Vault-13

SILVERBOW RES INC SBOW

COM · Common Stock · CUSIP 82836G102

148 institutional holders +6 vs Q3 2023
23,594,07023.6m shares reported held*
$686.1mreported value*
21 new 66 added 33 reduced 21 sold out net bought ≈ $24.2m (+899.6k 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 ($2.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.08. Options: 6 managers hold calls ($2.9m notional), 6 hold puts ($3.6m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 106Q4 22: 105Q1 23: 99Q2 23: 103Q3 23: 142Q4 23: 148148Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022106
Q4 2022105
Q1 202399
Q2 2023103
Q3 2023142
Q4 2023148

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 52 bought or addedQ4 22: 47 cut or sold outQ4 22Q1 23: 50 bought or addedQ1 23: 51 cut or sold outQ1 23Q2 23: 55 bought or addedQ2 23: 44 cut or sold outQ2 23Q3 23: 93 bought or addedQ3 23: 36 cut or sold outQ3 23Q4 23: 87 bought or addedQ4 23: 54 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225247
Q1 20235051
Q2 20235544
Q3 20239336
Q4 20238754

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ1 23 calls: $4.6mQ1 23 puts: $8.9mQ1 23P/C 1.92Q2 23 calls: $4.1mQ2 23 puts: $11.6mQ2 23P/C 2.86Q3 23 calls: $4.0mQ3 23 puts: $17.0mQ3 23P/C 4.28Q4 23 calls: $2.9mQ4 23 puts: $3.6mQ4 23P/C 1.27
Numbers
QuarterCallsPutsP/C
Q1 2023$4.6m$8.9m1.92
Q2 2023$4.1m$11.6m2.86
Q3 2023$4.0m$17.0m4.28
Q4 2023$2.9m$3.6m1.27

Biggest buyers

RIPOSTE CAPITAL LLC Added +1,005,000+1.0m
MORGAN STANLEY Added +446,184+446.2k
STATE STREET CORP Added +401,159+401.2k
DIMENSIONAL FUND ADVISORS LP Added +387,276+387.3k
BlackRock Inc. Added +338,930+338.9k
Webs Creek Capital Management LP New +335,000+335.0k
GOLDMAN SACHS GROUP INC Added +302,413+302.4k
WEXFORD CAPITAL LP New +282,064+282.1k
VANGUARD GROUP INC Added +263,131+263.1k
Zimmer Partners, LP Added +250,000+250.0k

Biggest sellers

Strategic Value Partners, LLC Reduced -2,530,000-2.5m
CITIGROUP INC Reduced -583,205-583.2k
Alyeska Investment Group, L.P. Sold out -382,809-382.8k
Thomist Capital Management, LP Sold out -270,059-270.1k
Aventail Capital Group, LP Reduced -253,726-253.7k
ADAGE CAPITAL PARTNERS GP, L.L.C. Sold out -133,334-133.3k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -114,858-114.9k
Monashee Investment Management LLC Sold out -85,000-85.0k
Man Group plc Sold out -68,695-68.7k
LPL Financial LLC Sold out -67,847-67.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.3m44.2k shares
SIMPLEX TRADING, LLC Added $511.0k17.6k shares
CITADEL ADVISORS LLC Reduced $468.2k16.1k shares
JANE STREET GROUP, LLC Reduced $369.3k12.7k shares
GROUP ONE TRADING LLC Reduced $229.7k7.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.1m72.3k shares
JANE STREET GROUP, LLC Reduced $1.2m42.6k shares
CITADEL ADVISORS LLC Reduced $177.4k6.1k shares
SIMPLEX TRADING, LLC Reduced $84.0k2.9k shares
GROUP ONE TRADING LLC Reduced $20.4k700 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Kimmeridge Energy Management Company, LLC 4.34% of their portfolio NEW YORK, NY 3,281,3563.3m $95.4m $95.4m 4.34% Unchanged
2 RIPOSTE CAPITAL LLC 35.31% of their portfolio NEW YORK, NY 2,475,0002.5m $72.0m $72.0m 35.31% Added +1.0m +1,005,000
3 Post Oak Energy Holdings, LLC 14.53% of their portfolio HOUSTON, TX 1,849,6671.8m $53.8m $53.8m 14.53% Unchanged
4 BlackRock Inc. 0.00% of their portfolio New York, NY 1,507,9671.5m $43.9m $43.9m 0.00% Added +338.9k +338,930
5 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,172,8251.2m $34.1m $34.1m 0.00% Added +263.1k +263,131
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,054,2761.1m $30.7m $30.7m 0.00% Added +401.2k +401,159
7 Woodline Partners LP 0.31% of their portfolio San Francisco, CA 973,919973.9k $28.3m $28.3m 0.31% Added +2.1k +2,133
8 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 642,940642.9k $18.7m $18.7m 0.01% Added +387.3k +387,276
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 605,524605.5k $17.6m $17.6m 0.00% Added +446.2k +446,184
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 582,373582.4k $16.9m $16.9m 0.00% Added +302.4k +302,413
11 Zimmer Partners, LP 0.53% of their portfolio NEW YORK, NY 500,000500.0k $14.5m $14.5m 0.53% Added +250.0k +250,000
12 Aventail Capital Group, LP 1.18% of their portfolio NEW YORK, NY 479,631479.6k $13.9m $13.9m 1.18% Reduced -253.7k -253,726
13 ARES MANAGEMENT LLC 0.28% of their portfolio LOS ANGELES, CA 395,897395.9k $11.5m $11.5m 0.28% Unchanged
14 Strategic Value Partners, LLC 12.71% of their portfolio Greenwich, CT 393,351393.4k $11.4m $11.4m 12.71% Reduced -2.5m -2,530,000
15 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 387,440387.4k $11.3m $11.3m 0.00% Added +77.2k +77,221
16 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 370,860370.9k $10.8m $10.8m 0.03% Added +160.8k +160,763
17 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 344,847344.8k $10.0m $10.0m 0.01% Added +107.6k +107,594
18 Webs Creek Capital Management LP 4.48% of their portfolio DALLAS, TX 335,000335.0k $9.7m $9.7m 4.48% New
19 Kore Advisors LP 6.07% of their portfolio BOYNTON BEACH, FL 322,074322.1k $9.4m $9.4m 6.07% First filing
20 ROYCE & ASSOCIATES LP 0.08% of their portfolio New York, NY 309,598309.6k $9.0m $9.0m 0.08% Added +36.7k +36,659
21 WEXFORD CAPITAL LP 1.76% of their portfolio WEST PALM BEACH, FL 282,064282.1k $8.2m $8.2m 1.76% New
22 Assenagon Asset Management S.A. 0.02% of their portfolio SENNINGERBERG, N4 280,240280.2k $8.1m $8.1m 0.02% Added +153.0k +152,987
23 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 279,656279.7k $8.1m $8.1m 0.01% Reduced -114.9k -114,858
24 Hudson Bay Capital Management LP 0.06% of their portfolio STAMFORD, CT 240,286240.3k $7.0m $7.0m 0.06% New
25 Ghisallo Capital Management LLC 0.68% of their portfolio BOSTON, MA 225,000225.0k $6.5m $6.5m 0.68% Added +25.0k +25,000
26 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 217,753217.8k $6.3m $6.3m 0.00% Added +3.6k +3,632
27 Ranger Investment Management, L.P. 0.35% of their portfolio DALLAS, TX 200,954201.0k $5.8m $5.8m 0.35% Added +8.8k +8,765
28 Yaupon Capital Management LP 0.60% of their portfolio NEW YORK, NY 190,924190.9k $5.6m $5.6m 0.60% Reduced -14.9k -14,883
29 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 178,785178.8k $5.2m $5.2m 0.00% Added +29.2k +29,242
30 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 160,333160.3k $4.7m $4.7m 0.01% Added +93 +93
31 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 158,190158.2k $4.6m $4.6m 0.00% Added +7.0k +7,034
32 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 155,473155.5k $4.5m $4.5m 0.01% Added +60.7k +60,664
33 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 153,627153.6k $4.5m $4.5m 0.00% Added +82.0k +81,974
34 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 130,436130.4k $3.8m $3.8m 0.00% Added +22.4k +22,352
35 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 128,949128.9k $3.7m $3.7m 0.00% Added +49.8k +49,831
36 Man Group plc 0.01% of their portfolio LONDON, X0 125,567125.6k $3.7m $3.7m 0.01% New
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 125,413125.4k $3.6m $3.6m 0.00% Reduced -47.6k -47,606
38 Foundry Partners, LLC 0.21% of their portfolio MINNEAPOLIS, MN 119,610119.6k $3.5m $3.5m 0.21% Added +19.4k +19,385
39 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 116,900116.9k $3.4m $3.4m 0.01% New
40 PANAGORA ASSET MANAGEMENT INC 0.02% of their portfolio BOSTON, MA 105,024105.0k $3.1m $3.1m 0.02% Added +46.2k +46,202
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 92,40492.4k $2.7m $2.7m 0.00% Reduced -54.4k -54,416
42 Public Sector Pension Investment Board 0.02% of their portfolio MONTREAL, A8 90,00090.0k $2.6m $2.6m 0.02% Unchanged
43 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 87,10687.1k $2.5m $2.5m 0.00% Added +68.6k +68,558
44 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.05% of their portfolio HOUSTON, TX 76,28876.3k $2.2m $2.2m 0.05% Added +5.3k +5,324
45 Empowered Funds, LLC 0.06% of their portfolio NEWTOWN SQUARE, PA 76,28876.3k $2.2m $2.2m 0.06% Added +6.8k +6,824
46 TUDOR INVESTMENT CORP ET AL 0.03% of their portfolio STAMFORD, CT 63,51463.5k $1.8m $1.8m 0.03% Reduced -7.6k -7,557
47 Brandywine Global Investment Management, LLC 0.01% of their portfolio PHILADELPHIA, PA 60,85660.9k $1.8m $1.8m 0.01% Reduced -6.4k -6,371
48 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 58,46658.5k $1.7m $1.7m 0.00% Added +6.4k +6,356
49 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 56,04056.0k $1.6m $1.6m 0.01% Added +29.1k +29,065
50 PDT Partners, LLC 0.17% of their portfolio New York, NY 54,07854.1k $1.6m $1.6m 0.17% Added +33.1k +33,096
51 SOROS FUND MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 50,00050.0k $1.5m $1.5m 0.03% New
52 SEVEN GRAND MANAGERS, LLC 1.39% of their portfolio BRONXVILLE, NY 50,00050.0k $1.5m $1.5m 1.39% New
53 Guild Investment Management, Inc. 2.29% of their portfolio WESTLAKE VILLAGE, CA 49,67549.7k $1.4m $1.4m 2.29% Added +12.8k +12,790
54 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 48,94048.9k $1.4m $1.4m 0.00% Added +6.0k +6,050
55 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 48,27948.3k $1.4m $1.4m 0.00% New
56 ClariVest Asset Management LLC 0.06% of their portfolio SAN DIEGO, CA 38,20338.2k $1.1m $1.1m 0.06% Added +1.2k +1,188
57 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 37,42437.4k $1.1m $1.1m 0.01% New
58 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 36,72636.7k $1.1m $1.1m 0.00% New
59 VAN DEN BERG MANAGEMENT I, INC 0.35% of their portfolio AUSTIN, TX 36,34936.3k $1.1m $1.1m 0.35% Added +409 +409
60 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 35,97236.0k $1.0m $1.0m 0.00% Added +27.9k +27,950
61 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 33,87033.9k $984.9k $984.9k 0.00% Reduced -583.2k -583,205
62 Graham Capital Management, L.P. 0.03% of their portfolio ROWAYTON, CT 33,11333.1k $962.9k $962.9k 0.03% Reduced -5.8k -5,837
63 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 32,03932.0k $931.7k $931.7k 0.00% Added +21.8k +21,763
64 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 31,56831.6k $918.0k $918.0k 0.00% Reduced -22.4k -22,370
65 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 30,25730.3k $879.9k $879.9k 0.00% Added +3.5k +3,470
66 Swiss National Bank 0.00% of their portfolio ZURICH, V8 30,10030.1k $875.3k $875.3k 0.00% Reduced -3.1k -3,100
67 LSV ASSET MANAGEMENT 0.00% of their portfolio CHICAGO, IL 29,50029.5k $858.0k $858.0k 0.00% Added +15.8k +15,800
68 CastleKnight Management LP 0.13% of their portfolio New York, NY 27,80027.8k $808.4k $808.4k 0.13% New
69 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 25,98826.0k $755.7k $755.7k 0.00% Reduced -61.1k -61,137
70 DENALI ADVISORS LLC 0.22% of their portfolio SAN DIEGO, CA 25,00025.0k $727.0k $727.0k 0.22% Reduced -6.4k -6,400
71 SummerHaven Investment Management, LLC 0.45% of their portfolio STAMFORD, CT 24,26724.3k $705.7k $705.7k 0.45% Added +383 +383
72 UBS Group AG 0.00% of their portfolio ZURICH, V8 24,25924.3k $705.5k $705.5k 0.00% Added +593 +593
73 Quadrature Capital Ltd 0.01% of their portfolio LONDON, X0 24,13724.1k $701.9k $701.9k 0.01% Reduced -15.8k -15,814
74 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio JUPITER, FL 23,89123.9k $694.8k $694.8k 0.00% Reduced -35.8k -35,769
75 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 22,76122.8k $661.9k $661.9k 0.00% New
76 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 22,45422.5k $653.0k $653.0k 0.00% Reduced -7.2k -7,190
77 ClearAlpha Technologies LP 0.25% of their portfolio Greenwich, CT 22,21622.2k $646.0k $646.0k 0.25% First filing
78 Ziegler Capital Management, LLC 0.03% of their portfolio CHICAGO, IL 21,68521.7k $630.6k $630.6k 0.03% Unchanged
79 HBK INVESTMENTS L P 0.01% of their portfolio DALLAS, TX 20,00020.0k $581.6k $581.6k 0.01% Not comparable
80 Diametric Capital, LP 0.34% of their portfolio BOSTON, MA 19,04019.0k $553.7k $553.7k 0.34% Added +11.8k +11,784
81 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 18,99319.0k $552.0k $552.0k 0.00% Reduced -27.6k -27,596
82 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 18,26018.3k $531.0k $531.0k 0.00% Unchanged
83 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 17,91817.9k $521.0k $521.0k 0.00% Reduced -7.3k -7,254
84 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 17,08017.1k $496.7k $496.7k 0.00% Reduced -311 -311
85 Legal & General Group Plc 0.00% of their portfolio London, X0 16,03616.0k $466.3k $466.3k 0.00% Added +269 +269
86 MONTGOMERY INVESTMENT MANAGEMENT INC 0.14% of their portfolio ROCKVILLE, MD 15,55015.6k $452.2k $452.2k 0.14% Added +1.2k +1,250
87 Advantage Alpha Capital Partners LP 0.08% of their portfolio SAN FRANCISCO, CA 15,24915.2k $443.4k $443.4k 0.08% New
88 MOODY NATIONAL BANK TRUST DIVISION 0.03% of their portfolio GALVESTON, TX 15,00015.0k $436.2k $436.2k 0.03% Unchanged
89 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 14,48314.5k $421.2k $421.2k 0.00% Reduced -4.4k -4,428
90 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 13,28013.3k $386.2k $386.2k 0.04% Added +4.7k +4,698
91 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 12,88612.9k $374.7k $374.7k 0.00% Unchanged
92 Koss-Olinger Consulting, LLC 0.04% of their portfolio GAINESVILLE, FL 12,83512.8k $373.0k $373.0k 0.04% New
93 Callahan Advisors, LLC 0.04% of their portfolio Houston, TX 12,70012.7k $369.3k $369.3k 0.04% Added +1.2k +1,200
94 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 12,57912.6k $365.8k $365.8k 0.00% Added +2.0k +2,041
95 TEACHER RETIREMENT SYSTEM OF TEXAS 0.00% of their portfolio AUSTIN, TX 12,31912.3k $358.0k $358.0k 0.00% Added +4.9k +4,873
96 WESTWOOD HOLDINGS GROUP INC 0.00% of their portfolio DALLAS, TX 12,03012.0k $350.0k $350.0k 0.00% Unchanged
97 AlphaQuest LLC 0.07% of their portfolio New York, NY 11,58711.6k $336.9k $336.9k 0.07% First filing
98 ALGERT GLOBAL LLC 0.01% of their portfolio SAN FRANCISCO, CA 11,43011.4k $332.4k $332.4k 0.01% New
99 Versor Investments LP 0.07% of their portfolio New York, NY 11,26611.3k $327.6k $327.6k 0.07% Reduced -5.3k -5,282
100 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 11,06411.1k $321.7k $321.7k 0.00% Added +1.7k +1,709