Drilling Tools International
57 hedge funds and large institutions have $169M invested in Drilling Tools International in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
8% more funds holding
Funds holding: 53 → 57 (+4)
1.39% more ownership
Funds ownership: 61.27% → 62.66% (+1.4%)
3% more capital invested
Capital invested by funds: $164M → $169M (+$4.88M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMAM
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
|
+$5.01M |
| 2 |
WCMNY
Westchester Capital Management (New York)
Valhalla,
New York
|
+$4.43M |
| 3 |
D.E. Shaw & Co
New York
|
+$3.34M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$3.07M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$16.2M |
| 2 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
-$370K |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
-$252K |
| 4 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$250K |
| 5 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$249K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WFA
51
Wellspring Financial Advisors
Cleveland,
Ohio
| $151K | – | – | – |
|
52
Morgan Stanley
New York
| $150K | +$130K | +12,948 | +640% |
|
|
LCM
53
Landscape Capital Management
Englewood,
New Jersey
| $118K | +$118K | +11,808 | New |
|
|
PM
54
Precept Management
Dallas,
Texas
| $100K | – | – | – |
|
|
AI
55
Arena Investors
Purchase,
New York
| $28.1K | – | – | – |
|
56
UBS Group
Zurich,
Switzerland
| $8K | +$3.88K | +388 | +91% |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| $1K | -$60 | -6 | -6% |
|
|
HCM
58
Highbridge Capital Management
New York
| – | -$16.2M | -1,625,080 | Closed |
|
|
FLC
59
Fifth Lane Capital
Austin,
Texas
| – | -$249K | -25,000 | Closed |
|
|
CM
60
Cohanzick Management
Pleasantville,
New York
| – | -$55K | -5,514 | Closed |
|
DTI Hedge Fund Activity: Q3 2022 in Review
57 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Drilling Tools International (DTI) for Q3 2022, worth a combined $169M — up 3% from $164M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DTI positions and 3 closed out — a net gain of 4 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Picton Mahoney Asset Management, adding an estimated $5.01M. The largest seller was Highbridge Capital Management, exiting entirely with an estimated $16.2M sold.
- 57 institutional investors held Drilling Tools International (DTI) as of Q3 2022, up from 53 in Q2 2022.
- Funds reported $169M of Drilling Tools International stock for Q3 2022, up 3% quarter-over-quarter.
- 7 funds opened new Drilling Tools International positions in Q3 2022 and 3 closed out, a net change of +4 holders.
- The largest Drilling Tools International buyer in Q3 2022 was Picton Mahoney Asset Management, an estimated $5.01M added.
- The largest Drilling Tools International seller in Q3 2022 was Highbridge Capital Management, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2022.