Tidewater
96 hedge funds and large institutions have $360M invested in Tidewater in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 34 reducing their positions, and 16 closing their positions.
1.3% less ownership
Funds ownership: 80.28% → 78.98% (-1.3%)
5% less capital invested
Capital invested by funds: $380M → $360M (-$19.7M)
6% less funds holding
Funds holding: 102 → 96 (-6)
19% less call options, than puts
Call options by funds: $149K | Put options by funds: $184K
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
38% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 34
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
V
ValueWorks
New York
|
+$4.43M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$2.47M |
| 3 |
Morgan Stanley
New York
|
+$1.79M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$619K |
| 5 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Moerus Capital Management
New York
|
-$7.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.04M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$924K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$840K |
| 5 |
JP Morgan Chase
New York
|
-$807K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Renaissance Technologies
New York
| – | -$242K | -19,300 | Closed |
|
102
Calamos Advisors
Naperville,
Illinois
| – | -$218K | -17,434 | Closed |
|
103
Envestnet Asset Management
Chicago,
Illinois
| – | -$199K | -15,880 | Closed |
|
104
LPL Financial
San Diego,
California
| – | -$166K | -13,238 | Closed |
|
|
P3I
105
Progeny 3 Inc
Kirkland,
Washington
| – | -$138K | -10,975 | Closed |
|
106
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$28K | -2,284 | Closed |
|
|
WAM
107
Wolverine Asset Management
Chicago,
Illinois
| – | -$24.8K | -1,869 | Closed |
|
|
PHK
108
Point72 Hong Kong
Hong Kong
| – | -$21K | -1,667 | Closed |
|
|
IR
109
IAT Reinsurance
New York
| – | -$7K | -557 | Closed |
|
TDW Hedge Fund Activity: Q2 2021 in Review
96 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Tidewater (TDW) for Q2 2021, worth a combined $360M — down 5.2% from $380M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TDW and 10 opened new positions — a net loss of 6 holders — while 34 trimmed existing stakes and 21 added.
The largest buyer was ValueWorks, opening a new position worth an estimated $4.43M. The largest seller was Moerus Capital Management, cutting an estimated $7.9M.
- 96 institutional investors held Tidewater (TDW) as of Q2 2021, down from 102 in Q1 2021.
- Funds reported $360M of Tidewater stock for Q2 2021, down 5.2% quarter-over-quarter.
- 10 funds opened new Tidewater positions in Q2 2021 and 16 closed out, a net change of -6 holders.
- The largest Tidewater buyer in Q2 2021 was ValueWorks, an estimated $4.43M added.
- The largest Tidewater seller in Q2 2021 was Moerus Capital Management, an estimated $7.9M sold.
Based on aggregated 13F filings for Q2 2021.