Seadrill
SDRL
101 hedge funds and large institutions have $2.02B invested in Seadrill in 2023 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 28 increasing their positions, 14 reducing their positions, and 18 closing their positions.
194% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 18
155% more capital invested
Capital invested by funds: $794M → $2.02B (+$1.23B)
129% more funds holding in top 10
Funds holding in top 10: 7 → 16 (+9)
100% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 14
78% more call options, than puts
Call options by funds: $916K | Put options by funds: $516K
58.27% more ownership
Funds ownership: 39.71% → 97.98% (+58%)
53% more funds holding
Funds holding: 66 → 101 (+35)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
+$262M |
| 2 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
+$186M |
| 3 |
SC
Sculptor Capital
New York
|
+$179M |
| 4 |
BlackRock
New York
|
+$92.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$73.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Goldentree Asset Management
New York
|
-$33.3M |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
-$16.2M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
-$14.1M |
| 4 |
JP Morgan Chase
New York
|
-$9.79M |
| 5 |
KHCM
Kettle Hill Capital Management
New York
|
-$5.95M |
SDRL Hedge Fund Activity: Q2 2023 in Review
101 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Seadrill (SDRL) for Q2 2023, worth a combined $2.02B — up 155% from $794M a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SDRL positions and 18 closed out — a net gain of 35 holders — while 28 added to existing stakes and 14 trimmed.
The largest buyer was Elliott Investment Management, opening a new position worth an estimated $262M. The largest seller was Goldentree Asset Management, exiting entirely with an estimated $33.3M sold.
- 101 institutional investors held Seadrill (SDRL) as of Q2 2023, up from 66 in Q1 2023.
- Funds reported $2.02B of Seadrill stock for Q2 2023, up 155% quarter-over-quarter.
- 53 funds opened new Seadrill positions in Q2 2023 and 18 closed out, a net change of +35 holders.
- The largest Seadrill buyer in Q2 2023 was Elliott Investment Management, an estimated $262M added.
- The largest Seadrill seller in Q2 2023 was Goldentree Asset Management, an estimated $33.3M sold.
Based on aggregated 13F filings for Q2 2023.