Drilling Tools International
20 hedge funds and large institutions have $4.61M invested in Drilling Tools International in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 4 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
25% more capital invested
Capital invested by funds: $3.69M → $4.61M (+$920K)
0.5% more ownership
Funds ownership: 3.88% → 4.39% (+0.5%)
5% less funds holding
Funds holding: 21 → 20 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
+$366K |
| 2 |
SIA
SkyView Investment Advisors
Shrewsbury,
New Jersey
|
+$235K |
| 3 |
SW
Solidarity Wealth
Lehi,
Utah
|
+$119K |
| 4 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$59.6K |
| 5 |
GJL
Gendell Jeffrey L
|
+$35.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$194K |
| 2 |
D.E. Shaw & Co
New York
|
-$191K |
| 3 |
YCM
Yaupon Capital Management
New York
|
-$33K |
| 4 |
Renaissance Technologies
New York
|
-$12.8K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.85K |
DTI Hedge Fund Activity: Q1 2024 in Review
20 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Drilling Tools International (DTI) for Q1 2024, worth a combined $4.61M — up 25% from $3.69M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DTI and 3 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 7 added.
The largest buyer was NewEdge Wealth, opening a new position worth an estimated $366K. The largest seller was Saba Capital Management, cutting an estimated $194K.
- 20 institutional investors held Drilling Tools International (DTI) as of Q1 2024, down from 21 in Q4 2023.
- Funds reported $4.61M of Drilling Tools International stock for Q1 2024, up 25% quarter-over-quarter.
- 3 funds opened new Drilling Tools International positions in Q1 2024 and 4 closed out, a net change of -1 holder.
- The largest Drilling Tools International buyer in Q1 2024 was NewEdge Wealth, an estimated $366K added.
- The largest Drilling Tools International seller in Q1 2024 was Saba Capital Management, an estimated $194K sold.
Based on aggregated 13F filings for Q1 2024.