Parker Drilling Company
PKD
PKD was delisted on the 7th of February, 2020.
107 hedge funds and large institutions have $122M invested in Parker Drilling Company in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 15 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
0.3% less ownership
Funds ownership: 65.99% → 65.68% (-0.3%)
5% less funds holding
Funds holding: 113 → 107 (-6)
23% less capital invested
Capital invested by funds: $158M → $122M (-$36.1M)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
44% less call options, than puts
Call options by funds: $14K | Put options by funds: $25K
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
+$3.87M |
| 2 |
BCM
Brigade Capital Management
New York
|
+$1.08M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$716K |
| 4 |
SCM
Saba Capital Management
New York
|
+$646K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$553K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$1.75M |
| 2 |
Barclays
London,
United Kingdom
|
-$1.51M |
| 3 |
NPGCU
Napier Park Global Capital (US)
New York
|
-$1.14M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$710K |
| 5 |
PGIM
Pacific Global Investment Management
Glendale,
California
|
-$585K |
PKD Hedge Fund Activity: Q2 2017 in Review
107 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Parker Drilling Company (PKD) for Q2 2017, worth a combined $122M — down 23% from $158M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of PKD and 9 opened new positions — a net loss of 6 holders — while 28 trimmed existing stakes and 33 added.
The largest buyer was Towle & Co, adding an estimated $3.87M. The largest seller was Franklin Resources, exiting entirely with an estimated $1.75M sold.
- 107 institutional investors held Parker Drilling Company (PKD) as of Q2 2017, down from 113 in Q1 2017.
- Funds reported $122M of Parker Drilling Company stock for Q2 2017, down 23% quarter-over-quarter.
- 9 funds opened new Parker Drilling Company positions in Q2 2017 and 15 closed out, a net change of -6 holders.
- The largest Parker Drilling Company buyer in Q2 2017 was Towle & Co, an estimated $3.87M added.
- The largest Parker Drilling Company seller in Q2 2017 was Franklin Resources, an estimated $1.75M sold.
Based on aggregated 13F filings for Q2 2017.