Seadrill
SDRL
245 hedge funds and large institutions have $2.85B invested in Seadrill in 2026 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 82 increasing their positions, 65 reducing their positions, and 20 closing their positions.
240% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 20
27% more capital invested
Capital invested by funds: $2.25B → $2.85B (+$601M)
26% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 65
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
21% more funds holding
Funds holding: 202 → 245 (+43)
10% less call options, than puts
Call options by funds: $6.72M | Put options by funds: $7.44M
3.59% less ownership
Funds ownership: 104.44% → 100.86% (-3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIM
Merewether Investment Management
Dallas,
Texas
|
+$35.4M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$33.9M |
| 3 |
GRA
Goehring & Rozencwajg Associates
New York
|
+$21.6M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$17.5M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCA
Canyon Capital Advisors
Dallas,
Texas
|
-$101M |
| 2 |
TCM
Thomist Capital Management
Houston,
Texas
|
-$63.4M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$41.7M |
| 4 |
Walleye Capital
New York
|
-$33.7M |
| 5 |
TC
Tejara Capital
London,
United Kingdom
|
-$12.7M |
SDRL Hedge Fund Activity: Q1 2026 in Review
245 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Seadrill (SDRL) for Q1 2026, worth a combined $2.85B — up 27% from $2.25B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new SDRL positions and 20 closed out — a net gain of 48 holders — while 82 added to existing stakes and 65 trimmed.
The largest buyer was Merewether Investment Management, opening a new position worth an estimated $35.4M. The largest seller was Canyon Capital Advisors, cutting an estimated $101M.
- 245 institutional investors held Seadrill (SDRL) as of Q1 2026, up from 202 in Q4 2025.
- Funds reported $2.85B of Seadrill stock for Q1 2026, up 27% quarter-over-quarter.
- 68 funds opened new Seadrill positions in Q1 2026 and 20 closed out, a net change of +48 holders.
- The largest Seadrill buyer in Q1 2026 was Merewether Investment Management, an estimated $35.4M added.
- The largest Seadrill seller in Q1 2026 was Canyon Capital Advisors, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2026.