Parker Drilling Company
PKD
PKD was delisted on the 7th of February, 2020.
8 hedge funds and large institutions have $937K invested in Parker Drilling Company in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 43 closing their positions.
83% less funds holding
Funds holding: 48 → 8 (-40)
93% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 43
99% less capital invested
Capital invested by funds: $163M → $937K (-$162M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
FNY Investment Advisers
New York
|
+$1.82K |
| 2 |
RMC
Resources Management Corp
West Hartford,
Connecticut
|
+$55 |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$18 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brigade Capital Management
New York
|
-$69.6M |
| 2 |
HCM
Highbridge Capital Management
New York
|
-$30.2M |
| 3 |
B
Barings
Charlotte,
North Carolina
|
-$16.2M |
| 4 |
BlackRock
New York
|
-$11.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.26M |
PKD Hedge Fund Activity: Q1 2020 in Review
8 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Parker Drilling Company (PKD) for Q1 2020, worth a combined $937K — down 99% from $163M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of PKD and 3 opened new positions — a net loss of 40 holders — while 2 trimmed existing stakes and 0 added.
The largest buyer was FNY Investment Advisers, opening a new position worth an estimated $1.82K. The largest seller was Brigade Capital Management, exiting entirely with an estimated $69.6M sold.
- 8 institutional investors held Parker Drilling Company (PKD) as of Q1 2020, down from 48 in Q4 2019.
- Funds reported $937K of Parker Drilling Company stock for Q1 2020, down 99% quarter-over-quarter.
- 3 funds opened new Parker Drilling Company positions in Q1 2020 and 43 closed out, a net change of -40 holders.
- The largest Parker Drilling Company buyer in Q1 2020 was FNY Investment Advisers, an estimated $1.82K added.
- The largest Parker Drilling Company seller in Q1 2020 was Brigade Capital Management, an estimated $69.6M sold.
Based on aggregated 13F filings for Q1 2020.