Transocean
394 hedge funds and large institutions have $1.97B invested in Transocean in 2019 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 122 increasing their positions, 109 reducing their positions, and 70 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
12% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 109
0.96% less ownership
Funds ownership: 72.86% → 71.9% (-0.96%)
7% less first-time investments, than exits
New positions opened: 65 | Existing positions closed: 70
2% less funds holding
Funds holding: 401 → 394 (-7)
31% less capital invested
Capital invested by funds: $2.86B → $1.97B (-$890M)
65% less call options, than puts
Call options by funds: $70.1M | Put options by funds: $199M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$43.4M |
| 2 |
BlackRock
New York
|
+$36.5M |
| 3 |
Goldman Sachs
New York
|
+$24.4M |
| 4 |
JP Morgan Chase
New York
|
+$19.6M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$55.4M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$46.1M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$31.7M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$31.1M |
| 5 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
-$28.9M |
RIG Hedge Fund Activity: Q3 2019 in Review
394 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Transocean (RIG) for Q3 2019, worth a combined $1.97B — down 31% from $2.86B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of RIG and 65 opened new positions — a net loss of 5 holders — while 109 trimmed existing stakes and 122 added.
The largest buyer was Contrarius Investment Management, adding an estimated $43.4M. The largest seller was Millennium Management, cutting an estimated $55.4M.
- 394 institutional investors held Transocean (RIG) as of Q3 2019, down from 401 in Q2 2019.
- Funds reported $1.97B of Transocean stock for Q3 2019, down 31% quarter-over-quarter.
- 65 funds opened new Transocean positions in Q3 2019 and 70 closed out, a net change of -5 holders.
- The largest Transocean buyer in Q3 2019 was Contrarius Investment Management, an estimated $43.4M added.
- The largest Transocean seller in Q3 2019 was Millennium Management, an estimated $55.4M sold.
Based on aggregated 13F filings for Q3 2019.