Drilling Tools International
36 hedge funds and large institutions have $10.8M invested in Drilling Tools International in 2024 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 5 closing their positions.
340% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 5
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
134% more capital invested
Capital invested by funds: $4.61M → $10.8M (+$6.16M)
80% more funds holding
Funds holding: 20 → 36 (+16)
2.21% more ownership
Funds ownership: 4.39% → 6.6% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.74M |
| 2 |
GJL
Gendell Jeffrey L
|
+$1.48M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$651K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$275K |
| 5 |
Morgan Stanley
New York
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
-$666K |
| 2 |
SCM
Shaolin Capital Management
Miami,
Florida
|
-$270K |
| 3 |
SRCM
Sage Rock Capital Management
New York
|
-$237K |
| 4 |
FLC
Fifth Lane Capital
Austin,
Texas
|
-$135K |
| 5 |
Renaissance Technologies
New York
|
-$117K |
DTI Hedge Fund Activity: Q2 2024 in Review
36 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Drilling Tools International (DTI) for Q2 2024, worth a combined $10.8M — up 134% from $4.61M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new DTI positions and 5 closed out — a net gain of 17 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $1.74M. The largest seller was NewEdge Wealth, exiting entirely with an estimated $666K sold.
- 36 institutional investors held Drilling Tools International (DTI) as of Q2 2024, up from 20 in Q1 2024.
- Funds reported $10.8M of Drilling Tools International stock for Q2 2024, up 134% quarter-over-quarter.
- 22 funds opened new Drilling Tools International positions in Q2 2024 and 5 closed out, a net change of +17 holders.
- The largest Drilling Tools International buyer in Q2 2024 was BlackRock, an estimated $1.74M added.
- The largest Drilling Tools International seller in Q2 2024 was NewEdge Wealth, an estimated $666K sold.
Based on aggregated 13F filings for Q2 2024.