SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: waverider who wrote (19042)4/14/1998 5:25:00 PM
From: Big Dog  Read Replies (2) of 95453
 
FWIW Dept. Concentrated ownership of oil service shares:

* The top ten holders own 30.4% of all oil service stocks.
* The top 100 own 75.9%
* There are 1512 13f (institutional) filers, 1157 (77%) of these own oil service stocks
* 20% of all 13f filers hold 92.9% of all the oil service stocks

US Equity Market is owned 38.2% by 13f filers.
Oil Service Industry market is owned 69.1% by 13f filers

The rest is owned by folks from this board.

What this means folks is that we have a very heavy concentration of institutional money in our stocks. I will leave it to others to assess the godd/bad of this.

Source for above numbers is CDA.

The Top Ten Holders of Oil Service Stocks are: 12/97 in billions$

Fidelity 10.6
Equitable 3.6
Merrill 3.3
Janus 3.3
Barclay 3.2
Capital Research 2.4
AIM Mgmt 2.1
Morgan Stanley 2.0
Bankers Trust 1.8
Wellington 1.7

Total 34.1 (Total of top ten in 3/97 was 14.8)
Minning out of the top ten list from 3/97 FAM,Wisconsin Investment Board, Friess Assoc., Unitrin, and Mellon Bank.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext