Parker Drilling Company
PKD
PKD was delisted on the 7th of February, 2020.
91 hedge funds and large institutions have $59.4M invested in Parker Drilling Company in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 37 reducing their positions, and 10 closing their positions.
2.13% more ownership
Funds ownership: 65.25% → 67.38% (+2.1%)
1% less funds holding
Funds holding: 92 → 91 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
34% less capital invested
Capital invested by funds: $90.6M → $59.4M (-$31.2M)
35% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.75M |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$670K |
| 3 |
WAM
Wilsey Asset Management
San Diego,
California
|
+$408K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$317K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.06M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$501K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$466K |
| 4 |
TC
Towle & Co
Denver,
Colorado
|
-$454K |
| 5 |
JP Morgan Chase
New York
|
-$204K |
PKD Hedge Fund Activity: Q1 2018 in Review
91 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Parker Drilling Company (PKD) for Q1 2018, worth a combined $59.4M — down 34% from $90.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PKD and 9 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 24 added.
The largest buyer was Saba Capital Management, adding an estimated $5.75M. The largest seller was Fidelity Investments, cutting an estimated $2.06M.
- 91 institutional investors held Parker Drilling Company (PKD) as of Q1 2018, down from 92 in Q4 2017.
- Funds reported $59.4M of Parker Drilling Company stock for Q1 2018, down 34% quarter-over-quarter.
- 9 funds opened new Parker Drilling Company positions in Q1 2018 and 10 closed out, a net change of -1 holder.
- The largest Parker Drilling Company buyer in Q1 2018 was Saba Capital Management, an estimated $5.75M added.
- The largest Parker Drilling Company seller in Q1 2018 was Fidelity Investments, an estimated $2.06M sold.
Based on aggregated 13F filings for Q1 2018.