Seadrill
SDRL
66 hedge funds and large institutions have $794M invested in Seadrill in 2023 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 8 closing their positions.
425% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 8
341% more call options, than puts
Call options by funds: $2.29M | Put options by funds: $518K
100% more funds holding
Funds holding: 33 → 66 (+33)
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
49% more capital invested
Capital invested by funds: $533M → $794M (+$261M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
7.03% more ownership
Funds ownership: 32.68% → 39.71% (+7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
+$78.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$40.7M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
+$27.2M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
+$23.6M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$47.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$39.6M |
| 3 |
GAM
Goldentree Asset Management
New York
|
-$25.2M |
| 4 |
VM
Varde Management
Minneapolis,
Minnesota
|
-$19.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$13.3M |
SDRL Hedge Fund Activity: Q1 2023 in Review
66 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Seadrill (SDRL) for Q1 2023, worth a combined $794M — up 49% from $533M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new SDRL positions and 8 closed out — a net gain of 34 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Contrarius Investment Management, adding an estimated $78.6M. The largest seller was Barclays, cutting an estimated $47.5M.
- 66 institutional investors held Seadrill (SDRL) as of Q1 2023, up from 33 in Q4 2022.
- Funds reported $794M of Seadrill stock for Q1 2023, up 49% quarter-over-quarter.
- 42 funds opened new Seadrill positions in Q1 2023 and 8 closed out, a net change of +34 holders.
- The largest Seadrill buyer in Q1 2023 was Contrarius Investment Management, an estimated $78.6M added.
- The largest Seadrill seller in Q1 2023 was Barclays, an estimated $47.5M sold.
Based on aggregated 13F filings for Q1 2023.