Vault-13

TELLURIAN INC NEW TELL

COM · Common Stock · CUSIP 87968A104 · ISIN US87968A1043

246 institutional holders +10 vs Q4 2023
313,748,864313.7m shares reported held*
$202.6mreported value*
42 new 86 added 44 reduced 31 sold out net bought ≈ $32.2m (+48.8m 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 ($117.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.65. Options: 10 managers hold calls ($1.7m notional), 12 hold puts ($2.4m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 257Q4 22: 239Q1 23: 230Q2 23: 230Q3 23: 243Q4 23: 236Q1 24: 246246Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022257
Q4 2022239
Q1 2023230
Q2 2023230
Q3 2023243
Q4 2023236
Q1 2024246

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 103 bought or addedQ4 22: 121 cut or sold outQ4 22Q1 23: 106 bought or addedQ1 23: 113 cut or sold outQ1 23Q2 23: 98 bought or addedQ2 23: 81 cut or sold outQ2 23Q3 23: 103 bought or addedQ3 23: 80 cut or sold outQ3 23Q4 23: 109 bought or addedQ4 23: 88 cut or sold outQ4 23Q1 24: 128 bought or addedQ1 24: 75 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022103121
Q1 2023106113
Q2 20239881
Q3 202310380
Q4 202310988
Q1 202412875

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ2 23 calls: $8.8mQ2 23 puts: $3.3mQ2 23P/C 0.38Q3 23 calls: $6.3mQ3 23 puts: $2.6mQ3 23P/C 0.42Q4 23 calls: $5.1mQ4 23 puts: $2.0mQ4 23P/C 0.39Q1 24 calls: $1.7mQ1 24 puts: $2.4mQ1 24P/C 1.39
Numbers
QuarterCallsPutsP/C
Q2 2023$8.8m$3.3m0.38
Q3 2023$6.3m$2.6m0.42
Q4 2023$5.1m$2.0m0.39
Q1 2024$1.7m$2.4m1.39

Biggest buyers

STATE STREET CORP Added +18,748,218+18.7m
Encompass Capital Advisors LLC New +14,994,834+15.0m
MORGAN STANLEY Added +9,613,222+9.6m
MILLENNIUM MANAGEMENT LLC Added +5,264,939+5.3m
Point72 Asset Management, L.P. Added +4,431,790+4.4m
VANGUARD GROUP INC Added +4,149,531+4.1m
BANK OF AMERICA CORP /DE/ Added +2,360,528+2.4m
UBS Group AG Added +2,011,915+2.0m
BARCLAYS PLC Added +1,757,450+1.8m
RENAISSANCE TECHNOLOGIES LLC Added +1,430,500+1.4m

Biggest sellers

Hudson Bay Capital Management LP Reduced -10,438,262-10.4m
D. E. Shaw & Co., Inc. Reduced -8,930,828-8.9m
Melqart Asset Management (UK) Ltd Sold out -2,500,768-2.5m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -1,937,651-1.9m
FIRST TRUST ADVISORS LP Reduced -1,028,984-1.0m
CITADEL ADVISORS LLC Reduced -996,638-996.6k
Cetera Advisor Networks LLC Sold out -395,164-395.2k
JPMORGAN CHASE & CO Reduced -249,496-249.5k
TWO SIGMA SECURITIES, LLC Reduced -234,252-234.3k
Gradient Investments LLC Sold out -200,000-200.0k

Biggest calls

SIMPLEX TRADING, LLC Reduced $527.0k797.6k shares
CITADEL ADVISORS LLC Reduced $303.1k458.2k shares
GROUP ONE TRADING LLC Reduced $238.8k361.1k shares
JANE STREET GROUP, LLC Reduced $215.7k326.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $193.5k293.2k shares
GTS SECURITIES LLC Reduced $116.9k176.9k shares
WOLVERINE TRADING, LLC Reduced $100.3k151.6k shares
HAP Trading, LLC Added $4.7k21.9k shares
SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC Reduced $4.0k6.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $711.8k1.1m shares
GROUP ONE TRADING LLC Added $621.8k940.1k shares
CITADEL ADVISORS LLC Reduced $384.9k582.0k shares
SIMPLEX TRADING, LLC Added $370.0k560.8k shares
BOOTHBAY FUND MANAGEMENT, LLC New $105.0k158.7k shares
GTS SECURITIES LLC Added $90.8k137.4k shares
JANE STREET GROUP, LLC Reduced $32.8k49.6k shares
WOLVERINE TRADING, LLC Reduced $25.6k38.7k shares
XR Securities LLC New $14.6k22.0k shares
HAP Trading, LLC Reduced $6.4k15.7k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 65,396,50865.4m $43.3m $43.3m 0.00% Added +18.7m +18,748,218
2 BlackRock Inc. 0.00% of their portfolio New York, NY 45,660,19445.7m $30.2m $30.2m 0.00% Added +1.0m +1,025,440
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 37,380,93137.4m $24.7m $24.7m 0.00% Added +4.1m +4,149,531
4 Hudson Bay Capital Management LP 0.07% of their portfolio STAMFORD, CT 19,561,73819.6m $8.1m $8.1m 0.07% Reduced -10.4m -10,438,262
5 Encompass Capital Advisors LLC 0.54% of their portfolio New York, NY 14,994,83415.0m $9.9m $9.9m 0.54% New
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 14,750,60414.8m $9.8m $9.8m 0.00% Added +9.6m +9,613,222
7 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 13,959,10614.0m $9.2m $9.2m 0.00% Added +1.4m +1,410,353
8 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 7,854,9907.9m $5.2m $5.2m 0.02% Added +4.4m +4,431,790
9 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 7,703,6007.7m $5.1m $5.1m 0.01% Added +1.4m +1,430,500
10 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 5,402,9315.4m $3.6m $3.6m 0.00% Added +5.3m +5,264,939
11 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 5,354,1985.4m $3.5m $3.5m 0.00% Added +349.0k +348,991
12 PAULSON & CO. INC. 0.24% of their portfolio JERSEY CITY, NJ 5,340,6635.3m $3.5m $3.5m 0.24% Unchanged
13 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 5,319,7895.3m $3.5m $3.5m 0.00% Added +458.0k +457,979
14 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 4,474,6554.5m $3.0m $3.0m 0.00% Reduced -1.0m -1,028,984
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 3,587,8483.6m $2.4m $2.4m 0.00% Added +1.1m +1,127,911
16 Rafferty Asset Management, LLC 0.01% of their portfolio New York, NY 3,185,4693.2m $2.1m $2.1m 0.01% Added +274.8k +274,817
17 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 2,976,7473.0m $2.0m $2.0m 0.00% Reduced -1.9m -1,937,651
18 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,808,1472.8m $1.9m $1.9m 0.00% Added +1.1m +1,146,924
19 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 2,794,1122.8m $1.8m $1.8m 0.00% Added +1.8m +1,757,450
20 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 2,605,9392.6m $1.7m $1.7m 0.00% Added +749.6k +749,565
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,428,3192.4m $1.6m $1.6m 0.00% Added +2.4m +2,360,528
22 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 2,219,5922.2m $1.5m $1.5m 0.00% Unchanged
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,210,3312.2m $1.5m $1.5m 0.00% Added +2.0m +2,011,915
24 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,827,9001.8m $1.2m $1.2m 0.00% Reduced -145.1k -145,100
25 GROUP ONE TRADING LLC 0.04% of their portfolio CHICAGO, IL 1,815,9111.8m $1.2m $1.2m 0.04% Added +195.1k +195,090
26 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,785,9431.8m $1.2m $1.2m 0.00% Added +333.4k +333,362
27 SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC 0.29% of their portfolio MINNEAPOLIS, MN 1,529,5001.5m $1.0m $1.0m 0.29% Unchanged
28 ALPS ADVISORS INC 0.01% of their portfolio Denver, CO 1,454,3031.5m $961.9k $961.9k 0.01% Added +154.1k +154,106
29 X-Square Capital, LLC 0.39% of their portfolio GUAYNABO, PR 1,423,2221.4m $833.0k $833.0k 0.39% Reduced -199.0k -198,967
30 Swiss National Bank 0.00% of their portfolio ZURICH, V8 1,326,4001.3m $877.3k $877.3k 0.00% Added +160.9k +160,900
31 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 1,321,7181.3m $874.2k $874.2k 0.02% Added +89.3k +89,275
32 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,026,8601.0m $679.2k $679.2k 0.00% Added +521.4k +521,420
33 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 887,209887.2k $586.8k $586.8k 0.00% Added +221.2k +221,236
34 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 865,169865.2k $572.2k $572.2k 0.00% Added +109.5k +109,453
35 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 851,804851.8k $563.0k $563.0k 0.00% Added +34.8k +34,831
36 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 836,290836.3k $553.1k $553.1k 0.00% Reduced -8.9m -8,930,828
37 New Age Alpha Advisors, LLC 0.30% of their portfolio RYE, NY 753,300753.3k $498.2k $498.2k 0.30% Unchanged
38 Legal & General Group Plc 0.00% of their portfolio London, X0 720,252720.3k $476.4k $476.4k 0.00% Added +256.0k +256,043
39 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 662,735662.7k $438.3k $438.3k 0.00% Added +52.3k +52,279
40 HENNESSY ADVISORS INC 0.02% of their portfolio NOVATO, CA 641,190641.2k $424.1k $424.1k 0.02% Added +138.0k +138,000
41 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 636,449636.4k $420.9k $420.9k 0.00% Reduced -150.8k -150,824
42 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 620,851620.9k $410.6k $410.6k 0.00% Unchanged
43 Virtu Financial LLC 0.03% of their portfolio New York, NY 607,453607.5k $402.0k $402.0k 0.03% New
44 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 567,300567.3k $375.2k $375.2k 0.00% Added +243.9k +243,900
45 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 561,204561.2k $371.2k $371.2k 0.00% Reduced -77.0k -76,998
46 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 515,390515.4k $340.9k $340.9k 0.00% Reduced -3.4k -3,360
47 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 508,768508.8k $337.0k $337.0k 0.00% Added +28.6k +28,634
48 Long Focus Capital Management, LLC 0.04% of their portfolio SAN JUAN, PR 500,750500.8k $331.2k $331.2k 0.04% Unchanged
49 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 497,452497.5k $273.3k $273.3k 0.00% Added +339.6k +339,641
50 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 490,741490.7k $324.6k $324.6k 0.00% Added +453.3k +453,349
51 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 488,902488.9k $323.4k $323.4k 0.00% Reduced -249.5k -249,496
52 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 461,398461.4k $305.2k $305.2k 0.00% Reduced -11.7k -11,656
53 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 373,015373.0k $246.7k $246.7k 0.00% Added +12.3k +12,290
54 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 356,114356.1k $235.0k $235.0k 0.00% Added +92.1k +92,083
55 Centiva Capital, LP 0.01% of their portfolio New York, NY 340,767340.8k $224.9k $224.9k 0.01% New
56 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 325,739325.7k $215.0k $215.0k 0.00% Added +48.1k +48,100
57 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 317,275317.3k $209.8k $209.8k 0.00% Added +36.7k +36,744
58 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 288,213288.2k $190.6k $190.6k 0.00% Added +13.3k +13,304
59 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 281,960282.0k $186.5k $186.5k 0.00% Added +69.3k +69,260
60 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 266,726266.7k $176.4k $176.4k 0.00% Reduced -7.7k -7,712
61 Mount Lucas Management LP 0.06% of their portfolio Newtown, PA 250,000250.0k $165.3k $165.3k 0.06% Unchanged
62 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 230,764230.8k $152.6k $152.6k 0.00% Reduced -16.2k -16,206
63 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 212,423212.4k $140.5k $140.5k 0.00% Unchanged
64 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 211,762211.8k $140.0k $140.0k 0.00% Added +158.0k +157,974
65 JANUS HENDERSON GROUP PLC 0.00% of their portfolio LONDON, X0 194,379194.4k $125.6k $125.6k 0.00% Added +360 +360
66 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 191,142191.1k $126.0k $126.0k 0.00% Reduced -115.3k -115,253
67 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 187,510187.5k $124.0k $124.0k 0.00% Reduced -29.8k -29,795
68 ARIZONA STATE RETIREMENT SYSTEM 0.00% of their portfolio PHOENIX, AZ 184,615184.6k $122.1k $122.1k 0.00% Added +21.5k +21,466
69 Cedar Wealth Management, LLC 0.04% of their portfolio LA JOLLA, CA 183,178183.2k $121.2k $121.2k 0.04% New
70 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 177,371177.4k $117.3k $117.3k 0.00% New
71 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 159,300159.3k $105.4k $105.4k 0.00% Added +48.0k +48,000
72 Moloney Securities Asset Management, LLC 0.01% of their portfolio MANCHESTER, MO 150,003150.0k $99.2k $99.2k 0.01% New
73 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 148,287148.3k $98.0k $98.0k 0.00% Reduced -7.5k -7,500
74 GTS SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 128,424128.4k $84.9k $84.9k 0.00% Added +58.3k +58,294
75 Keeler Thomas Management LLC 0.03% of their portfolio Orem, UT 127,349127.3k $84.2k $84.2k 0.03% Added +20.0k +19,990
76 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 125,524125.5k $154.4k $154.4k 0.00% Reduced -26.7k -26,680
77 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 125,361125.4k $82.9k $82.9k 0.01% Added +15.1k +15,143
78 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 114,668114.7k $75.0k $75.0k 0.00% Added +51.8k +51,796
79 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 105,071105.1k $69.5k $69.5k 0.00% Added +13.5k +13,525
80 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 103,327103.3k $68.3k $68.3k 0.00% Reduced -996.6k -996,638
81 Widmann Financial Services, Inc. 0.06% of their portfolio BOWIE, MD 103,000103.0k $68.1k $68.1k 0.06% New
82 B. Riley Wealth Advisors, Inc. 0.00% of their portfolio MEMPHIS, TN 102,275102.3k $118.6k $118.6k 0.00% Added +6.2k +6,250
83 PFG Investments, LLC 0.00% of their portfolio WOODBURY, NY 96,30596.3k $63.7k $63.7k 0.00% Added +21.3k +21,305
84 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 92,89192.9k $61.4k $61.4k 0.00% Added +11.2k +11,196
85 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 89,10589.1k $58.9k $58.9k 0.00% Added +1.1k +1,126
86 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 84,05484.1k $55.6k $55.6k 0.00% Reduced -19.8k -19,765
87 PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO 0.00% of their portfolio DENVER, CO 70,33570.3k $47.0k $47.0k 0.00% Unchanged
88 HARVEY CAPITAL MANAGEMENT INC 0.01% of their portfolio PALM BEACH, FL 70,00070.0k $46.3k $46.3k 0.01% Unchanged
89 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 66,57066.6k $44.0k $44.0k 0.00% Reduced -796 -796
90 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 65,85265.9k $43.6k $43.6k 0.00% Added +5.2k +5,220
91 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 65,39265.4k $42.0k $42.0k 0.00% Unchanged
92 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 64,99765.0k $43.0k $43.0k 0.00% New
93 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 60,20060.2k $39.8k $39.8k 0.00% New
94 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 59,66259.7k $38.3k $38.3k 0.00% Unchanged
95 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 58,86658.9k $38.0k $38.0k 0.00% Reduced -1.3k -1,300
96 TUCKER ASSET MANAGEMENT LLC 0.01% of their portfolio LITTLETON, CO 54,99555.0k $36.4k $36.4k 0.01% Reduced -2.9k -2,936
97 Scientech Research LLC 0.02% of their portfolio JERSEY CITY, NJ 54,64754.6k $36.1k $36.1k 0.02% New
98 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 54,03154.0k $35.7k $35.7k 0.00% Reduced -1.3k -1,317
99 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 52,99053.0k $35.0k $35.0k 0.00% Unchanged
100 Laird Norton Wetherby Trust Company, LLC 0.00% of their portfolio Seattle, WA 50,00050.0k $33.1k $33.1k 0.00% Unchanged