Tidewater
239 hedge funds and large institutions have $1.2B invested in Tidewater in 2015 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 93 increasing their positions, 69 reducing their positions, and 36 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 69
22% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 36
2% more funds holding
Funds holding: 235 → 239 (+4)
0.76% more ownership
Funds ownership: 3.38% → 4.14% (+0.76%)
24% less call options, than puts
Call options by funds: $5.48M | Put options by funds: $7.21M
32% less capital invested
Capital invested by funds: $1.76B → $1.2B (-$557M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$41.7M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$39.7M |
| 3 |
SIM
Sprucegrove Investment Management
Toronto,
Ontario, Canada
|
+$28.7M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$24.6M |
| 5 |
RP
RR Partners
New York
|
+$24.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$89.1M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$19.9M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$14.2M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$12.1M |
| 5 |
Millennium Management
New York
|
-$11.7M |
TDW Hedge Fund Activity: Q1 2015 in Review
239 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Tidewater (TDW) for Q1 2015, worth a combined $1.2B — down 32% from $1.76B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new TDW positions and 36 closed out — a net gain of 8 holders — while 93 added to existing stakes and 69 trimmed.
The largest buyer was Perkins Investment Management, adding an estimated $41.7M. The largest seller was Virtus Fund Advisers, cutting an estimated $89.1M.
- 239 institutional investors held Tidewater (TDW) as of Q1 2015, up from 235 in Q4 2014.
- Funds reported $1.2B of Tidewater stock for Q1 2015, down 32% quarter-over-quarter.
- 44 funds opened new Tidewater positions in Q1 2015 and 36 closed out, a net change of +8 holders.
- The largest Tidewater buyer in Q1 2015 was Perkins Investment Management, an estimated $41.7M added.
- The largest Tidewater seller in Q1 2015 was Virtus Fund Advisers, an estimated $89.1M sold.
Based on aggregated 13F filings for Q1 2015.