Valaris
249 hedge funds and large institutions have $4.35B invested in Valaris in 2023 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 92 increasing their positions, 74 reducing their positions, and 38 closing their positions.
61% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 38
24% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 74
9% more funds holding
Funds holding: 229 → 249 (+20)
4.93% more ownership
Funds ownership: 83.94% → 88.87% (+4.9%)
3% more capital invested
Capital invested by funds: $4.2B → $4.35B (+$146M)
8% less funds holding in top 10
Funds holding in top 10: 25 → 23 (-2)
44% less call options, than puts
Call options by funds: $21.5M | Put options by funds: $38.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$181M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$125M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$87.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$60.9M |
| 5 |
State Street
Boston,
Massachusetts
|
+$60.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Goldentree Asset Management
New York
|
-$160M |
| 2 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
-$103M |
| 3 |
SCA
Southpoint Capital Advisors
New York
|
-$54.1M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$41.1M |
| 5 |
LC
Lodbrok Capital
London,
United Kingdom
|
-$40.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
| – | -$288K | -4,252 | Closed |
|
|
SWM
277
SFG Wealth Management
Towson,
Maryland
| – | -$261K | -3,865 | Closed |
|
|
MLICM
278
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$256K | -3,783 | Closed |
|
|
QCM
279
Qsemble Capital Management
New York
| – | -$250K | -3,700 | Closed |
|
|
PHS
280
Pekin Hardy Strauss
Chicago,
Illinois
| – | -$243K | -3,600 | Closed |
|
|
PAMS
281
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
| – | -$230K | -3,403 | Closed |
|
|
DC
282
Diametric Capital
Boston,
Massachusetts
| – | -$225K | -3,329 | Closed |
|
|
CP
283
Castleview Partners
Dallas,
Texas
| – | -$71.1K | -1,052 | Closed |
|
284
Nomura Asset Management
Tokyo,
Japan
| – | -$52.7K | -780 | Closed |
|
|
BFEC
285
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$8K | -120 | Closed |
|
|
PFA
286
Pathway Financial Advisers
Auburn,
Indiana
| – | -$2.3K | -34 | Closed |
|
287
Rockefeller Capital Management
New York
| – | -$1K | -27 | Closed |
|
|
FMP
288
Financial Management Professionals
Austin,
Texas
| – | +$349 | +5 | New |
|
VAL Hedge Fund Activity: Q1 2023 in Review
249 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Valaris (VAL) for Q1 2023, worth a combined $4.35B — up 3.5% from $4.2B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new VAL positions and 38 closed out — a net gain of 23 holders — while 92 added to existing stakes and 74 trimmed.
The largest buyer was BlackRock, adding an estimated $181M. The largest seller was Goldentree Asset Management, cutting an estimated $160M.
- 249 institutional investors held Valaris (VAL) as of Q1 2023, up from 229 in Q4 2022.
- Funds reported $4.35B of Valaris stock for Q1 2023, up 3.5% quarter-over-quarter.
- 61 funds opened new Valaris positions in Q1 2023 and 38 closed out, a net change of +23 holders.
- The largest Valaris buyer in Q1 2023 was BlackRock, an estimated $181M added.
- The largest Valaris seller in Q1 2023 was Goldentree Asset Management, an estimated $160M sold.
Based on aggregated 13F filings for Q1 2023.