Valaris
235 hedge funds and large institutions have $4.08B invested in Valaris in 2023 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 102 increasing their positions, 67 reducing their positions, and 42 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 67
1.84% less ownership
Funds ownership: 88.87% → 87.02% (-1.8%)
4% less funds holding in top 10
Funds holding in top 10: 23 → 22 (-1)
6% less funds holding
Funds holding: 249 → 235 (-14)
6% less capital invested
Capital invested by funds: $4.35B → $4.08B (-$267M)
29% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 42
44% less call options, than puts
Call options by funds: $28.2M | Put options by funds: $50.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
+$39.3M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$36.8M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$36.1M |
| 4 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$35.5M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
+$18.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$124M |
| 2 |
CIM
Contrarius Investment Management
St. Helier,
Jersey
|
-$113M |
| 3 |
Jane Street
New York
|
-$46.6M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$23.9M |
| 5 |
SG
Sourcerock Group
Denver,
Colorado
|
-$20.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$121 | +2 | New |
|
VAL Hedge Fund Activity: Q2 2023 in Review
235 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Valaris (VAL) for Q2 2023, worth a combined $4.08B — down 6.2% from $4.35B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of VAL and 30 opened new positions — a net loss of 12 holders — while 67 trimmed existing stakes and 102 added.
The largest buyer was Coronation Fund Managers, adding an estimated $39.3M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $124M sold.
- 235 institutional investors held Valaris (VAL) as of Q2 2023, down from 249 in Q1 2023.
- Funds reported $4.08B of Valaris stock for Q2 2023, down 6.2% quarter-over-quarter.
- 30 funds opened new Valaris positions in Q2 2023 and 42 closed out, a net change of -12 holders.
- The largest Valaris buyer in Q2 2023 was Coronation Fund Managers, an estimated $39.3M added.
- The largest Valaris seller in Q2 2023 was Lone Pine Capital, an estimated $124M sold.
Based on aggregated 13F filings for Q2 2023.