DRILLING TOOLS INTL CORP DTI
COM · Common Stock · CUSIP 26205E107
- SectorIndustrials
- IndustryOil & Gas Field Machinery & Equipment
- HeadquartersHouston, TX
- FilingsSEC EDGAR
* 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. Holder counts are more reliable. Shares outstanding: 29.8m as of 2024-03-28, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.52.
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2023 | 21 |
| Q3 2023 | 21 |
| Q4 2023 | 22 |
| Q1 2024 | 21 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 9 | 10 |
| Q4 2023 | 8 | 6 |
| Q1 2024 | 11 | 6 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $0 | $370.0k | — |
| Q3 2023 | $0 | $0 | — |
| Q4 2023 | $0 | $0 | — |
| Q1 2024 | $0 | $0 | — |
Biggest buyers
| NewEdge Wealth, LLC | New | +122.7k |
| SkyView Investment Advisors, LLC | New | +79.0k |
| Solidarity Wealth, LLC | Added | +40.0k |
| Concurrent Investment Advisors, LLC | Added | +20.0k |
| GENDELL JEFFREY L | New | +11.8k |
| Shaolin Capital Management LLC | Added | +10.2k |
| FIFTH LANE CAPITAL, LP | Added | +5.0k |
| MORGAN STANLEY | Added | +3.2k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +2.4k |
| VANGUARD GROUP INC | Added | +159 |
Biggest sellers
| Saba Capital Management, L.P. | Reduced | -65.0k |
| D. E. Shaw & Co., Inc. | Sold out | -60.0k |
| Yaupon Capital Management LP | Sold out | -10.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -4.3k |
| Tower Research Capital LLC (TRC) | Sold out | -890 |
| BANK OF AMERICA CORP /DE/ | Sold out | -759 |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| GENDELL JEFFREY L 13G · passive investor +1.7 pts · filed 2026-02-06 | 6.9% |
Fell to 5% or below in the last year: Sammons Capital, Inc. (0.0%, 2026-10-14)
Insider purchases and sales in Q1 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 1 | $111.1k | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
None reported in Q1 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| Solidarity Wealth, LLC 0.30% of their portfolio | 317.2k $951.7k | Added +40.0k |
| FirstPurpose Wealth LLC 0.43% of their portfolio | 260.6k $1.2m | Unchanged |
| NewEdge Wealth, LLC 0.01% of their portfolio | 122.7k $666.1k | New |
| Concurrent Investment Advisors, LLC 0.01% of their portfolio | 85.0k $255.0k | Added +20.0k |
| Shaolin Capital Management LLC 0.01% of their portfolio | 83.2k $249.7k | Added +10.2k |
| SkyView Investment Advisors, LLC 0.04% of their portfolio | 79.0k $237.0k | New |
| Sage Rock Capital Management LP 0.74% of their portfolio | 61.0k $183.0k | Unchanged |
| Global Retirement Partners, LLC 0.01% of their portfolio | 49.5k $148.5k | Unchanged |
| FIFTH LANE CAPITAL, LP 0.18% of their portfolio | 45.0k $135.0k | Added +5.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 39.0k $117.0k | Reduced -4.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 38.5k $115.5k | Added +2.4k |
| VANGUARD GROUP INC 0.00% of their portfolio | 34.5k $103.5k | Added +159 |
| KIM, LLC 0.01% of their portfolio | 25.0k $75.0k | Unchanged |
| Yakira Capital Management, Inc. 0.03% of their portfolio | 24.1k $72.3k | Unchanged |
| Saba Capital Management, L.P. 0.00% of their portfolio | 20.7k $62.0k | Reduced -65.0k |
| GENDELL JEFFREY L 0.00% of their portfolio | 11.8k $35.4k | New |
| MORGAN STANLEY 0.00% of their portfolio | 9.7k $29.2k | Added +3.2k |
| Mint Tower Capital Management B.V. 0.01% of their portfolio | 6.4k $19.0k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 35 $105 | Added +1 |
| HHM Wealth Advisors, LLC 0.00% of their portfolio | 25 $75 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |