We are live on ! Find out more
DTI icon

Drilling Tools International
DTI

20 hedge funds and large institutions have $3.81M invested in Drilling Tools International in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 12 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% less funds holding

Funds holding: 62 → 20 (-42)

70.3% less ownership

Funds ownership: 73.24% → 2.94% (-70%)

88% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 48

92% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 12

98% less capital invested

Capital invested by funds: $204M → $3.81M (-$200M)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $370K

Holders
20
Holders Change
-42
Holders Change %
-67.74%
% of All Funds
0.31%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
6
Increased
1
Reduced
12
Closed
48
Calls
–
Puts
$370K
Net Calls
-$370K
Net Calls Change
-$370K

Top Buyers

Rank Fund Capital Flow
1
FW
FirstPurpose Wealth
Utah
+$1.04M
2
FLC
Fifth Lane Capital
Texas
+$490K
3
TCA
Taconic Capital Advisors
New York
+$301K
4
KPF
K2 Principal Fund
Ontario, Canada
+$223K
5
KL
KIM LLC
Kansas
+$215K

Top Sellers

Rank Fund Capital Flow
1
PC
Periscope Capital
Ontario, Canada
-$13.6M
2
WCMNY
Westchester Capital Management (New York)
New York
-$9.71M
3
SCM
Saba Capital Management
New York
-$9.6M
4
Bank of Montreal
Bank of Montreal
Ontario, Canada
-$9.58M
5
FTCM
Fir Tree Capital Management
New York
-$8.31M
Name Holding Trade Value Shares
Change 		Change in
Stake
PMAM
26
Picton Mahoney Asset Management
Ontario, Canada
– -$7.84M -750,000 Closed
SCM
27
Shaolin Capital Management
Florida
– -$5.87M -683,075 Closed
KIM
28
Karpus Investment Management
New York
– -$6.45M -617,600 Closed
FTCM
29
First Trust Capital Management
Illinois
– -$5.49M -525,640 Closed
CC
30
Centiva Capital
New York
– -$5.34M -511,090 Closed
Balyasny Asset Management
31
Balyasny Asset Management
Illinois
– -$5.22M -500,000 Closed
Calamos Advisors
32
Calamos Advisors
Illinois
– -$5.22M -500,000 Closed
WRBC
33
W.R. Berkley Corp
Connecticut
– -$5.21M -498,501 Closed
Hudson Bay Capital Management
34
Hudson Bay Capital Management
Connecticut
– -$3.65M -350,000 Closed
MF
35
Magnetar Financial
Illinois
– -$3.21M -306,700 Closed
AMC
36
Atlas Merchant Capital
New York
– -$2.61M -250,000 Closed
Neuberger Berman Group
37
Neuberger Berman Group
New York
– -$2.61M -249,900 Closed
UOC
38
UBS O'Connor
Illinois
– -$2.42M -231,686 Closed
GCL
39
Glazer Capital LLC
New York
– -$2.34M -224,206 Closed
KC
40
Kryger Capital
United Kingdom
– -$2.25M -215,230 Closed
CCA
41
Castle Creek Arbitrage
Colorado
– -$2.24M -215,000 Closed
RCM
42
Radcliffe Capital Management
Pennsylvania
– -$2.09M -200,000 Closed
BI
43
Bulldog Investors
New Jersey
– -$1.9M -181,587 Closed
CSS
44
Cubist Systematic Strategies
Connecticut
– -$1.87M -178,885 Closed
RL
45
RPO LLC
Connecticut
– -$1.72M -164,982 Closed
6CM
46
683 Capital Management
New York
– -$1.57M -150,000 Closed
CIM
47
Cowen Investment Management
New York
– -$1.57M -150,000 Closed
Barclays
48
Barclays
United Kingdom
– -$1.21M -115,625 Closed
LCM
49
Lynwood Capital Management
Ontario, Canada
– -$8.25K -107,526 Closed
Capstone Investment Advisors
50
Capstone Investment Advisors
New York
– -$1.04M -100,000 Closed
1
2
3

DTI Hedge Fund Activity: Q2 2023 in Review

20 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Drilling Tools International (DTI) for Q2 2023, worth a combined $3.81M — down 98% from $204M a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of DTI and 6 opened new positions — a net loss of 42 holders — while 12 trimmed existing stakes and 1 added.

The largest buyer was FirstPurpose Wealth, opening a new position worth an estimated $1.04M. The largest seller was Periscope Capital, exiting entirely with an estimated $13.6M sold.

  • 20 institutional investors held Drilling Tools International (DTI) as of Q2 2023, down from 62 in Q1 2023.
  • Funds reported $3.81M of Drilling Tools International stock for Q2 2023, down 98% quarter-over-quarter.
  • 6 funds opened new Drilling Tools International positions in Q2 2023 and 48 closed out, a net change of -42 holders.
  • The largest Drilling Tools International buyer in Q2 2023 was FirstPurpose Wealth, an estimated $1.04M added.
  • The largest Drilling Tools International seller in Q2 2023 was Periscope Capital, an estimated $13.6M sold.

Based on aggregated 13F filings for Q2 2023.