Transocean
407 hedge funds and large institutions have $2.7B invested in Transocean in 2016 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 128 increasing their positions, 140 reducing their positions, and 42 closing their positions.
43% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 42
3% more funds holding
Funds holding: 395 → 407 (+12)
9% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 140
3.77% less ownership
Funds ownership: 73.18% → 69.41% (-3.8%)
15% less capital invested
Capital invested by funds: $3.18B → $2.7B (-$481M)
50% less call options, than puts
Call options by funds: $220M | Put options by funds: $441M
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
+$79.3M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$58.8M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$43.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$43.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
-$255M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$58.5M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$58.4M |
| 4 |
Renaissance Technologies
New York
|
-$40.5M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$29.5M |
RIG Hedge Fund Activity: Q3 2016 in Review
407 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Transocean (RIG) for Q3 2016, worth a combined $2.7B — down 15% from $3.18B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new RIG positions and 42 closed out — a net gain of 18 holders — while 128 added to existing stakes and 140 trimmed.
The largest buyer was Senator Investment Group, opening a new position worth an estimated $79.3M. The largest seller was Icahn Carl, exiting entirely with an estimated $255M sold.
- 407 institutional investors held Transocean (RIG) as of Q3 2016, up from 395 in Q2 2016.
- Funds reported $2.7B of Transocean stock for Q3 2016, down 15% quarter-over-quarter.
- 60 funds opened new Transocean positions in Q3 2016 and 42 closed out, a net change of +18 holders.
- The largest Transocean buyer in Q3 2016 was Senator Investment Group, an estimated $79.3M added.
- The largest Transocean seller in Q3 2016 was Icahn Carl, an estimated $255M sold.
Based on aggregated 13F filings for Q3 2016.