Odey Asset Management Group Ltd reports 2.70% increase in ownership of RIG / Transocean, Inc.
August 20, 2018 - Odey Asset Management Group Ltd has filed a 13F-HR/A form disclosing ownership of 6,042,430 shares of Transocean, Inc. (NYSE:RIG) with total holdings valued at $81,210,000 USD as of June 30, 2018. Odey Asset Management Group Ltd had filed a previous 13F-HR on May 15, 2018 disclosing 5,883,499 shares of Transocean, Inc. at a value of $58,247,000 USD. This represents a change in shares of 2.70 percent and a change in value of 39.42 percent during the quarter.
Other investors with positions similar to Odey Asset Management Group Ltd include Two Sigma Investments Llc, Orbis Allan Gray Ltd, Manning & Napier Group, Llc, D. E. Shaw & Co., Inc., Dimensional Fund Advisors Lp, and Van Eck Associates Corp.
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).
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.
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