Select Water Solutions
WTTR
122 hedge funds and large institutions have $390M invested in Select Water Solutions in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 44 increasing their positions, 37 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
39% more call options, than puts
Call options by funds: $1.29M | Put options by funds: $927K
19% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 37
6% more funds holding
Funds holding: 115 → 122 (+7)
0.51% more ownership
Funds ownership: 75.96% → 76.47% (+0.51%)
44% less capital invested
Capital invested by funds: $702M → $390M (-$312M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
+$18.6M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$14M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$9.54M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$8.73M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
-$15M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.8M |
| 3 |
Bank of New York Mellon
New York
|
-$11M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$4.96M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Wolverine Trading
Chicago,
Illinois
| – | -$684K | -69,215 | Closed |
|
|
CC
127
Cambrian Capital
San Francisco,
California
| – | -$533K | -45,012 | Closed |
|
|
EMG
128
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$298K | -25,200 | Closed |
|
|
MF
129
Magnetar Financial
Evanston,
Illinois
| – | -$281K | -23,758 | Closed |
|
|
HCM
130
Hodges Capital Management
Dallas,
Texas
| – | -$185K | -15,600 | Closed |
|
|
PCM
131
Prelude Capital Management
New York
| – | -$152K | -15,348 | Closed |
|
|
SM
132
Salzhauer Michael
| – | -$118K | -10,000 | Closed |
|
|
GCM
133
GeoSphere Capital Management
Miami Beach,
Florida
| – | -$112K | -9,457 | Closed |
|
|
PHK
134
Point72 Hong Kong
Hong Kong
| – | -$100K | -8,407 | Closed |
|
|
TRCT
135
Tower Research Capital (TRC)
New York
| – | -$7K | -618 | Closed |
|
|
FGC
136
Financial Gravity Companies
Lakeway,
Texas
| – | +$198 | +20 | New |
|
WTTR Hedge Fund Activity: Q4 2018 in Review
122 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Select Water Solutions (WTTR) for Q4 2018, worth a combined $390M — down 44% from $702M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new WTTR positions and 15 closed out — a net gain of 9 holders — while 44 added to existing stakes and 37 trimmed.
The largest buyer was Encompass Capital Advisors, opening a new position worth an estimated $18.6M. The largest seller was Daruma Capital Management, cutting an estimated $15M.
- 122 institutional investors held Select Water Solutions (WTTR) as of Q4 2018, up from 115 in Q3 2018.
- Funds reported $390M of Select Water Solutions stock for Q4 2018, down 44% quarter-over-quarter.
- 24 funds opened new Select Water Solutions positions in Q4 2018 and 15 closed out, a net change of +9 holders.
- The largest Select Water Solutions buyer in Q4 2018 was Encompass Capital Advisors, an estimated $18.6M added.
- The largest Select Water Solutions seller in Q4 2018 was Daruma Capital Management, an estimated $15M sold.
Based on aggregated 13F filings for Q4 2018.