Vault-13

DRIL-QUIP INC

COM · CUSIP 262037104

178 institutional holders +7 vs Q1 2024
34,764,91134.8m shares reported held*
$646.6mreported value*
27 new 66 added 58 reduced 23 sold out net sold ≈ $12.1m (-647.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($656.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $18.60. Options: 5 managers hold calls ($1.3m notional), 3 hold puts ($62.6k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 176Q4 22: 182Q1 23: 186Q2 23: 168Q3 23: 174Q4 23: 167Q1 24: 171Q2 24: 178178Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022176
Q4 2022182
Q1 2023186
Q2 2023168
Q3 2023174
Q4 2023167
Q1 2024171
Q2 2024178

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 76 bought or addedQ4 22: 89 cut or sold outQ4 22Q1 23: 87 bought or addedQ1 23: 86 cut or sold outQ2 23: 70 bought or addedQ2 23: 101 cut or sold outQ2 23Q3 23: 81 bought or addedQ3 23: 78 cut or sold outQ4 23: 73 bought or addedQ4 23: 85 cut or sold outQ4 23Q1 24: 75 bought or addedQ1 24: 84 cut or sold outQ2 24: 93 bought or addedQ2 24: 81 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20227689
Q1 20238786
Q2 202370101
Q3 20238178
Q4 20237385
Q1 20247584
Q2 20249381

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$1m$2m$3mQ3 23 calls: $2.3mQ3 23 puts: $338.0kQ3 23P/C 0.15Q4 23 calls: $2.8mQ4 23 puts: $343.8kQ4 23P/C 0.12Q1 24 calls: $1.7mQ1 24 puts: $560.7kQ1 24P/C 0.33Q2 24 calls: $1.3mQ2 24 puts: $62.6kQ2 24P/C 0.05
Numbers
QuarterCallsPutsP/C
Q3 2023$2.3m$338.0k0.15
Q4 2023$2.8m$343.8k0.12
Q1 2024$1.7m$560.7k0.33
Q2 2024$1.3m$62.6k0.05

Biggest buyers

BRANDES INVESTMENT PARTNERS, LP Added +852,035+852.0k
Nuveen Asset Management, LLC Added +234,810+234.8k
Weiss Asset Management LP New +216,670+216.7k
CenterBook Partners LP Added +136,501+136.5k
VANGUARD GROUP INC Added +130,659+130.7k
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Added +121,681+121.7k
D. E. Shaw & Co., Inc. Added +89,881+89.9k
ExodusPoint Capital Management, LP New +79,679+79.7k
ALGERT GLOBAL LLC Added +75,464+75.5k
GOLDMAN SACHS GROUP INC Added +62,973+63.0k

Biggest sellers

Ranger Investment Management, L.P. Reduced -969,133-969.1k
MORGAN STANLEY Reduced -472,359-472.4k
FRED ALGER MANAGEMENT, LLC Sold out -394,701-394.7k
Bank of New York Mellon Corp Reduced -329,378-329.4k
Harvey Partners, LLC Sold out -152,000-152.0k
Brandywine Global Investment Management, LLC Reduced -132,559-132.6k
NEUBERGER BERMAN GROUP LLC Reduced -105,249-105.2k
SEGALL BRYANT & HAMILL, LLC Reduced -97,298-97.3k
Russell Investments Group, Ltd. Reduced -62,894-62.9k
MARSHALL WACE, LLP Sold out -54,627-54.6k

Biggest calls

Crawford Fund Management, LLC Reduced $623.1k33.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $407.3k21.9k shares
CITADEL ADVISORS LLC Added $202.7k10.9k shares
SIMPLEX TRADING, LLC Reduced $61.0k3.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $44.6k2.4k shares
SIMPLEX TRADING, LLC Reduced $18.0k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.00% of their portfolio New York, NY 5,593,6705.6m $104.0m $104.0m 0.00% Reduced -460 -460
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 4,008,9224.0m $74.6m $74.6m 0.00% Added +130.7k +130,659
3 BRANDES INVESTMENT PARTNERS, LP 0.85% of their portfolio LA JOLLA, CA 3,732,7163.7m $69.4m $69.4m 0.85% Added +852.0k +852,035
4 GAMCO INVESTORS, INC. ET AL 0.45% of their portfolio GREENWICH, CT 2,222,7162.2m $41.3m $41.3m 0.45% Added +13.1k +13,100
5 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 2,038,0572.0m $37.9m $37.9m 0.01% Reduced -36.8k -36,790
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,462,6511.5m $27.2m $27.2m 0.00% Reduced -1.6k -1,650
7 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio CHICAGO, IL 1,360,2911.4m $25.3m $25.3m 0.07% Added +121.7k +121,681
8 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 774,906774.9k $14.4m $14.4m 0.00% Added +29.1k +29,100
9 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 716,822716.8k $13.3m $13.3m 0.01% Reduced -105.2k -105,249
10 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 688,882688.9k $12.8m $12.8m 0.01% Reduced -48.6k -48,647
11 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 674,997675.0k $12.6m $12.6m 0.00% Reduced -329.4k -329,378
12 SEGALL BRYANT & HAMILL, LLC 0.21% of their portfolio CHICAGO, IL 647,016647.0k $12.0m $12.0m 0.21% Reduced -97.3k -97,298
13 GABELLI FUNDS LLC 0.08% of their portfolio Rye, NY 551,538551.5k $10.3m $10.3m 0.08% Added +7.7k +7,658
14 ROYCE & ASSOCIATES LP 0.09% of their portfolio New York, NY 528,450528.5k $9.8m $9.8m 0.09% Added +301 +301
15 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 477,410477.4k $8.9m $8.9m 0.03% Added +52.1k +52,080
16 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 470,145470.1k $8.7m $8.7m 0.00% Reduced -472.4k -472,359
17 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 459,258459.3k $8.5m $8.5m 0.01% Reduced -48.4k -48,425
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 444,108444.1k $8.3m $8.3m 0.00% Reduced -28.7k -28,706
19 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 427,448427.4k $8.0m $8.0m 0.00% Added +234.8k +234,810
20 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 347,067347.1k $6.5m $6.5m 0.00% Reduced -15.7k -15,693
21 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 345,667345.7k $6.4m $6.4m 0.00% Reduced -14.7k -14,713
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 313,915313.9k $5.8m $5.8m 0.00% Added +63.0k +62,973
23 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 301,690301.7k $5.6m $5.6m 0.01% Added +26.2k +26,164
24 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 285,409285.4k $5.3m $5.3m 0.00% Reduced -7.9k -7,855
25 LONDON CO OF VIRGINIA 0.03% of their portfolio RICHMOND, VA 271,606271.6k $5.1m $5.1m 0.03% Reduced -40.4k -40,406
26 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 258,001258.0k $4.8m $4.8m 0.01% Reduced -62.9k -62,894
27 HEARTLAND ADVISORS INC 0.27% of their portfolio MILWAUKEE, WI 255,850255.8k $4.8m $4.8m 0.27% Added +54.1k +54,100
28 De Lisle Partners LLP 0.91% of their portfolio POOLE, X0 223,591223.6k $4.2m $4.2m 0.91% Added +16.1k +16,131
29 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 219,785219.8k $4.1m $4.1m 0.00% Reduced -37.4k -37,404
30 Weiss Asset Management LP 0.19% of their portfolio BOSTON, MA 216,670216.7k $4.0m $4.0m 0.19% New
31 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 172,483172.5k $3.2m $3.2m 0.00% Added +89.9k +89,881
32 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 169,765169.8k $3.2m $3.2m 0.00% Reduced -7.7k -7,717
33 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 164,035164.0k $3.1m $3.1m 0.00% Reduced -5.3k -5,315
34 CenterBook Partners LP 0.19% of their portfolio GREENWICH, CT 163,102163.1k $3.0m $3.0m 0.19% Added +136.5k +136,501
35 Foundry Partners, LLC 0.16% of their portfolio MINNEAPOLIS, MN 156,490156.5k $2.9m $2.9m 0.16% Reduced -2.0k -2,000
36 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 151,766151.8k $2.8m $2.8m 0.00% Added +32.9k +32,852
37 Bridge City Capital, LLC 0.82% of their portfolio LAKE OSWEGO, OR 130,918130.9k $2.4m $2.4m 0.82% Added +2.7k +2,664
38 Acuitas Investments, LLC 1.29% of their portfolio Seattle, WA 129,488129.5k $2.4m $2.4m 1.29% Unchanged
39 Wallace Capital Management Inc. 0.34% of their portfolio DALLAS, TX 124,923124.9k $2.3m $2.3m 0.34% Reduced -3.2k -3,215
40 ALGERT GLOBAL LLC 0.07% of their portfolio SAN FRANCISCO, CA 118,004118.0k $2.2m $2.2m 0.07% Added +75.5k +75,464
41 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 110,460110.5k $2.1m $2.1m 0.00% Reduced -39 -39
42 Brandywine Global Investment Management, LLC 0.01% of their portfolio PHILADELPHIA, PA 106,922106.9k $2.0m $2.0m 0.01% Reduced -132.6k -132,559
43 Cullen/Frost Bankers, Inc. 0.03% of their portfolio San Antonio, TX 100,000100.0k $1.9m $1.9m 0.03% Unchanged
44 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 99,33799.3k $1.8m $1.8m 0.00% Reduced -26.5k -26,502
45 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 95,15295.2k $1.8m $1.8m 0.00% Added +21.9k +21,946
46 Legal & General Group Plc 0.00% of their portfolio London, X0 92,26292.3k $1.7m $1.7m 0.00% Reduced -2.0k -2,020
47 Lesa Sroufe & Co 1.56% of their portfolio SEATTLE, WA 86,30986.3k $1.6m $1.6m 1.56% Reduced -1.5k -1,541
48 Sargent Investment Group, LLC 0.32% of their portfolio BETHESDA, MD 85,64885.6k $1.6m $1.6m 0.32% Added +10.7k +10,704
49 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 79,67979.7k $1.5m $1.5m 0.02% New
50 Public Sector Pension Investment Board 0.01% of their portfolio MONTREAL, A8 75,77575.8k $1.4m $1.4m 0.01% Added +4.9k +4,852
51 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 71,54571.5k $1.3m $1.3m 0.00% Reduced -23.1k -23,065
52 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 66,88566.9k $1.2m $1.2m 0.00% Added +6.9k +6,932
53 Swiss National Bank 0.00% of their portfolio ZURICH, V8 64,00064.0k $1.2m $1.2m 0.00% Unchanged
54 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio ALBANY, NY 60,94960.9k $1.1m $1.1m 0.00% Reduced -1.9k -1,874
55 Polaris Capital Management, LLC 0.06% of their portfolio BOSTON, MA 60,50060.5k $1.1m $1.1m 0.06% Unchanged
56 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 55,29855.3k $1.0m $1.0m 0.00% Reduced -1.8k -1,769
57 Legato Capital Management LLC 0.13% of their portfolio San Francisco, CA 51,61051.6k $959.9k $959.9k 0.13% Added +4.3k +4,253
58 DEAN INVESTMENT ASSOCIATES, LLC 0.13% of their portfolio BEAVERCREEK, OH 47,77447.8k $888.6k $888.6k 0.13% Added +8.7k +8,680
59 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 47,13547.1k $876.7k $876.7k 0.00% Added +287 +287
60 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 46,50046.5k $864.9k $864.9k 0.00% Reduced -7.9k -7,900
61 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 44,93244.9k $835.7k $835.7k 0.00% Added +13.8k +13,796
62 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 44,85444.9k $834.3k $834.3k 0.01% New
63 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 41,74941.7k $776.5k $776.5k 0.00% Unchanged
64 Ensign Peak Advisors, Inc 0.00% of their portfolio SALT LAKE CITY, UT 40,75840.8k $758.1k $758.1k 0.00% Added +7.0k +6,950
65 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 39,28939.3k $731.0k $731.0k 0.00% Reduced -883 -883
66 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 38,69238.7k $719.7k $719.7k 0.00% Added +10.5k +10,539
67 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 37,95138.0k $705.9k $705.9k 0.00% Reduced -700 -700
68 Oppenheimer & Close, LLC 0.62% of their portfolio NEW YORK, NY 37,70037.7k $701.2k $701.2k 0.62% Added +14.0k +14,000
69 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 37,23937.2k $692.0k $692.0k 0.00% Added +7.5k +7,549
70 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 36,58736.6k $680.5k $680.5k 0.00% New
71 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 34,40034.4k $639.8k $639.8k 0.01% Added +24.3k +24,286
72 Nebula Research & Development LLC 0.10% of their portfolio New York, NY 32,49332.5k $604.4k $604.4k 0.10% Added +22.3k +22,283
73 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 31,99532.0k $595.1k $595.1k 0.00% Reduced -619 -619
74 Semanteon Capital Management, LP 0.39% of their portfolio NEWTON, MA 29,31629.3k $545.3k $545.3k 0.39% New
75 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 28,87628.9k $574.9k $574.9k 0.00% First filing
76 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 28,57428.6k $531.0k $531.0k 0.00% Reduced -1.1k -1,080
77 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 27,82327.8k $517.5k $517.5k 0.00% Reduced -20.1k -20,127
78 Ranger Investment Management, L.P. 0.04% of their portfolio DALLAS, TX 27,69727.7k $515.2k $515.2k 0.04% Reduced -969.1k -969,133
79 UBS Group AG 0.00% of their portfolio ZURICH, V8 27,65027.6k $514.3k $514.3k 0.00% Added +2.0k +1,962
80 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 26,50026.5k $492.9k $492.9k 0.00% Unchanged
81 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 26,19426.2k $487.2k $487.2k 0.00% Added +4.4k +4,377
82 GSA CAPITAL PARTNERS LLP 0.03% of their portfolio LONDON, X0 24,26824.3k $451.0k $451.0k 0.03% New
83 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 23,94923.9k $445.5k $445.5k 0.00% Added +1.8k +1,802
84 TUDOR INVESTMENT CORP ET AL 0.00% of their portfolio STAMFORD, CT 23,83723.8k $443.4k $443.4k 0.00% New
85 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 21,96422.0k $408.5k $408.5k 0.00% New
86 CHILTON CAPITAL MANAGEMENT LLC 0.02% of their portfolio HOUSTON, TX 21,66821.7k $403.0k $403.0k 0.02% Unchanged
87 Partnership Wealth Management, LLC 0.29% of their portfolio TOWSON, MD 21,38121.4k $397.7k $397.7k 0.29% Added +1.4k +1,360
88 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 20,61520.6k $383.4k $383.4k 0.00% Added +2.7k +2,717
89 Quantbot Technologies LP 0.02% of their portfolio NEW YORK, NY 20,53020.5k $381.9k $381.9k 0.02% New
90 State of Alaska, Department of Revenue 0.00% of their portfolio JUNEAU, AK 20,20920.2k $375.0k $375.0k 0.00% Reduced -615 -615
91 Corebridge Financial, Inc. 0.00% of their portfolio HOUSTON, TX 19,85319.9k $369.3k $369.3k 0.00% First filing
92 Illinois Municipal Retirement Fund 0.01% of their portfolio OAK BROOK, IL 19,71219.7k $366.6k $366.6k 0.01% Reduced -152 -152
93 MOODY NATIONAL BANK TRUST DIVISION 0.03% of their portfolio GALVESTON, TX 19,06719.1k $354.6k $354.6k 0.03% Added +30 +30
94 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 18,90418.9k $351.6k $351.6k 0.04% Added +3.2k +3,179
95 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 17,89717.9k $332.9k $332.9k 0.00% First filing
96 Dean Capital Management 0.42% of their portfolio OVERLAND PARK, KS 17,63817.6k $328.1k $328.1k 0.42% Added +4.3k +4,253
97 Sequoia Financial Advisors, LLC 0.00% of their portfolio Akron, OH 17,62517.6k $327.8k $327.8k 0.00% New
98 CAXTON ASSOCIATES LP 0.01% of their portfolio NEW YORK, NY 17,56517.6k $326.7k $326.7k 0.01% New
99 Graham Capital Management, L.P. 0.01% of their portfolio ROWAYTON, CT 17,37717.4k $323.2k $323.2k 0.01% Added +5.4k +5,395
100 Louisiana State Employees Retirement System 0.01% of their portfolio BATON ROUGE, LA 17,30017.3k $321.8k $321.8k 0.01% Added +400 +400