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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.

New
Increased
Maintained
Reduced
Closed

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: 5357 (+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)

Holders
57
Holders Change
+4
Holders Change %
+7.55%
% of All Funds
0.98%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
10
Reduced
9
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$12.4M
SCM
2
Shaolin Capital Management
Florida
$9.82M +$801K +80,000 +9%
D.E. Shaw & Co
3
D.E. Shaw & Co
New York
$8.95M +$3.34M +333,333 +60%
WAM
4
Weiss Asset Management
Massachusetts
$8.23M
PMAM
5
Picton Mahoney Asset Management
Ontario, Canada
$7.51M +$5.01M +500,000 +200%
SC
6
Sculptor Capital
New York
$7.01M
PC
7
Periscope Capital
Ontario, Canada
$6.3M +$991 +99 +0%
KIM
8
Karpus Investment Management
New York
$6.29M -$13K -1,300 -0.2%
TCA
9
Taconic Capital Advisors
New York
$5.92M
AA
10
AQR Arbitrage
Connecticut
$5.82M +$1.06M +106,184 +22%
HSBC Holdings
11
HSBC Holdings
United Kingdom
$5.16M
Balyasny Asset Management
12
Balyasny Asset Management
Illinois
$5.02M
WRBC
13
W.R. Berkley Corp
Connecticut
$4.98M
SRCM
14
Sage Rock Capital Management
New York
$4.74M
WCMNY
15
Westchester Capital Management (New York)
New York
$4.44M +$4.43M +442,127 New
AIMCA
16
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$4.02M
OCM
17
Oaktree Capital Management
California
$4.01M
CSS
18
Cubist Systematic Strategies
Connecticut
$3.6M -$252K -25,148 -7%
Hudson Bay Capital Management
19
Hudson Bay Capital Management
Connecticut
$3.51M
PAMP
20
Polar Asset Management Partners
Ontario, Canada
$3.41M
CCM
21
Context Capital Management
California
$3.25M
MF
22
Magnetar Financial
Illinois
$3.08M +$3.07M +306,700 New
Citigroup
23
Citigroup
New York
$3.01M
Capstone Investment Advisors
24
Capstone Investment Advisors
New York
$3.01M
KL
25
KIM LLC
Kansas
$2.93M

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.