Parker Drilling Company
PKD
PKD was delisted on the 7th of February, 2020.
92 hedge funds and large institutions have $90.6M invested in Parker Drilling Company in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 33 reducing their positions, and 26 closing their positions.
7% less capital invested
Capital invested by funds: $97.2M → $90.6M (-$6.6M)
11% less funds holding
Funds holding: 103 → 92 (-11)
15% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 33
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.42M |
| 2 |
WAM
Wilsey Asset Management
San Diego,
California
|
+$1.59M |
| 3 |
BCM
Brigade Capital Management
New York
|
+$1.5M |
| 4 |
TC
Towle & Co
Denver,
Colorado
|
+$995K |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
+$597K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHAM
Pacific Heights Asset Management
San Francisco,
California
|
-$2.86M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.1M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$875K |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$610K |
| 5 |
SAM
Shell Asset Management
The Hague,
Netherlands
|
-$557K |
PKD Hedge Fund Activity: Q4 2017 in Review
92 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Parker Drilling Company (PKD) for Q4 2017, worth a combined $90.6M — down 6.8% from $97.2M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PKD and 15 opened new positions — a net loss of 11 holders — while 33 trimmed existing stakes and 28 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $3.42M. The largest seller was Pacific Heights Asset Management, exiting entirely with an estimated $2.86M sold.
- 92 institutional investors held Parker Drilling Company (PKD) as of Q4 2017, down from 103 in Q3 2017.
- Funds reported $90.6M of Parker Drilling Company stock for Q4 2017, down 6.8% quarter-over-quarter.
- 15 funds opened new Parker Drilling Company positions in Q4 2017 and 26 closed out, a net change of -11 holders.
- The largest Parker Drilling Company buyer in Q4 2017 was Saba Capital Management, an estimated $3.42M added.
- The largest Parker Drilling Company seller in Q4 2017 was Pacific Heights Asset Management, an estimated $2.86M sold.
Based on aggregated 13F filings for Q4 2017.