Select Water Solutions
WTTR
158 hedge funds and large institutions have $527M invested in Select Water Solutions in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 62 increasing their positions, 47 reducing their positions, and 35 closing their positions.
72% more call options, than puts
Call options by funds: $2.31M | Put options by funds: $1.34M
32% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 47
5.98% more ownership
Funds ownership: 71.21% → 77.19% (+6%)
7% less funds holding
Funds holding: 169 → 158 (-11)
18% less capital invested
Capital invested by funds: $646M → $527M (-$119M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
29% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ER
EVR Research
Richmond,
Virginia
|
+$15.3M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$5.86M |
| 3 |
BlackRock
New York
|
+$5.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.63M |
| 5 |
JP Morgan Chase
New York
|
+$4.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECA
Encompass Capital Advisors
New York
|
-$11M |
| 2 |
WCCM
Webs Creek Capital Management
Dallas,
Texas
|
-$9.32M |
| 3 |
Millennium Management
New York
|
-$8.67M |
| 4 |
LI
Leeward Investments
Boston,
Massachusetts
|
-$7.4M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$4.67M |
WTTR Hedge Fund Activity: Q1 2023 in Review
158 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Select Water Solutions (WTTR) for Q1 2023, worth a combined $527M — down 18% from $646M a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of WTTR and 25 opened new positions — a net loss of 10 holders — while 47 trimmed existing stakes and 62 added.
The largest buyer was EVR Research, adding an estimated $15.3M. The largest seller was Encompass Capital Advisors, exiting entirely with an estimated $11M sold.
- 158 institutional investors held Select Water Solutions (WTTR) as of Q1 2023, down from 169 in Q4 2022.
- Funds reported $527M of Select Water Solutions stock for Q1 2023, down 18% quarter-over-quarter.
- 25 funds opened new Select Water Solutions positions in Q1 2023 and 35 closed out, a net change of -10 holders.
- The largest Select Water Solutions buyer in Q1 2023 was EVR Research, an estimated $15.3M added.
- The largest Select Water Solutions seller in Q1 2023 was Encompass Capital Advisors, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2023.