W&T Offshore
WTI
120 hedge funds and large institutions have $642M invested in W&T Offshore in 2013 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 37 increasing their positions, 47 reducing their positions, and 22 closing their positions.
18% more capital invested
Capital invested by funds: $542M → $642M (+$99.6M)
9% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 22
2.31% less ownership
Funds ownership: 50.42% → 48.12% (-2.3%)
3% less funds holding
Funds holding: 124 → 120 (-4)
21% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 47
56% less call options, than puts
Call options by funds: $2.74M | Put options by funds: $6.18M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$10.9M |
| 2 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$7.62M |
| 3 |
Millennium Management
New York
|
+$7.08M |
| 4 |
SCM
SIR Capital Management
New York
|
+$5.24M |
| 5 |
Retirement Systems of Alabama
Montgomery,
Alabama
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$27.7M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$8.71M |
| 3 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
-$5.27M |
| 4 |
HCM
Highbridge Capital Management
New York
|
-$3.83M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$3.75M |
WTI Hedge Fund Activity: Q3 2013 in Review
120 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in W&T Offshore (WTI) for Q3 2013, worth a combined $642M — up 18% from $542M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of WTI and 20 opened new positions — a net loss of 2 holders — while 47 trimmed existing stakes and 37 added.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $10.9M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $27.7M sold.
- 120 institutional investors held W&T Offshore (WTI) as of Q3 2013, down from 124 in Q2 2013.
- Funds reported $642M of W&T Offshore stock for Q3 2013, up 18% quarter-over-quarter.
- 20 funds opened new W&T Offshore positions in Q3 2013 and 22 closed out, a net change of -2 holders.
- The largest W&T Offshore buyer in Q3 2013 was Encompass Capital Advisors, an estimated $10.9M added.
- The largest W&T Offshore seller in Q3 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $27.7M sold.
Based on aggregated 13F filings for Q3 2013.