Seadrill Limited sees increased institutional investment

Robotti Robert acquired 133,210 shares of Seadrill Limited during the second quarter, a position valued at approximately $5,038,000. This acquisition brings the investor's total ownership of the oil and gas company to roughly 0.21%.

Other major institutional investors have also adjusted their positions in Seadrill Limited. BlackRock Inc. established a new position worth approximately $207,509,000 during the second quarter. Elliott Investment Management L. P. increased its stake by 3.5% in the first quarter, now holding 4,719,085 shares.

Additional movements include Vanguard Group Inc. increasing its stake by 0.6% in the fourth quarter, Dimensional Fund Advisors LP raising its position by 10.1% in the first quarter, and Adage Capital Partners GP L. L. C. increasing its holdings by 12.0% in the fourth quarter. Currently, hedge funds and other institutional investors own approximately 95.67% of the company's stock.