Rowan Companies Plc
RDC
RDC was delisted on the 10th of April, 2019.
221 hedge funds and large institutions have $2.6B invested in Rowan Companies Plc in 2015 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 71 increasing their positions, 73 reducing their positions, and 34 closing their positions.
32% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 34
13% more capital invested
Capital invested by funds: $2.3B → $2.6B (+$295M)
5% more funds holding
Funds holding: 210 → 221 (+11)
3% less repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 73
29% less call options, than puts
Call options by funds: $33.8M | Put options by funds: $47.8M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$59.7M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$46.7M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$44.3M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$17M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$107M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$26M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$22.3M |
| 4 |
Morgan Stanley
New York
|
-$17.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$13M |
RDC Hedge Fund Activity: Q2 2015 in Review
221 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Rowan Companies Plc (RDC) for Q2 2015, worth a combined $2.6B — up 13% from $2.3B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new RDC positions and 34 closed out — a net gain of 11 holders — while 71 added to existing stakes and 73 trimmed.
The largest buyer was Millennium Management, adding an estimated $59.7M. The largest seller was Sasco Capital, exiting entirely with an estimated $107M sold.
- 221 institutional investors held Rowan Companies Plc (RDC) as of Q2 2015, up from 210 in Q1 2015.
- Funds reported $2.6B of Rowan Companies Plc stock for Q2 2015, up 13% quarter-over-quarter.
- 45 funds opened new Rowan Companies Plc positions in Q2 2015 and 34 closed out, a net change of +11 holders.
- The largest Rowan Companies Plc buyer in Q2 2015 was Millennium Management, an estimated $59.7M added.
- The largest Rowan Companies Plc seller in Q2 2015 was Sasco Capital, an estimated $107M sold.
Based on aggregated 13F filings for Q2 2015.