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 ($812.0k this quarter). Holder counts are more reliable. Shares outstanding: 52.7m as of 2023-07-31, 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 ≈ $55.25. Options: 18 managers hold calls ($108.4m notional), 13 hold puts ($23.8m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 138 |
| Q4 2022 | 190 |
| Q1 2023 | 195 |
| Q2 2023 | 229 |
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 |
| Q2 2023 | 134 | 88 |
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 |
| Q2 2023 | $108.4m | $23.8m | 0.22 |
Biggest buyers
| Balyasny Asset Management L.P. | Added | +869.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +297.5k |
| LOOMIS SAYLES & CO L P | Added | +223.1k |
| High Ground Investment Management LLP | New | +211.7k |
| DEUTSCHE BANK AG\ | Added | +199.4k |
| Fiera Capital Corp | New | +168.8k |
| Encompass Capital Advisors LLC | Added | +168.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +159.5k |
| BANK OF MONTREAL /CAN/ | Added | +157.7k |
| Spartan Fund Management Inc. | Added | +138.3k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -503.3k |
| Assenagon Asset Management S.A. | Reduced | -497.5k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -402.7k |
| Moerus Capital Management LLC | Reduced | -324.2k |
| THIRD AVENUE MANAGEMENT LLC | Reduced | -295.4k |
| LMR Partners LLP | Sold out | -280.8k |
| STATE STREET CORP | Reduced | -215.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -215.3k |
| Monaco Asset Management SAM | Sold out | -205.0k |
| MORGAN STANLEY | Reduced | -199.9k |
Biggest calls
| WHITEBOX ADVISORS LLC | Added | $27.7m500.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $24.1m434.2k shares |
| PEAK6 Investments LLC | Added | $11.9m214.9k shares |
| CITADEL ADVISORS LLC | Reduced | $11.5m206.8k shares |
| UBS Group AG | New | $7.5m135.0k shares |
| D. E. Shaw & Co., Inc. | Reduced | $5.9m105.7k shares |
| Cubist Systematic Strategies, LLC | Added | $5.6m101.8k shares |
| JANE STREET GROUP, LLC | Added | $3.1m56.0k shares |
| GROUP ONE TRADING LLC | Added | $2.5m44.6k shares |
| WOLVERINE TRADING, LLC | Added | $2.5m49.1k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $9.6m172.3k shares |
| CITADEL ADVISORS LLC | Reduced | $3.9m70.0k shares |
| Cubist Systematic Strategies, LLC | Added | $2.9m52.4k shares |
| Walleye Trading LLC | Reduced | $2.3m41.9k shares |
| Walleye Capital LLC | Added | $1.6m29.3k shares |
| D. E. Shaw & Co., Inc. | Added | $1.2m20.8k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Unchanged | $1.1m20.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $487.0k8.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $377.0k6.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $226.5k4.5k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 6.4m $355.0m | Reduced -503.3k |
| ROBOTTI ROBERT 33.39% of their portfolio | 3.7m $206.8m | Added +2.7k |
| BlackRock Inc. 0.00% of their portfolio | 3.2m $175.2m | Reduced -107.9k |
| NEUBERGER BERMAN GROUP LLC 0.15% of their portfolio | 3.0m $167.9m | Reduced -35.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.7m $152.2m | Added +84.3k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.9m $103.9m | Added +50.7k |
| Encompass Capital Advisors LLC 5.30% of their portfolio | 1.6m $89.1m | Added +168.3k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $65.4m | Reduced -215.5k |
| THIRD AVENUE MANAGEMENT LLC 10.05% of their portfolio | 1.1m $60.9m | Reduced -295.4k |
| Balyasny Asset Management L.P. 0.16% of their portfolio | 1.0m $58.0m | Added +869.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 949.9k $52.7m | Added +23.8k |
| Slate Path Capital LP 1.72% of their portfolio | 850.0k $47.1m | Reduced -78.0k |
| Moerus Capital Management LLC 12.92% of their portfolio | 796.1k $44.1m | Reduced -324.2k |
| LOOMIS SAYLES & CO L P 0.06% of their portfolio | 619.7k $34.4m | Added +223.1k |
| ExodusPoint Capital Management, LP 0.40% of their portfolio | 616.3k $34.2m | Added +15.9k |
| MARSHALL WACE, LLP 0.07% of their portfolio | 598.2k $33.2m | Reduced -122.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 588.8k $32.6m | Reduced -215.3k |
| CANNELL CAPITAL LLC 5.52% of their portfolio | 498.6k $27.6m | Reduced -41.7k |
| MORGAN STANLEY 0.00% of their portfolio | 496.6k $27.5m | Reduced -199.9k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 458.8k $25.4m | Added +30.9k |
| VALUEWORKS LLC 8.55% of their portfolio | 426.3k $23.6m | Reduced -21.4k |
| Lloyd Harbor Capital Management, LLC 13.23% of their portfolio | 425.0k $23.6m | Added +129.9k |
| Cerity Partners LLC 0.08% of their portfolio | 382.8k $21.2m | Reduced -2.2k |
| Herr Investment Group LLC 6.23% of their portfolio | 373.8k $20.7m | Reduced -162.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 355.6k $19.7m | Reduced -402.7k |
| Praetorian PR LLC 11.73% of their portfolio | 350.0k $19.4m | Added +25.0k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 307.8k $17.1m | Added +297.5k |
| TWO SIGMA INVESTMENTS, LP 0.04% of their portfolio | 301.8k $16.7m | Added +55.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio | 301.3k $16.7m | Added +159.5k |
| Contrarius Investment Management Ltd 0.74% of their portfolio | 249.0k $13.8m | Reduced -5.3k |
| First Pacific Advisors, LP 0.19% of their portfolio | 233.3k $12.9m | Reduced -131.7k |
| Hosking Partners LLP 0.54% of their portfolio | 232.3k $12.9m | Added +123.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 229.7k $12.7m | Reduced -46.7k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 228.1k $12.6m | Added +199.4k |
| Apis Capital Advisors, LLC 12.10% of their portfolio | 216.2k $12.0m | Added +17.5k |
| High Ground Investment Management LLP 9.25% of their portfolio | 211.7k $11.7m | New |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 202.3k $11.2m | Added +13.7k |
| Invesco Ltd. 0.00% of their portfolio | 191.3k $10.6m | Added +74.1k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 185.5k $10.3m | Added +31.7k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 180.9k $10.0m | Reduced -9.3k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 179.1k $10.0m | Added +157.7k |
| Amitell Capital Pte Ltd 7.72% of their portfolio | 173.9k $9.6m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 173.1k $9.6m | Reduced -6.8k |
| Fiera Capital Corp 0.03% of their portfolio | 168.8k $9.4m | New |
| GeoSphere Capital Management, LLC 10.32% of their portfolio | 168.4k $9.3m | Reduced -24.1k |
| Naviter Wealth, LLC 2.35% of their portfolio | 166.6k $9.2m | Added +28.6k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 161.9k $9.0m | Added +133.6k |
| Skandinaviska Enskilda Banken AB (publ) 0.05% of their portfolio | 150.0k $8.3m | Reduced -50.0k |
| Spartan Fund Management Inc. 0.01% of their portfolio | 138.5k $22.2k | Added +138.3k |
| PHILADELPHIA TRUST CO 0.72% of their portfolio | 137.8k $7.6m | Added +49.2k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 137.1k $7.6m | Added +1.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 135.7k $7.5m | Reduced -7.1k |
| Orchard Capital Management, LLC 2.52% of their portfolio | 135.0k $7.5m | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 131.4k $7.3m | Added +4.0k |
| AEGIS FINANCIAL CORP 5.02% of their portfolio | 130.2k $7.2m | Unchanged |
| American Family Insurance Mutual Holding Co 0.50% of their portfolio | 119.8k $6.6m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 117.8k $6.5m | Reduced -120.5k |
| Tejara Capital Ltd 3.06% of their portfolio | 112.2k $6.2m | Reduced -45.6k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 109.0k $6.0m | Reduced -76.6k |
| UBS Group AG 0.00% of their portfolio | 102.5k $5.7m | Added +53.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 93.0k $5.2m | Added +53.0k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 90.4k $5.0m | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.41% of their portfolio | 88.9k $4.9m | Added +22.4k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 81.7k $4.5m | Added +6.7k |
| LifePro Asset Management 3.42% of their portfolio | 79.9k $4.4m | New |
| FMR LLC 0.00% of their portfolio | 76.4k $4.2m | Reduced -40.4k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 75.3k $4.2m | Added +4.0k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.07% of their portfolio | 74.5k $4.1m | Unchanged |
| CenterBook Partners LP 0.51% of their portfolio | 73.1k $4.1m | Reduced -4.8k |
| Global IMC LLC 1.10% of their portfolio | 67.6k $3.7m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 66.8k $3.7m | Reduced -5.5k |
| MONTAG A & ASSOCIATES INC 0.23% of their portfolio | 66.6k $3.7m | Added +36.4k |
| Allianz Asset Management GmbH 0.01% of their portfolio | 62.8k $3.5m | Reduced -123.5k |
| Empowered Funds, LLC 0.12% of their portfolio | 61.9k $3.4m | Added +6.0k |
| EA Series Trust 0.12% of their portfolio | 61.9k $3.4m | First filing |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 56.9k $3.2m | Added +7.9k |
| Ghisallo Capital Management LLC 0.33% of their portfolio | 50.0k $2.8m | Reduced -50.0k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 47.9k $2.7m | Added +22.8k |
| PINNACLE ASSOCIATES LTD 0.04% of their portfolio | 44.5k $2.5m | New |
| Point72 Asset Management, L.P. 0.01% of their portfolio | 41.7k $2.3m | New |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 40.2k $2.2m | Added +10.1k |
| CROWN ADVISORS MANAGEMENT, INC. 1.44% of their portfolio | 40.0k $2.2m | Not comparable |
| Mraz, Amerine & Associates, Inc. 0.51% of their portfolio | 39.4k $2.2m | Reduced -65 |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 38.6k $2.1m | Reduced -497.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 35.2k $1.6m | Unchanged |
| CREDIT SUISSE AG/ 0.00% of their portfolio | 33.1k $1.8m | Added +11.1k |
| Informed Momentum Co LLC 0.33% of their portfolio | 32.0k $1.8m | Reduced -13.5k |
| SIR Capital Management, L.P. 0.19% of their portfolio | 31.1k $1.7m | Reduced -27.1k |
| CoreCommodity Management, LLC 0.50% of their portfolio | 30.9k $1.7m | Unchanged |
| Harvest Investment Services, LLC 0.96% of their portfolio | 30.4k $1.7m | Reduced -14.3k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 30.2k $1.7m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 30.0k $1.7m | Reduced -69.8k |
| WITTENBERG INVESTMENT MANAGEMENT, INC. 0.59% of their portfolio | 29.5k $1.6m | Reduced -1.5k |
| NATIXIS ADVISORS, LLC 0.00% of their portfolio | 28.1k $1.6m | Added +12.2k |
| Graham Capital Management, L.P. 0.05% of their portfolio | 27.4k $1.5m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 26.5k $1.5m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 26.5k $1.5m | Reduced -1.5k |
| Swiss National Bank 0.00% of their portfolio | 26.2k $1.5m | Unchanged |
| Gotham Asset Management, LLC 0.03% of their portfolio | 25.6k $1.4m | New |
| JB CAPITAL PARTNERS LP 0.30% of their portfolio | 25.0k $1.4m | Unchanged |