Rowan Companies Plc
RDC
RDC was delisted on the 10th of April, 2019.
195 hedge funds and large institutions have $1.07B invested in Rowan Companies Plc in 2018 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 58 increasing their positions, 72 reducing their positions, and 55 closing their positions.
367% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $2.54M
10% less funds holding
Funds holding: 217 → 195 (-22)
19% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 72
38% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 55
56% less capital invested
Capital invested by funds: $2.41B → $1.07B (-$1.34B)
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$45.4M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$32.5M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$20.5M |
| 4 |
Citigroup
New York
|
+$18.8M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$72.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$29.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$24.2M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$22.6M |
| 5 |
KSCM
Key Square Capital Management
Stamford,
Connecticut
|
-$14.9M |
RDC Hedge Fund Activity: Q4 2018 in Review
195 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Rowan Companies Plc (RDC) for Q4 2018, worth a combined $1.07B — down 56% from $2.41B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of RDC and 34 opened new positions — a net loss of 21 holders — while 72 trimmed existing stakes and 58 added.
The largest buyer was Canyon Capital Advisors, adding an estimated $45.4M. The largest seller was Millennium Management, exiting entirely with an estimated $72.8M sold.
- 195 institutional investors held Rowan Companies Plc (RDC) as of Q4 2018, down from 217 in Q3 2018.
- Funds reported $1.07B of Rowan Companies Plc stock for Q4 2018, down 56% quarter-over-quarter.
- 34 funds opened new Rowan Companies Plc positions in Q4 2018 and 55 closed out, a net change of -21 holders.
- The largest Rowan Companies Plc buyer in Q4 2018 was Canyon Capital Advisors, an estimated $45.4M added.
- The largest Rowan Companies Plc seller in Q4 2018 was Millennium Management, an estimated $72.8M sold.
Based on aggregated 13F filings for Q4 2018.