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Valaris

290 hedge funds and large institutions have $4.7B invested in Valaris in 2023 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 103 increasing their positions, 77 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

259% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 22

34% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 77

23% more funds holding

Funds holding: 235290 (+55)

15% more capital invested

Capital invested by funds: $4.08B → $4.7B (+$622M)

2.48% less ownership

Funds ownership: 87.02%84.55% (-2.5%)

5% less funds holding in top 10

Funds holding in top 10: 2221 (-1)

39% less call options, than puts

Call options by funds: $40.8M | Put options by funds: $66.5M

Holders
290
Holders Change
+55
Holders Change %
+23.4%
% of All Funds
4.6%
Holding in Top 10
21
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.55%
% of All Funds
0.33%
New
79
Increased
103
Reduced
77
Closed
22
Calls
$40.8M
Puts
$66.5M
Net Calls
-$25.7M
Net Calls Change
-$3.59M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$540M +$23.9M +324,798 +5%
OAG
2
Orbis Allan Gray
Bermuda
$378M -$2.52M -34,312 -0.7%
OHA
3
Oak Hill Advisors
New York
$359M -$308M -4,200,000 -47%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$286M +$67.5M +919,123 +32%
LIM
5
Lingotto Investment Management
United Kingdom
$217M +$65.7M +894,165 +45%
Adage Capital Partners
6
Adage Capital Partners
Massachusetts
$187M +$14.7M +199,662 +9%
State Street
7
State Street
Massachusetts
$173M +$11.3M +153,175 +7%
LC
8
Lodbrok Capital
United Kingdom
$164M -$17.8M -242,300 -10%
Vanguard Group
9
Vanguard Group
Pennsylvania
$136M +$8.85M +120,550 +7%
VanEck Associates
10
VanEck Associates
New York
$128M +$12.7M +172,780 +11%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$95.9M +$6.18M +84,206 +7%
Marshall Wace
12
Marshall Wace
United Kingdom
$83.7M +$82M +1,116,688 New
CFM
13
Coronation Fund Managers
South Africa
$76.1M -$37.6M -511,999 -34%
PIM
14
Platinum Investment Management
Australia
$74.3M +$15.4M +209,350 +27%
CM
15
Condire Management
Texas
$62M
Northern Trust
16
Northern Trust
Illinois
$58M +$244K +3,316 +0.4%
Charles Schwab
17
Charles Schwab
California
$55.6M +$15.3M +208,121 +39%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$55.1M +$13.3M +181,633 +33%
VOYA Investment Management
19
VOYA Investment Management
Georgia
$55M +$11.1K +151 +0%
Norges Bank
20
Norges Bank
Norway
$47.8M +$719K +9,784 +2%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$46.4M -$232K -3,164 -0.5%
Wellington Management Group
22
Wellington Management Group
Massachusetts
$45.2M +$7.86M +107,008 +22%
Principal Financial Group
23
Principal Financial Group
Iowa
$44.1M +$26.4M +359,168 +157%
Fidelity International
24
Fidelity International
Bermuda
$41.8M +$18.8M +256,627 +85%
CIM
25
Contrarius Investment Management
Jersey
$41M -$962K -13,094 -2%

VAL Hedge Fund Activity: Q3 2023 in Review

290 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Valaris (VAL) for Q3 2023, worth a combined $4.7B — up 15% from $4.08B a quarter earlier.

Buyers outnumbered sellers: 79 funds opened new VAL positions and 22 closed out — a net gain of 57 holders — while 103 added to existing stakes and 77 trimmed.

The largest buyer was Marshall Wace, opening a new position worth an estimated $82M. The largest seller was Oak Hill Advisors, cutting an estimated $308M.

  • 290 institutional investors held Valaris (VAL) as of Q3 2023, up from 235 in Q2 2023.
  • Funds reported $4.7B of Valaris stock for Q3 2023, up 15% quarter-over-quarter.
  • 79 funds opened new Valaris positions in Q3 2023 and 22 closed out, a net change of +57 holders.
  • The largest Valaris buyer in Q3 2023 was Marshall Wace, an estimated $82M added.
  • The largest Valaris seller in Q3 2023 was Oak Hill Advisors, an estimated $308M sold.

Based on aggregated 13F filings for Q3 2023.