DataLend presents its top 10 earnings equities for October 19, 2015. This list is built on DataLend¹s universe of more than 42,000 securities on loan.
Methodology: We scan our universe of more than 42,000 securities on loan to find those securities with the most expensive financing positions in the U.S., U.K., Europe and Asia. Financing costs are determined by taking the total on-loan value of a security and multiplying it by the volume-weighted average fees to borrow that security, then converting the product of those numbers to a dollar value. We then sort the most expensive securities to finance in the securities lending market in descending order.
The top 10 is based on total borrow cost within the market, which = contract value * fee. Utilization is a component of that as the higher the utilization, the more loans are out, the higher the contract value, etc. It is ordered by the top revenue earners, i.e. those with the highest total borrow cost (contract value * fee), not necessarily the most expensive to borrow. Utilization = total out on loan / total inventory. Fees to borrow, along with a variety of other data elements, are available to DataLend clients on the DataLend platform.
US |
Utilization |
| 1 CHESAPEAKE ENERGY | 91.63% |
| 2 MANNKIND | 98.80% |
| 3 FITBIT CL A | 99.21% |
| 4 TRANSOCEAN | 92.58% |
| 5 ZILLOW GROUP CL A | 97.48% |
| 6 ZILLOW GROUP CL C WI | 94.50% |
| 7 LAREDO PETROLEUM | 90.62% |
| 8 GAMESTOP CL A | 92.11% |
| 9 ZOES KITCHEN | 95.35% |
| 10 JUNO THERAPEUTICS | 95.85% |
UK |
Utilization |
| 1 ASHMORE GROUP | 93.42% |
| 2 VEDANTA RESOURCES | 76.73% |
| 3 TALKTALK TELECOM GROUP | 89.70% |
| 4 CARILLION | 88.44% |
| 5 ROYAL DUTCH SHELL CL B | 15.88% |
| 6 ALLIED MINDS | 73.59% |
| 7 SAINSBURYJ | 70.38% |
| 8 ISHARES EURO HIGH YLD BND UCITS ETF | 94.32% |
| 9 MORRISONWM.SUPERMARKETS | 76.84% |
| 10 LONMIN | 82.13% |
Europe |
Utilization |
| 1 TRANSOCEAN (CH) | 88.04% |
| 2 SAIPEM (IT) | 94.00% |
| 3 FINGERPRINT CARDS B (SE) | 85.42% |
| 4 ASHMORE GROUP (GB) | 93.42% |
| 5 VEDANTA RESOURCES (GB) | 76.73% |
| 6 TALKTALK TELECOM GROUP (GB) | 89.70% |
| 7 ABENGOA B CLASS B (ES) | 88.85% |
| 8 KUKA (DE) | 95.26% |
| 9 SEADRILL (NO) | 95.69% |
| 10 FLS INDUSTRIES B (DK) | 82.48% |
Far East/Australia Pacific |
Utilization |
| 1 CELLTRION (KR) | 81.76% |
| 2 HUISHAN DAIRY (HK) | 92.55% |
| 3 EVERGRANDE (HK) | 84.70% |
| 4 FORTESCUE METALS GROUP (AU) | 90.90% |
| 5 DAUM KAKAO (KR) | 82.76% |
| 6 SHARP (JP) | 94.88% |
| 7 NOBLE GROUP (SG) | 88.58% |
| 8 SEMBCORP MARINE (SG) | 88.78% |
| 9 SH ELECTRIC H (HK) | 85.42% |
| 10 GOLDIN PPT (HK) | 93.35% |
This is just a snapshot of the rich data and functionalities provided by DataLend. Click here for more information about DataLend’s key features.
THE INFORMATION CONTAINED HEREIN IS PROPRIETARY TO EQUILEND; MAY NOT BE COPIED OR DISTRIBUTED WITHOUT THE EXPRESS CONSENT OF EQUILEND; SHALL NOT CONSTITUTE INVESTMENT ADVICE BY EQUILEND, OR ANY REPRESENTATIVE THEREOF; IS NOT WARRANTED TO BE ACCURATE, COMPLETE OR TIMELY; IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY; IS NOT INTENDED FOR TRADING PURPOSES; AND SHOULD NOT BE CONSTRUED AS EQUILEND MAKING FORECASTS, PROJECTING RETURNS OR RECOMMENDING ANY PARTICULAR COURSE OF ACTION. NEITHER EQUILEND NOR ANY REPRESENTATIVE THEREOF SHALL BE AN ADVISOR OR A FIDUCIARY OF A VISITOR TO THIS WEBSITE. EQUILEND IS NOT RESPONSIBLE OR LIABLE IN ANY WAY TO THE READER OR VISITOR, OR TO ANY PERSON, FIRM OR CORPORATION FOR ANY DAMAGES OR LOSSES ARISING FROM ANY USE OF THE INFORMATION CONTAINED HEREIN. IN CONSIDERING THE INFORMATION CONTAINED HEREIN, A VISITOR TO THIS WEBSITE DOES SO SOLELY IN RELIANCE ON THE VISITOR’S OWN JUDGMENT. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE PERFORMANCE.