Tidewater
235 hedge funds and large institutions have $1.98B invested in Tidewater in 2014 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 89 increasing their positions, 81 reducing their positions, and 35 closing their positions.
41% more capital inflows, than outflows
Capital inflows: $292M | Capital outflows: $206M
3.68% more ownership
Funds ownership: 98.33% → 102% (+3.7%)
10% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 81
3% less funds holding
Funds holding: 243 → 235 (-8)
20% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 35
26% less call options, than puts
Call options by funds: $5M | Put options by funds: $6.73M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Snow Capital Management
Sewickley,
Pennsylvania
|
+$59M |
| 2 |
Perkins Investment Management
Chicago,
Illinois
|
+$47.5M |
| 3 |
Southernsun Asset Management
Memphis,
Tennessee
|
+$30.7M |
| 4 |
Virtus Fund Advisers
Hartford,
Connecticut
|
+$27.9M |
| 5 |
Donald Smith & Co
New York
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Orbis Holdings
Hamilton,
Bermuda
|
-$44.7M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$22.8M |
| 3 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$19.7M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$9.38M |
| 5 |
North Point Portfolio Managers
Orange Village,
Ohio
|
-$7.52M |
TDW Hedge Fund Activity: Q3 2014 in Review
235 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Tidewater (TDW) for Q3 2014, worth a combined $1.98B — down 28% from $2.74B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of TDW and 28 opened new positions — a net loss of 7 holders — while 81 trimmed existing stakes and 89 added.
The largest buyer was Snow Capital Management, adding an estimated $59M. The largest seller was Orbis Holdings, cutting an estimated $44.7M.
- 235 institutional investors held Tidewater (TDW) as of Q3 2014, down from 243 in Q2 2014.
- Funds reported $1.98B of Tidewater stock for Q3 2014, down 28% quarter-over-quarter.
- 28 funds opened new Tidewater positions in Q3 2014 and 35 closed out, a net change of -7 holders.
- The largest Tidewater buyer in Q3 2014 was Snow Capital Management, an estimated $59M added.
- The largest Tidewater seller in Q3 2014 was Orbis Holdings, an estimated $44.7M sold.
Based on aggregated 13F filings for Q3 2014.