Rowan Companies Plc
RDC
RDC was delisted on the 10th of April, 2019.
211 hedge funds and large institutions have $1.49B invested in Rowan Companies Plc in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 78 increasing their positions, 70 reducing their positions, and 27 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 70
4% less funds holding
Funds holding: 220 → 211 (-9)
22% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 27
27% less capital invested
Capital invested by funds: $2.05B → $1.49B (-$562M)
50% less call options, than puts
Call options by funds: $7.46M | Put options by funds: $14.9M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$36.1M |
| 2 |
Millennium Management
New York
|
+$30.3M |
| 3 |
OAMG
Odey Asset Management Group
London,
United Kingdom
|
+$27.2M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$12.1M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10.9M |
Top Sellers
| 1 |
Franklin Resources
San Mateo,
California
|
-$62.6M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$57.3M |
| 3 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$22.3M |
| 4 |
TA
Teachers Advisors
New York
|
-$13.4M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$8.79M |
RDC Hedge Fund Activity: Q1 2018 in Review
211 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Rowan Companies Plc (RDC) for Q1 2018, worth a combined $1.49B — down 27% from $2.05B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of RDC and 21 opened new positions — a net loss of 6 holders — while 70 trimmed existing stakes and 78 added.
The largest buyer was Luminus Management, opening a new position worth an estimated $36.1M. The largest seller was Franklin Resources, cutting an estimated $62.6M.
- 211 institutional investors held Rowan Companies Plc (RDC) as of Q1 2018, down from 220 in Q4 2017.
- Funds reported $1.49B of Rowan Companies Plc stock for Q1 2018, down 27% quarter-over-quarter.
- 21 funds opened new Rowan Companies Plc positions in Q1 2018 and 27 closed out, a net change of -6 holders.
- The largest Rowan Companies Plc buyer in Q1 2018 was Luminus Management, an estimated $36.1M added.
- The largest Rowan Companies Plc seller in Q1 2018 was Franklin Resources, an estimated $62.6M sold.
Based on aggregated 13F filings for Q1 2018.