Parker Drilling Company
PKD
PKD was delisted on the 7th of February, 2020.
119 hedge funds and large institutions have $170M invested in Parker Drilling Company in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
31% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 32
4% more funds holding
Funds holding: 114 → 119 (+5)
7% less capital invested
Capital invested by funds: $183M → $170M (-$12.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$2.17M |
| 2 |
Renaissance Technologies
New York
|
+$663K |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$627K |
| 4 |
Goldman Sachs
New York
|
+$565K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$524K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.85M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.09M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$744K |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$669K |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
-$429K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -51 | Closed |
|
PKD Hedge Fund Activity: Q3 2016 in Review
119 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Parker Drilling Company (PKD) for Q3 2016, worth a combined $170M — down 6.9% from $183M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PKD positions and 8 closed out — a net gain of 5 holders — while 42 added to existing stakes and 32 trimmed.
The largest buyer was Towle & Co, adding an estimated $2.17M. The largest seller was Vanguard Group, cutting an estimated $3.85M.
- 119 institutional investors held Parker Drilling Company (PKD) as of Q3 2016, up from 114 in Q2 2016.
- Funds reported $170M of Parker Drilling Company stock for Q3 2016, down 6.9% quarter-over-quarter.
- 13 funds opened new Parker Drilling Company positions in Q3 2016 and 8 closed out, a net change of +5 holders.
- The largest Parker Drilling Company buyer in Q3 2016 was Towle & Co, an estimated $2.17M added.
- The largest Parker Drilling Company seller in Q3 2016 was Vanguard Group, an estimated $3.85M sold.
Based on aggregated 13F filings for Q3 2016.