Seadrill
SDRL
180 hedge funds and large institutions have $2.94B invested in Seadrill in 2024 Q1 according to their latest regulatory filings, with 49 funds opening new positions, 49 increasing their positions, 68 reducing their positions, and 20 closing their positions.
145% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 20
18% more funds holding
Funds holding: 152 → 180 (+28)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
4% more capital invested
Capital invested by funds: $2.84B → $2.94B (+$99.7M)
2.19% less ownership
Funds ownership: 81.25% → 79.06% (-2.2%)
28% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 68
60% less call options, than puts
Call options by funds: $8.75M | Put options by funds: $21.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WM
Wishbone Management
Chicago,
Illinois
|
+$40.9M |
| 2 |
Neuberger Berman Group
New York
|
+$30.7M |
| 3 |
Millennium Management
New York
|
+$30.4M |
| 4 |
F
Folketrygdfondet
Oslo Norway,
Norway
|
+$28.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$22.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$112M |
| 2 |
SC
Sculptor Capital
New York
|
-$49.9M |
| 3 |
Barclays
London,
United Kingdom
|
-$39.3M |
| 4 |
PCM
Polus Capital Management
London,
United Kingdom
|
-$35.9M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$29.8M |
SDRL Hedge Fund Activity: Q1 2024 in Review
180 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Seadrill (SDRL) for Q1 2024, worth a combined $2.94B — up 3.5% from $2.84B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new SDRL positions and 20 closed out — a net gain of 29 holders — while 49 added to existing stakes and 68 trimmed.
The largest buyer was Wishbone Management, opening a new position worth an estimated $40.9M. The largest seller was American Century Companies, cutting an estimated $112M.
- 180 institutional investors held Seadrill (SDRL) as of Q1 2024, up from 152 in Q4 2023.
- Funds reported $2.94B of Seadrill stock for Q1 2024, up 3.5% quarter-over-quarter.
- 49 funds opened new Seadrill positions in Q1 2024 and 20 closed out, a net change of +29 holders.
- The largest Seadrill buyer in Q1 2024 was Wishbone Management, an estimated $40.9M added.
- The largest Seadrill seller in Q1 2024 was American Century Companies, an estimated $112M sold.
Based on aggregated 13F filings for Q1 2024.