up 0.55% quarter-over-quarter.
- 18 funds opened new Precision Drilling positions in Q3 2018 and 18 closed out, a net change of 0 holders.
- The largest Precision Drilling buyer in Q3 2018 was Goldman Sachs, an estimated $6.32M added.
- The largest Precision Drilling seller in Q3 2018 was Fidelity International, an estimated $12M sold.
Based on aggregated 13F filings for Q3 2018.