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 ($2.6m this quarter). Holder counts are more reliable. Shares outstanding: 52.8m as of 2024-04-30, 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 ≈ $91.98. Options: 13 managers hold calls ($72.8m notional), 20 hold puts ($128.5m).
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 138 |
| Q4 2022 | 190 |
| Q1 2023 | 195 |
| Q2 2023 | 229 |
| Q3 2023 | 266 |
| Q4 2023 | 256 |
| Q1 2024 | 282 |
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 |
| Q3 2023 | 148 | 100 |
| Q4 2023 | 111 | 151 |
| Q1 2024 | 145 | 131 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $108.4m | $23.8m | 0.22 |
| Q3 2023 | $101.5m | $42.2m | 0.42 |
| Q4 2023 | $106.2m | $48.7m | 0.46 |
| Q1 2024 | $72.8m | $128.5m | 1.77 |
Biggest buyers
| VANGUARD GROUP INC | Added | +985.4k |
| FMR LLC | Added | +800.8k |
| MORGAN STANLEY | Added | +542.5k |
| Cerity Partners LLC | Added | +423.1k |
| WELLINGTON MANAGEMENT GROUP LLP | New | +397.3k |
| Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. | New | +379.3k |
| Driehaus Capital Management LLC | Added | +377.3k |
| MARSHALL WACE, LLP | Added | +315.5k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Added | +309.6k |
| SCOPUS ASSET MANAGEMENT, L.P. | New | +280.0k |
Biggest sellers
| Balyasny Asset Management L.P. | Reduced | -793.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -444.2k |
| ROBOTTI ROBERT | Reduced | -424.9k |
| Slate Path Capital LP | Reduced | -324.0k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -313.0k |
| NEUBERGER BERMAN GROUP LLC | Reduced | -293.3k |
| Point72 Asset Management, L.P. | Sold out | -267.7k |
| High Ground Investment Management LLP | Reduced | -231.9k |
| CANNELL CAPITAL LLC | Sold out | -229.3k |
| Weiss Multi-Strategy Advisers LLC | Sold out | -217.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $22.4m243.1k shares |
| CITADEL ADVISORS LLC | Reduced | $16.2m176.6k shares |
| JANE STREET GROUP, LLC | Added | $6.8m73.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $5.1m55.9k shares |
| PEAK6 Investments LLC | Reduced | $4.9m53.6k shares |
| D. E. Shaw & Co., Inc. | Added | $4.5m49.4k shares |
| Cubist Systematic Strategies, LLC | Reduced | $3.5m37.7k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $3.3m35.6k shares |
| GROUP ONE TRADING LLC | Reduced | $2.8m30.6k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.8m20.1k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $38.8m421.2k shares |
| CITADEL ADVISORS LLC | Added | $22.2m240.8k shares |
| Flat Footed LLC | New | $21.9m237.5k shares |
| SIMPLEX TRADING, LLC | Added | $18.7m203.6k shares |
| SCOPUS ASSET MANAGEMENT, L.P. | New | $6.9m75.0k shares |
| WOLVERINE TRADING, LLC | Added | $3.7m40.6k shares |
| JANE STREET GROUP, LLC | Added | $2.8m30.3k shares |
| GROUP ONE TRADING LLC | Added | $2.6m28.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $2.5m27.6k shares |
| WOLVERINE ASSET MANAGEMENT LLC | Added | $2.0m21.5k 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 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 | 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 | — | — |
| Q3 2023 | 1 | $10.5m | 2 | $2.7m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 3 | $3.7m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-05 | Rubio Samuel R EVP, CFO & CAO | Sold | $1.6m19.6k shares |
| 2024-03-05 | Darling David E EVP, COO & CHIEF HR OFFICER | Sold | $1.5m17.8k shares |
| 2024-03-05 | Hudson Daniel A. EVP & GENERAL COUNSEL | Sold | $656.0k8.0k 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 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 4.8m $443.0m | Added +985.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 4.7m $433.9m | Reduced -444.2k |
| ROBOTTI ROBERT 42.79% of their portfolio | 3.4m $315.3m | Reduced -424.9k |
| BlackRock Inc. 0.01% of their portfolio | 3.3m $306.2m | Reduced -99.3k |
| FMR LLC 0.02% of their portfolio | 3.1m $280.7m | Added +800.8k |
| NEUBERGER BERMAN GROUP LLC 0.21% of their portfolio | 2.8m $259.6m | Reduced -293.3k |
| Boston Partners 0.25% of their portfolio | 2.3m $214.1m | Added +243.5k |
| PILGRIM GLOBAL ADVISORS LLC 34.79% of their portfolio | 1.7m $158.1m | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 1.5m $137.6m | Added +542.5k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.5m $137.3m | Reduced -313.0k |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $104.5m | Reduced -57.9k |
| Slate Path Capital LP 1.98% of their portfolio | 1.1m $99.9m | Reduced -324.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.0m $94.5m | Added +6.0k |
| Encompass Capital Advisors LLC 4.93% of their portfolio | 987.8k $90.9m | Reduced -186.9k |
| Cerity Partners LLC 0.19% of their portfolio | 774.2k $71.2m | Added +423.1k |
| MARSHALL WACE, LLP 0.12% of their portfolio | 771.4k $71.0m | Added +315.5k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.65% of their portfolio | 761.0k $70.0m | Added +309.6k |
| Driehaus Capital Management LLC 0.60% of their portfolio | 657.1k $60.5m | Added +377.3k |
| LOOMIS SAYLES & CO L P 0.07% of their portfolio | 542.2k $49.9m | Reduced -58.8k |
| THIRD AVENUE MANAGEMENT LLC 7.52% of their portfolio | 512.2k $47.1m | Reduced -191.4k |
| DEUTSCHE BANK AG\ 0.02% of their portfolio | 467.5k $43.0m | Added +135.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 463.2k $42.6m | Added +101.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 435.5k $40.1m | Reduced -8.4k |
| Praetorian PR LLC 12.64% of their portfolio | 430.0k $39.6m | Added +20.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 397.3k $36.6m | New |
| Moerus Capital Management LLC 11.11% of their portfolio | 385.3k $35.4m | Reduced -142.7k |
| Zurich Insurance Group Ltd/FI 0.32% of their portfolio | 383.4k $35.3m | Reduced -62.1k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 380.8k $35.0m | Added +5.3k |
| Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. 5.38% of their portfolio | 379.3k $34.9m | New |
| Senator Investment Group LP 1.52% of their portfolio | 363.4k $33.4m | Added +115.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 307.4k $28.3m | Added +135.4k |
| Condire Management, LP 3.55% of their portfolio | 285.9k $26.3m | Unchanged |
| Hosking Partners LLP 0.96% of their portfolio | 283.4k $26.1m | Added +1.6k |
| SCOPUS ASSET MANAGEMENT, L.P. 0.84% of their portfolio | 280.0k $25.8m | New |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 275.7k $25.4m | Reduced -66.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 257.9k $23.7m | Added +11.7k |
| Lloyd Harbor Capital Management, LLC 16.59% of their portfolio | 254.4k $23.4m | Reduced -50.0k |
| VALUEWORKS LLC 7.45% of their portfolio | 249.4k $22.9m | Reduced -111.0k |
| Naviter Wealth, LLC 3.75% of their portfolio | 248.8k $22.9m | Reduced -47.0k |
| Progeny 3, Inc. 2.45% of their portfolio | 242.3k $22.3m | Added +3.7k |
| MONTAG A & ASSOCIATES INC 1.07% of their portfolio | 233.2k $21.4m | Reduced -10.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio | 227.2k $20.9m | Reduced -290 |
| Empire Life Investments Inc. 1.19% of their portfolio | 209.9k $19.3m | Added +31.6k |
| Invesco Ltd. 0.00% of their portfolio | 203.8k $18.8m | Added +87.4k |
| Fiera Capital Corp 0.05% of their portfolio | 203.1k $18.7m | Reduced -11.1k |
| EAGLE ASSET MANAGEMENT INC 0.10% of their portfolio | 202.7k $19.0m | New |
| EMERALD ADVISERS, LLC 0.75% of their portfolio | 201.8k $18.6m | Added +19.4k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 197.5k $18.2m | Added +182.4k |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. 1.00% of their portfolio | 190.7k $17.5m | Added +67.6k |
| Apis Capital Advisors, LLC 12.90% of their portfolio | 184.8k $17.0m | Reduced -21.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio | 175.9k $16.2m | Reduced -45.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 175.4k $16.1m | Added +124.5k |
| Orchard Capital Management, LLC 4.54% of their portfolio | 168.4k $15.5m | Added +2.3k |
| EMERALD MUTUAL FUND ADVISERS TRUST 0.78% of their portfolio | 163.6k $15.0m | Reduced -2.7k |
| Assenagon Asset Management S.A. 0.04% of their portfolio | 157.9k $14.5m | Added +92.7k |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC 0.66% of their portfolio | 150.0k $13.8m | New |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 143.8k $13.2m | Added +110.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 131.6k $12.1m | Added +33.8k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 125.1k $11.5m | Reduced -1.4k |
| PHILADELPHIA TRUST CO 0.92% of their portfolio | 124.7k $11.5m | Added +918 |
| LORD, ABBETT & CO. LLC 0.02% of their portfolio | 123.0k $11.3m | New |
| American Family Insurance Mutual Holding Co 0.95% of their portfolio | 119.8k $11.0m | Unchanged |
| First Pacific Advisors, LP 0.15% of their portfolio | 115.9k $10.7m | Reduced -45.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 110.4k $10.2m | Reduced -63.1k |
| ExodusPoint Capital Management, LP 0.12% of their portfolio | 108.4k $10.0m | Reduced -8.8k |
| THOMPSON SIEGEL & WALMSLEY LLC 0.15% of their portfolio | 103.5k $9.5m | Added +3.6k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 102.2k $9.4m | Reduced -12.7k |
| Balyasny Asset Management L.P. 0.02% of their portfolio | 91.2k $8.4m | Reduced -793.3k |
| PINNBROOK CAPITAL MANAGEMENT LP 1.41% of their portfolio | 88.4k $8.1m | New |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 86.8k $8.0m | Added +12.8k |
| Premier Fund Managers Ltd 0.32% of their portfolio | 86.3k $8.0m | Added +3.5k |
| GeoSphere Capital Management, LLC 6.45% of their portfolio | 84.0k $7.7m | Reduced -52.1k |
| AGF MANAGEMENT LTD 0.04% of their portfolio | 82.0k $7.5m | New |
| Glenorchy Capital Ltd 6.16% of their portfolio | 81.2k $7.5m | Reduced -3.7k |
| River Road Asset Management, LLC 0.09% of their portfolio | 76.2k $7.0m | Reduced -789 |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 73.5k $6.8m | Added +34.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 71.8k $6.6m | Added +14.8k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 71.6k $6.6m | Reduced -30.1k |
| PINNACLE ASSOCIATES LTD 0.10% of their portfolio | 71.3k $6.6m | Added +38.2k |
| De Lisle Partners LLP 1.45% of their portfolio | 68.4k $6.3m | First filing |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 68.0k $6.3m | Reduced -580 |
| Allianz Asset Management GmbH 0.01% of their portfolio | 66.1k $6.1m | Added +2.3k |
| HIGHLAND PEAK CAPITAL, LLC 3.68% of their portfolio | 65.9k $6.1m | Reduced -78.4k |
| UBS Group AG 0.00% of their portfolio | 63.2k $5.8m | Reduced -216.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 55.3k $5.1m | Added +2.4k |
| CenterBook Partners LP 0.35% of their portfolio | 54.9k $5.1m | Added +44.9k |
| Global IMC LLC 1.16% of their portfolio | 54.6k $5.0m | New |
| LifePro Asset Management 3.23% of their portfolio | 53.2k $4.9m | Reduced -19.3k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 52.3k $4.8m | Reduced -5.1k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 50.9k $4.7m | Reduced -10.8k |
| CROWN ADVISORS MANAGEMENT, INC. 2.79% of their portfolio | 50.0k $4.6m | Unchanged |
| Informed Momentum Co LLC 0.71% of their portfolio | 49.7k $4.6m | New |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 45.2k $4.2m | Added +6.0k |
| Anthracite Investment Company, Inc. 2.09% of their portfolio | 45.0k $4.1m | Added +2.0k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 44.5k $4.1m | Reduced -9.3k |
| BARCLAYS PLC 0.00% of their portfolio | 42.9k $4.0m | Reduced -23.8k |
| PEAK6 Investments LLC 0.18% of their portfolio | 40.1k $3.7m | Reduced -74.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 38.6k $3.6m | Added +7.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 38.4k $3.5m | Added +27.3k |
| Mraz, Amerine & Associates, Inc. 0.66% of their portfolio | 38.2k $3.5m | Reduced -800 |