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RDC

Rowan Companies Plc
RDC

Delisted

RDC was delisted on the 10th of April, 2019.

179 hedge funds and large institutions have $1.28B invested in Rowan Companies Plc in 2019 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 61 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

20% more capital invested

Capital invested by funds: $1.07B → $1.28B (+$209M)

8% less funds holding

Funds holding: 195179 (-16)

15% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 61

29% less call options, than puts

Call options by funds: $5.46M | Put options by funds: $7.71M

37% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 43

Holders
179
Holders Change
-16
Holders Change %
-8.21%
% of All Funds
3.87%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.06%
New
27
Increased
52
Reduced
61
Closed
43
Calls
$5.46M
Puts
$7.71M
Net Calls
-$2.25M
Net Calls Change
-$11.6M
Name Holding Trade Value Shares
Change
Change in
Stake
KPF
76
K2 Principal Fund
Ontario, Canada
$1.18M +$1.27M +109,087 New
BNP Paribas Financial Markets
77
BNP Paribas Financial Markets
France
$1.08M +$1.11M +95,167 +1,954%
State of New Jersey Common Pension Fund D
78
State of New Jersey Common Pension Fund D
New Jersey
$1.08M -$631K -54,200 -35%
PP
79
Paloma Partners
Connecticut
$996K +$1.07M +92,274 New
ASRS
80
Arizona State Retirement System
Arizona
$986K +$2.36K +203 +0.2%
FIM
81
Fruth Investment Management
Texas
$970K -$14K -1,200 -1%
TPSF
82
Texas Permanent School Fund
Texas
$933K +$38.2K +3,279 +4%
Comerica Bank
83
Comerica Bank
Texas
$904K +$524 +45 +0.1%
Prudential Financial
84
Prudential Financial
New Jersey
$874K -$9.55K -820 -1%
MAM
85
Meeder Asset Management
Ohio
$860K +$508K +43,613 +121%
MSE
86
MUFG Securities EMEA
United Kingdom
$827K
Canada Life
87
Canada Life
Manitoba, Canada
$823K
PNC Financial Services Group
88
PNC Financial Services Group
Pennsylvania
$802K -$2.15K -185 -0.2%
CM
89
CoreCommodity Management
Connecticut
$797K +$203K +17,412 +31%
MLICM
90
Metropolitan Life Insurance Company (MetLife)
New York
$795K +$858K +73,647 New
OFG
91
OTA Financial Group
New York
$760K +$821K +70,513 New
AAA
92
Adams Asset Advisors
Texas
$739K
MSA
93
Mason Street Advisors
Wisconsin
$730K +$13.2K +1,133 +2%
Stifel Financial
94
Stifel Financial
Missouri
$718K +$514K +44,105 +200%
UBS Group
95
UBS Group
Switzerland
$692K -$198K -17,019 -21%
Bank of Montreal
96
Bank of Montreal
Ontario, Canada
$669K -$137K -11,766 -16%
KBC Group
97
KBC Group
Belgium
$656K +$40.1K +3,443 +6%
HA
98
Havens Advisors
New York
$647K
Man Group
99
Man Group
United Kingdom
$573K +$619K +53,143 New
SCM
100
Saba Capital Management
New York
$566K +$611K +52,450 New

RDC Hedge Fund Activity: Q1 2019 in Review

179 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Rowan Companies Plc (RDC) for Q1 2019, worth a combined $1.28B — up 20% from $1.07B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of RDC and 27 opened new positions — a net loss of 16 holders — while 61 trimmed existing stakes and 52 added.

The largest buyer was AQR Arbitrage, adding an estimated $14.4M. The largest seller was Centerbridge Partners, cutting an estimated $23.6M.

  • 179 institutional investors held Rowan Companies Plc (RDC) as of Q1 2019, down from 195 in Q4 2018.
  • Funds reported $1.28B of Rowan Companies Plc stock for Q1 2019, up 20% quarter-over-quarter.
  • 27 funds opened new Rowan Companies Plc positions in Q1 2019 and 43 closed out, a net change of -16 holders.
  • The largest Rowan Companies Plc buyer in Q1 2019 was AQR Arbitrage, an estimated $14.4M added.
  • The largest Rowan Companies Plc seller in Q1 2019 was Centerbridge Partners, an estimated $23.6M sold.

Based on aggregated 13F filings for Q1 2019.