DataLend presents its top 10 earnings equities for April 6, 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 TRANSOCEAN | 86.37% |
| 2 GAMESTOP CL A | 87.74% |
| 3 3D SYSTEMS | 98.77% |
| 4 NOW | 91.64% |
| 5 ULTRA PETROLEUM | 80.16% |
| 6 NEUSTAR CL A | 88.43% |
| 7 MANNKIND | 91.35% |
| 8 MYRIAD GENETICS | 82.90% |
| 9 CARBO CERAMICS | 92.44% |
| 10 GREENBRIER | 95.14% |
UK |
Utilization |
| 1 TALKTALK TELECOM GROUP | 84.90% |
| 2 BP | 3.77% |
| 3 QUINDELL | 86.00% |
| 4 ASHMORE GROUP | 83.23% |
| 5 LONMIN | 88.72% |
| 6 ASOS | 60.65% |
| 7 JSC VTB BANK GDR | 28.12% |
| 8 STANDARD CHARTERED | 16.37% |
| 9 SAINSBURYJ | 69.24% |
| 10 OPTIMAL PAYMENTS | 70.74% |
Europe |
Utilization |
| 1 TRANSOCEAN (CH) | 87.76% |
| 2 GEMALTO (NL) | 93.62% |
| 3 TALKTALK TELECOM GROUP (GB) | 84.90% |
| 4 AIR FRANCE-KLM (FR) | 90.72% |
| 5 GTECH (IT) | 87.24% |
| 6 TOTAL (FR) | 13.77% |
| 7 GEMALTO (FR) | 64.73% |
| 8 SUEDZUCKER MANNHEIM OCHSENFURT (DE) | 76.26% |
| 9 TGS NOPEC GEOPHYSICAL (NO) | 69.39% |
| 10 MEYER BURGER TECHNOLOGY (CH) | 84.70% |
Far East/Australia Pacific |
Utilization |
| 1 HANERGY TFP (HK) | 79.59% |
| 2 CELLTRION (KR) | 67.52% |
| 3 EVERGRANDE (HK) | 74.72% |
| 4 DAUM KAKAO (KR) | 69.23% |
| 5 SANRIO (JP) | 76.65% |
| 6 PRADA (HK) | 80.69% |
| 7 MIXI (JP) | 75.16% |
| 8 SHARP (JP) | 82.34% |
| 9 NTT DOCOMO (JP) | 34.08% |
| 10 FORTESCUE METALS GROUP (AU) | 83.02% |
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.