SecurityRIG / Transocean, Inc.
InstitutionOdey Asset Management Group Ltd
Shares5,883,499
Value $ 58,247,000
Related 379352AL1 / Global Marine 7% Senior Notes 6/1/28
893830BC2 / Transocean Inc
893830BD0 / Transocean Inc 2.5% 10/15/17
893830AX7 / Transocean Inc. 4.95% 11/15/15
893830BA6 / Transocean Inc. 5.05% 12/15/16
893830BB4 / Transocean Inc. 6.375% 12/15/21
893830AY5 / Transocean Inc 6.50% 11/15/20
893830AT6 / Transocean Inc. 6.8% Senior Notes 3/15/38
893830AS8 / Transocean Inc. 6% Senior Notes 3/15/18
893830AZ2 / Transocean Inc. 7.35% 12/15/41
893830AK5 / Transocean Inc 7.375% 04/15/2018
893817AA4 / Transocean Inc 7.45% 04/15/2027
893830AF6 / Transocean Inc 7.50% 4/15/2031
893817AB2 / Transocean Inc 8.00% 04/15/2027
893830AA7 / Transocean, Inc. Bond
00B3KFWW1 / Transocean, Inc. Bond
893830AW9 / Transocean, Inc. Bond

Odey Asset Management Group Ltd reports 15.06% decrease in ownership of RIG / Transocean, Inc.

May 15, 2018 - Odey Asset Management Group Ltd has filed a 13F-HR form disclosing ownership of 5,883,499 shares of Transocean, Inc. (NYSE:RIG) with total holdings valued at $58,247,000 USD as of March 31, 2018. Odey Asset Management Group Ltd had filed a previous 13F-HR on February 14, 2018 disclosing 6,926,898 shares of Transocean, Inc. at a value of $73,980,000 USD. This represents a change in shares of -15.06 percent and a change in value of -21.27 percent during the quarter.

Other investors with positions similar to Odey Asset Management Group Ltd include Bank of New York Mellon Corp, Platinum Investment Management Ltd, Goldman Sachs Group Inc, Man Group plc, Renaissance Technologies LLC, and Credit Suisse Ag/.

Transocean, Inc. has declared a standard industrial code (sic) of 1381 which is the "Drilling Oil and Gas Wells" industry. Odey Asset Management Group Ltd's top industries are "Mining And Quarrying Of Nonmetallic Minerals, Except Fuels" (sic 14), "Furniture And Fixtures" (sic 25), and "Primary Metal Industries" (sic 33).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR TRANSOCEAN REG SHS H8817H100 10.29 5,883,499 -15.06 58,247 -21.27 -10,737 -4,996 -6.75
2017-12-31 13F-HR TRANSOCEAN REG SHS H8817H100 10.72 6,926,898 141.42 73,980 139.63 43,499 -392 -1.27
2017-09-30 13F-HR TRANSOCEAN REG SHS H8817H100 9.49 2,869,196 3,102.23 30,873 4,089.01 26,386 3,750 508.80
2017-06-30 13F-HR TRANSOCEAN REG SHS H8817H100 89,600 737


CUSIP: H8817H100