Tidewater
114 hedge funds and large institutions have $500M invested in Tidewater in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 45 increasing their positions, 31 reducing their positions, and 18 closing their positions.
45% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 31
2.13% more ownership
Funds ownership: 84.33% → 86.46% (+2.1%)
7% less funds holding
Funds holding: 122 → 114 (-8)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
33% less capital invested
Capital invested by funds: $743M → $500M (-$242M)
44% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 18
67% less call options, than puts
Call options by funds: $634K | Put options by funds: $1.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.6M |
| 2 |
WIM
Wittenberg Investment Management
Carlisle,
Massachusetts
|
+$3.55M |
| 3 |
SAM
Southpaw Asset Management
Stamford,
Connecticut
|
+$3.44M |
| 4 |
RR
Robotti Robert
|
+$3.35M |
| 5 |
TAM
Third Avenue Management
New York
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$7.03M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$6.09M |
| 3 |
QGA
Q Global Advisors
Fort Worth,
Texas
|
-$4.13M |
| 4 |
JP Morgan Chase
New York
|
-$2.73M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$1.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIA
126
FNY Investment Advisers
New York
| – | -$4K | -203 | Closed |
|
|
AG
127
Aperio Group
Sausalito,
California
| – | -$2K | -67 | Closed |
|
128
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$377 | +20 | New |
|
TDW Hedge Fund Activity: Q3 2019 in Review
114 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Tidewater (TDW) for Q3 2019, worth a combined $500M — down 33% from $743M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TDW and 10 opened new positions — a net loss of 8 holders — while 31 trimmed existing stakes and 45 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $15.6M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $7.03M sold.
- 114 institutional investors held Tidewater (TDW) as of Q3 2019, down from 122 in Q2 2019.
- Funds reported $500M of Tidewater stock for Q3 2019, down 33% quarter-over-quarter.
- 10 funds opened new Tidewater positions in Q3 2019 and 18 closed out, a net change of -8 holders.
- The largest Tidewater buyer in Q3 2019 was T. Rowe Price Associates, an estimated $15.6M added.
- The largest Tidewater seller in Q3 2019 was Mackenzie Financial, an estimated $7.03M sold.
Based on aggregated 13F filings for Q3 2019.