Precision Drilling
82 hedge funds and large institutions have $477M invested in Precision Drilling in 2022 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 21 reducing their positions, and 6 closing their positions.
200% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 6
150% more capital invested
Capital invested by funds: $191M → $477M (+$286M)
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
37% more call options, than puts
Call options by funds: $6.42M | Put options by funds: $4.7M
33% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 21
17% more funds holding
Funds holding: 70 → 82 (+12)
7.14% more ownership
Funds ownership: 40.08% → 47.22% (+7.1%)
Top Buyers
Top Sellers
PDS Hedge Fund Activity: Q1 2022 in Review
82 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Precision Drilling (PDS) for Q1 2022, worth a combined $477M — up 150% from $191M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PDS positions and 6 closed out — a net gain of 12 holders — while 28 added to existing stakes and 21 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $16.3M. The largest seller was Polar Asset Management Partners, cutting an estimated $12.4M.
- 82 institutional investors held Precision Drilling (PDS) as of Q1 2022, up from 70 in Q4 2021.
- Funds reported $477M of Precision Drilling stock for Q1 2022, up 150% quarter-over-quarter.
- 18 funds opened new Precision Drilling positions in Q1 2022 and 6 closed out, a net change of +12 holders.
- The largest Precision Drilling buyer in Q1 2022 was Driehaus Capital Management, an estimated $16.3M added.
- The largest Precision Drilling seller in Q1 2022 was Polar Asset Management Partners, an estimated $12.4M sold.
Based on aggregated 13F filings for Q1 2022.