Superior Drilling Products Inc.
SDPI
SDPI was delisted on the 31st of July, 2024.
21 hedge funds and large institutions have $1.38M invested in Superior Drilling Products Inc. in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 9 closing their positions.
19% more capital invested
Capital invested by funds: $1.16M → $1.38M (+$216K)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
22% less funds holding
Funds holding: 27 → 21 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCM
Black Maple Capital Management
Milwaukee,
Wisconsin
|
+$132K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$61.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.69K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$5.58K |
| 5 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$234 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$133K |
| 2 |
Renaissance Technologies
New York
|
-$52.1K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$25K |
| 4 |
EAM
Evanson Asset Management
Carmel,
California
|
-$21.4K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$14.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
26
Virtu Financial
New York
| – | -$11K | -15,586 | Closed |
|
27
Fidelity Investments
Boston,
Massachusetts
| – | -$500 | -700 | Closed |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$75 | -96 | -50% |
|
29
Bank of America
Charlotte,
North Carolina
| – | -$6 | -9 | Closed |
|
30
BlackRock
New York
| – | -$6 | -9 | Closed |
|
SDPI Hedge Fund Activity: Q1 2024 in Review
21 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Superior Drilling Products Inc. (SDPI) for Q1 2024, worth a combined $1.38M — up 19% from $1.16M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SDPI and 3 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Black Maple Capital Management, opening a new position worth an estimated $132K. The largest seller was CreativeOne Wealth, exiting entirely with an estimated $133K sold.
- 21 institutional investors held Superior Drilling Products Inc. (SDPI) as of Q1 2024, down from 27 in Q4 2023.
- Funds reported $1.38M of Superior Drilling Products Inc. stock for Q1 2024, up 19% quarter-over-quarter.
- 3 funds opened new Superior Drilling Products Inc. positions in Q1 2024 and 9 closed out, a net change of -6 holders.
- The largest Superior Drilling Products Inc. buyer in Q1 2024 was Black Maple Capital Management, an estimated $132K added.
- The largest Superior Drilling Products Inc. seller in Q1 2024 was CreativeOne Wealth, an estimated $133K sold.
Based on aggregated 13F filings for Q1 2024.