Rowan Companies Plc
RDC
RDC was delisted on the 10th of April, 2019.
214 hedge funds and large institutions have $1.71B invested in Rowan Companies Plc in 2017 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 63 increasing their positions, 103 reducing their positions, and 38 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
20% more capital invested
Capital invested by funds: $1.43B → $1.71B (+$287M)
6% less funds holding
Funds holding: 227 → 214 (-13)
26% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 38
27% less call options, than puts
Call options by funds: $19.2M | Put options by funds: $26.5M
39% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 103
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$38.7M |
| 2 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$38.5M |
| 3 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$14.9M |
| 4 |
LM
Luminus Management
Houston,
Texas
|
+$12.7M |
| 5 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$26.5M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$25M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$23.9M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$20.4M |
| 5 |
Goldman Sachs
New York
|
-$15.8M |
RDC Hedge Fund Activity: Q3 2017 in Review
214 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Rowan Companies Plc (RDC) for Q3 2017, worth a combined $1.71B — up 20% from $1.43B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of RDC and 28 opened new positions — a net loss of 10 holders — while 103 trimmed existing stakes and 63 added.
The largest buyer was Franklin Resources, adding an estimated $38.7M. The largest seller was Millennium Management, cutting an estimated $26.5M.
- 214 institutional investors held Rowan Companies Plc (RDC) as of Q3 2017, down from 227 in Q2 2017.
- Funds reported $1.71B of Rowan Companies Plc stock for Q3 2017, up 20% quarter-over-quarter.
- 28 funds opened new Rowan Companies Plc positions in Q3 2017 and 38 closed out, a net change of -10 holders.
- The largest Rowan Companies Plc buyer in Q3 2017 was Franklin Resources, an estimated $38.7M added.
- The largest Rowan Companies Plc seller in Q3 2017 was Millennium Management, an estimated $26.5M sold.
Based on aggregated 13F filings for Q3 2017.