TIDEWATER INC NEW TDW
COM · Common Stock · CUSIP 88642R109 · ISIN US88642R1095
American corporation providing marine services to the offshore petroleum industry
* 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 ($345.1k this quarter). Holder counts are more reliable. Shares outstanding: 50.9m as of 2023-04-30, 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 ≈ $44.08. Options: 17 managers hold calls ($64.8m notional), 15 hold puts ($22.6m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 138 |
| Q4 2022 | 190 |
| Q1 2023 | 195 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 114 | 50 |
| Q1 2023 | 106 | 109 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $955.0k | $2.7m | 2.88 |
| Q4 2022 | $5.3m | $5.6m | 1.05 |
| Q1 2023 | $64.8m | $22.6m | 0.35 |
Biggest buyers
| NEUBERGER BERMAN GROUP LLC | New | +3.1m |
| Slate Path Capital LP | New | +928.0k |
| GOLDMAN SACHS GROUP INC | Added | +656.5k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +401.2k |
| LOOMIS SAYLES & CO L P | New | +396.6k |
| Cerity Partners LLC | New | +385.1k |
| DIMENSIONAL FUND ADVISORS LP | Added | +263.2k |
| JPMORGAN CHASE & CO | Added | +226.6k |
| Assenagon Asset Management S.A. | Added | +216.1k |
| Skandinaviska Enskilda Banken AB (publ) | New | +200.0k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.2m |
| Herr Investment Group LLC | Reduced | -542.9k |
| THIRD AVENUE MANAGEMENT LLC | Reduced | -416.9k |
| Kerrisdale Advisers, LLC | Reduced | -364.0k |
| Moerus Capital Management LLC | Reduced | -358.8k |
| Condire Management, LP | Sold out | -354.1k |
| MARSHALL WACE, LLP | Reduced | -320.2k |
| Praetorian Capital Management LLC | Sold out | -320.0k |
| MORGAN STANLEY | Reduced | -316.3k |
| Invesco Ltd. | Reduced | -300.9k |
Biggest calls
| WHITEBOX ADVISORS LLC | New | $13.2m300.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $12.8m289.4k shares |
| CITADEL ADVISORS LLC | Added | $11.8m267.8k shares |
| BARCLAYS PLC | Added | $6.9m155.8k shares |
| D. E. Shaw & Co., Inc. | New | $4.9m110.9k shares |
| PEAK6 Investments LLC | Added | $3.6m82.7k shares |
| Cubist Systematic Strategies, LLC | New | $3.6m81.1k shares |
| JANE STREET GROUP, LLC | Added | $1.9m43.9k shares |
| SIMPLEX TRADING, LLC | Added | $1.7m37.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $1.2m28.0k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $6.7m151.9k shares |
| CITADEL ADVISORS LLC | Added | $5.1m115.9k shares |
| Walleye Trading LLC | New | $2.1m48.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.0m46.5k shares |
| Cubist Systematic Strategies, LLC | New | $1.3m28.4k shares |
| Walleye Capital LLC | New | $1.1m25.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $1.1m250 shares |
| D. E. Shaw & Co., Inc. | New | $881.6k20.0k shares |
| WOLVERINE ASSET MANAGEMENT LLC | New | $881.6k20.0k shares |
| WOLVERINE TRADING, LLC | New | $772.0k17.3k 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.
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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 13.6% |
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution -2.4 pts · filed 2026-05-15 | 6.5% |
| Neuberger Berman Group LLC 13G · institution new · filed 2025-02-04 | 5.8% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.4% |
ROBOTTI ROBERT
13D · may seek influence
new · filed 2024-12-20
Stated purposeMr. Robotti serves on the Board of Directors of the Issuer and on the Compensation and Human Capital Committee and the Nominating and Governance of the Board of Directors. The Reporting Persons are long-term, buy-and-hold investors. Depending on various factors including, without limitation, the Issuer's financial position and investment strategy, business and market conditions, the Reporting Persons' continuing evaluation of the business and prospects of the Issuer, the price levels of the securities of the Issuer, conditions in the securities markets and general economic and industry conditions, the Reporting Persons may in the future purchase additional securities of the Issuer or sell some or all of their securities of the Issuer. Presently the Reporting Persons have no plans or … Full filing |
5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q1 2023
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 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 2 | $1.1m | 0 | — | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 1 | $3.2m | 1 | $646.8k | — |
| Q3 2022 | 1 | $10.0m | 0 | — | — |
| Q4 2022 | 1 | $11.1m | 1 | $4.3k | — |
| Q1 2023 | 1 | $1.1m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-03-17 | ROBOTTI ROBERT Director · See Footnote | Bought | $1.1m27.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 6.9m $304.4m | Reduced -1.2m |
| ROBOTTI ROBERT 28.94% of their portfolio | 3.7m $164.3m | Added +27.2k |
| BlackRock Inc. 0.00% of their portfolio | 3.3m $144.0m | Reduced -114.2k |
| NEUBERGER BERMAN GROUP LLC 0.13% of their portfolio | 3.1m $135.1m | New |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.7m $117.3m | Added +14.0k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.8m $80.4m | Added +263.2k |
| Encompass Capital Advisors LLC 3.85% of their portfolio | 1.4m $63.4m | Reduced -289.7k |
| STATE STREET CORP 0.00% of their portfolio | 1.4m $61.5m | Added +160.0k |
| THIRD AVENUE MANAGEMENT LLC 10.50% of their portfolio | 1.4m $61.4m | Reduced -416.9k |
| Moerus Capital Management LLC 14.94% of their portfolio | 1.1m $49.4m | Reduced -358.8k |
| Slate Path Capital LP 1.92% of their portfolio | 928.0k $40.9m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 926.2k $40.8m | Added +35.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 804.1k $35.4m | Added +656.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 758.3k $33.4m | Added +401.2k |
| MARSHALL WACE, LLP 0.08% of their portfolio | 721.1k $31.8m | Reduced -320.2k |
| MORGAN STANLEY 0.00% of their portfolio | 696.5k $30.7m | Reduced -316.3k |
| ExodusPoint Capital Management, LP 0.30% of their portfolio | 600.3k $26.5m | Added +137.5k |
| CANNELL CAPITAL LLC 4.60% of their portfolio | 540.2k $23.8m | Reduced -48.8k |
| Herr Investment Group LLC 5.87% of their portfolio | 536.5k $23.6m | Reduced -542.9k |
| Assenagon Asset Management S.A. 0.09% of their portfolio | 536.2k $23.6m | Added +216.1k |
| VALUEWORKS LLC 7.51% of their portfolio | 447.8k $19.7m | Reduced -2.2k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 427.9k $18.9m | Reduced -3.6k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 396.6k $17.5m | New |
| Cerity Partners LLC 0.04% of their portfolio | 385.1k $17.0m | New |
| First Pacific Advisors, LP 0.25% of their portfolio | 365.0k $16.1m | Reduced -209.6k |
| Praetorian PR LLC 10.73% of their portfolio | 325.0k $14.3m | First filing |
| Lloyd Harbor Capital Management, LLC 9.19% of their portfolio | 295.1k $13.0m | First filing |
| LMR Partners LLP 0.23% of their portfolio | 280.8k $12.4m | Reduced -288.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 276.4k $12.2m | Added +226.6k |
| Contrarius Investment Management Ltd 0.59% of their portfolio | 254.3k $11.2m | Reduced -115 |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 246.2k $10.9m | Reduced -20.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 238.4k $10.5m | Added +51.3k |
| Monaco Asset Management SAM 4.05% of their portfolio | 205.0k $9.0m | Reduced -178.3k |
| Skandinaviska Enskilda Banken AB (publ) 0.06% of their portfolio | 200.0k $8.8m | New |
| Apis Capital Advisors, LLC 9.33% of their portfolio | 198.7k $8.8m | New |
| GeoSphere Capital Management, LLC 10.73% of their portfolio | 192.5k $8.5m | Added +146.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 190.2k $8.4m | Reduced -38.7k |
| TWO SIGMA ADVISERS, LP 0.02% of their portfolio | 188.6k $8.3m | Added +5.0k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 186.3k $8.2m | Added +62.6k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 185.6k $8.2m | Reduced -49.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 179.9k $7.9m | Reduced -10.3k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 177.1k $7.8m | Added +165.2k |
| Amitell Capital Pte Ltd 7.93% of their portfolio | 173.9k $7.7m | Reduced -94.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 160.6k $7.1m | Added +129.3k |
| Tejara Capital Ltd 3.56% of their portfolio | 157.8k $7.0m | Reduced -95.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 153.8k $6.8m | Reduced -121.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 142.9k $6.3m | Added +64.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 141.8k $6.3m | Added +80.9k |
| Naviter Wealth, LLC 2.13% of their portfolio | 138.0k $6.1m | Reduced -5.0k |
| Hillsdale Investment Management Inc. 0.52% of their portfolio | 137.2k $6.0m | Added +16.4k |
| Squarepoint Ops LLC 0.04% of their portfolio | 137.0k $6.0m | New |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 135.2k $6.0m | Added +11.6k |
| AEGIS FINANCIAL CORP 4.45% of their portfolio | 130.2k $5.7m | Added +1.6k |
| Ergoteles LLC 0.22% of their portfolio | 130.1k $5.7m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 127.4k $5.6m | Added +1.3k |
| American Family Insurance Mutual Holding Co 0.38% of their portfolio | 119.8k $5.3m | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 117.2k $5.2m | Reduced -300.9k |
| FMR LLC 0.00% of their portfolio | 116.8k $5.1m | Added +58.5k |
| Hosking Partners LLP 0.22% of their portfolio | 109.1k $4.8m | New |
| Ghisallo Capital Management LLC 1.06% of their portfolio | 100.0k $4.4m | Reduced -100.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 99.8k $4.4m | Added +93.7k |
| PHILADELPHIA TRUST CO 0.40% of their portfolio | 88.5k $3.9m | New |
| Kerrisdale Advisers, LLC 1.11% of their portfolio | 84.8k $3.7m | Reduced -364.0k |
| CenterBook Partners LP 0.49% of their portfolio | 77.9k $3.4m | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 75.0k $3.3m | Added +52.5k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.06% of their portfolio | 74.5k $3.3m | Reduced -40.2k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 72.3k $3.2m | Added +2.9k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 71.3k $3.1m | Added +36.8k |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 66.5k $2.9m | Reduced -54.6k |
| INVESTMENT MANAGEMENT OF VIRGINIA LLC 0.50% of their portfolio | 59.7k $2.6m | Reduced -16.3k |
| SIR Capital Management, L.P. 0.27% of their portfolio | 58.2k $2.6m | New |
| Empowered Funds, LLC 0.15% of their portfolio | 55.9k $2.5m | New |
| WOLVERINE TRADING, LLC 0.07% of their portfolio | 53.6k $2.4m | New |
| Mount Capital Ltd 0.91% of their portfolio | 52.0k $2.3m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 49.0k $2.2m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 48.9k $2.2m | Added +6.6k |
| Informed Momentum Co LLC 0.39% of their portfolio | 45.5k $2.0m | Reduced -43.5k |
| Harvest Investment Services, LLC 1.52% of their portfolio | 44.7k $2.0m | Added +31.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 44.3k $2.0m | Added +14.1k |
| BARCLAYS PLC 0.00% of their portfolio | 40.5k $1.8m | Added +20.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 40.0k $1.8m | Added +30.0k |
| Mraz, Amerine & Associates, Inc. 0.43% of their portfolio | 39.4k $1.7m | Reduced -949 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 35.6k $1.6m | Reduced -20.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 35.2k $1.6m | Added +1.1k |
| West Tower Group, LLC 1.52% of their portfolio | 35.0k $1.5m | New |
| Calamos Advisors LLC 0.01% of their portfolio | 32.7k $1.4m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 31.8k $1.4m | Added +1.3k |
| WITTENBERG INVESTMENT MANAGEMENT, INC. 0.51% of their portfolio | 31.0k $1.4m | Reduced -12.5k |
| CoreCommodity Management, LLC 0.39% of their portfolio | 30.9k $1.4m | Reduced -9.3k |
| MONTAG A & ASSOCIATES INC 0.09% of their portfolio | 30.1k $1.3m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 30.0k $1.3m | Added +2.1k |
| COOKSON PEIRCE & CO INC 0.08% of their portfolio | 29.7k $1.3m | Added +4.0k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 28.7k $1.3m | Added +8.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 28.3k $1.2m | Reduced -146.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 28.0k $1.2m | Reduced -265 |
| Swiss National Bank 0.00% of their portfolio | 26.2k $1.2m | Reduced -600 |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 26.0k $1.1m | Added +6.8k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 25.6k $1.1m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 25.1k $1.1m | Reduced -1.3k |
| JB CAPITAL PARTNERS LP 0.26% of their portfolio | 25.0k $1.1m | Unchanged |