Helix Energy Solutions Group

HLX • NYSE

Helix Energy Solutions Group is a oil & gas equipment & services company in the energy sector on NYSE, led by Owen Kratz, with a market cap of $1.0B. As of Q3 2025, 86% of shares are held by 240 institutional investors, with BlackRock, Inc. as the largest holder at 14.57%.

Chief Executive OfficerOwen Kratz

Market Cap$1.0B

Oil & Gas Equipment & Services

Energy

Employees2.5K

Websitehelixesg.com

Country

United States of America

Overview

Overview of institutional ownership in HLX as of Q3 2025 with a market cap of $964.2M

All Institutions

Institutions: 240
Value Held: $829.6M
Shares Held: 126.4M
Avg Position: $3.5M
Median Position: $260.6K

Hedge Funds

Hedge Funds: 27
Value Held: $89.9M
Shares Held: 13.7M
Avg Position: $3.3M
Median Position: $1.1M

Ownership Breakdown

Institutional (non-HF)

76.71%

$739.6M

Hedge Funds

9.33%

$89.9M

Retail & Other

13.97%

$134.7M

Based on market cap of $964.2M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in HLX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$140.5M 0.00% of portfolio	14.57% 21.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$87.3M 0.00% of portfolio	9.06% 13.3M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$58.1M 0.01% of portfolio	6.03% 8.9M shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$38.6M 0.00% of portfolio	4.01% 5.9M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
A AMERICAN CENTURY COMPANIES INC Institution	-	$35.4M 0.02% of portfolio	3.67% 5.4M shares	Q1 2017 Held for 8y 8m	$195.93B
PRINCIPAL FINANCIAL GROUP INC Institution	Deanna Strable CEO	$31.5M 0.02% of portfolio	3.27% 4.8M shares	≤ Q2 2013 Held for 12y 5m+	$197.71B
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$26.4M 0.02% of portfolio	2.74% 4.0M shares	≤ Q2 2013 Held for 12y 5m+	$121.98B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$21.4M 0.00% of portfolio	2.22% 3.3M shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$21.2M 0.00% of portfolio	2.20% 3.2M shares	Q2 2022 Held for 3y 5m	$571.21B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$20.5M 0.00% of portfolio	2.13% 3.1M shares	≤ Q2 2013 Held for 12y 5m+	$633.08B

Net Capital Flow

Institutional buying and selling activity for HLX in Q3 2025

Traded: −$18.5M
Buyers: 108
Sellers: 132
Total Bought: +$86.1M
Total Sold: −$104.7M
Avg Position: $3.0M

Biggest Buyers

Institution	Net Bought	Current Position
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$23.8M +3.6M shares	$26.4M 4.0M shares
PRINCIPAL FINANCIAL GROUP INC Institution	+$16.5M +2.5M shares	$31.5M 4.8M shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	+$6.9M +1.0M shares	$6.9M 1.0M shares
FIRST MANHATTAN CO Institution	+$3.9M +600.0K shares	$3.9M 600.0K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$3.9M +589.2K shares	$4.8M 738.8K shares
VOLORIDGE INVESTMENT MANAGEMENT, LLC Hedge Fund•Multi-Strategy	+$3.2M +481.7K shares	$3.2M 481.7K shares
R Russell Investments Group, Ltd. RIA/Wealth	+$1.9M +297.1K shares	$2.4M 358.2K shares
A Acuitas Investments, LLC Fund of Funds	+$1.7M +265.6K shares	$4.5M 681.6K shares
D D. E. Shaw & Co., Inc. Institution	+$1.5M +233.4K shares	$4.5M 691.5K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$1.5M +231.0K shares	$1.7M 252.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
Encompass Capital Advisors LLC Hedge Fund•Long/Short	−$23.8M −3.8M shares	Sold Off 0 shares
B BNP Paribas Investment Partners S.A. Institution	−$9.3M −1.5M shares	Sold Off 0 shares
S SIR Capital Management, L.P. Hedge Fund•Long/Short	−$7.6M −1.2M shares	Sold Off 0 shares
G GATE CITY CAPITAL MANAGEMENT, LLC Hedge Fund•Value	−$7.4M −1.1M shares	$16.1M 2.4M shares
B BlackRock, Inc. Institution	−$5.1M −777.0K shares	$140.5M 21.4M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$4.0M −604.8K shares	$58.1M 8.9M shares
A Assenagon Asset Management S.A. Institution	−$3.4M −512.6K shares	$2.7M 404.7K shares
Q Qube Research & Technologies Ltd Institution	−$3.3M −510.1K shares	$8.2M 1.2M shares
OBERWEIS ASSET MANAGEMENT INC/ Long Only Manager	−$3.1M −501.7K shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$3.0M −463.0K shares	$87.3M 13.3M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited HLX in Q3 2025

New Positions: 13
New Value: $1.6M
Exited Positions: 38
Exited Value: $53.4M

New Positions

Institution	Position Value
WEDGE CAPITAL MANAGEMENT L L P/NC Long Only Manager	$1.0M 153.9K shares
Numerai GP LLC Hedge Fund•Quant	$173.8K 26.5K shares
O OMERS ADMINISTRATION Corp Institution	$105.6K 16.1K shares
Worth Asset Management, LLC RIA/Wealth	$93.7K 14.3K shares
A Anson Capital, Inc. Institution	$90.0K 13.7K shares
Ballentine Partners, LLC Family Office	$69.7K 10.6K shares
Drucker Wealth 3.0, LLC RIA/Wealth	$66.2K 10.1K shares
B BRYN MAWR TRUST CO/PA Institution	$8.7K 1.3K shares
S Salomon & Ludwin, LLC Institution	$6.9K 1.0K shares
Transamerica Financial Advisors, Inc. Institution	$420.0 64.0 shares

Exited Positions

Institution	Previous Position
Encompass Capital Advisors LLC Hedge Fund•Long/Short	$23.8M 3.8M shares
B BNP Paribas Investment Partners S.A. Institution	$9.3M 1.5M shares
S SIR Capital Management, L.P. Hedge Fund•Long/Short	$7.6M 1.2M shares
OBERWEIS ASSET MANAGEMENT INC/ Long Only Manager	$3.1M 501.7K shares
Sourcerock Group LLC Hedge Fund•Long/Short	$2.3M 363.3K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$1.1M 168.6K shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed	$999.7K 160.2K shares
H Hartree Partners, LP Institution	$936.0K 150.0K shares
Susquehanna Portfolio Strategies, LLC Private Equity	$755.1K 121.0K shares
IEQ CAPITAL, LLC RIA/Wealth	$560.1K 89.8K shares

Options Activity

Institutions with the largest Call and Put options positions in HLX as of Q3 2025

Call Positions: 5
Call Value: $2.7M
Put Positions: 3
Put Value: $333.2K

Call Positions

Institution	Position Value
BANK OF AMERICA CORP /DE/ Institution	$2.2M 3.4K contracts
J JANE STREET GROUP, LLC Institution	$245.3K 374.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$126.0K 192.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$72.2K 110.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	- - contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$171.2K 261.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$94.5K 144.0 contracts
J JANE STREET GROUP, LLC Institution	$67.6K 103.0 contracts

Most Committed Institutions

Institutions with HLX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
G GATE CITY CAPITAL MANAGEMENT, LLC Hedge Fund•Value	Michael Thomas Melby Managing Partner	8.19% $16.1M	1.66% 2.4M shares	Q4 2024 Held for 11 months	$196.1M
A Acuitas Investments, LLC Fund of Funds	Lisa Marie Thenell COO	2.87% $4.5M	0.46% 681.6K shares	Q2 2022 Held for 3y 5m	$155.8M
Tensile Capital Management LLC Hedge Fund•Value	Arthur Chiakai Young Managing Partner	1.06% $8.5M	0.88% 1.3M shares	Q1 2025 Held for 8 months	$800.4M
Glenorchy Capital Ltd Hedge Fund•Global Macro	Bradley Thomas Mcfadden CIO	0.92% $1.3M	0.13% 193.7K shares	Q4 2023 Held for 1y 11m	$137.8M
SummerHaven Investment Management, LLC Long Only Manager	Kurt Jonathon Nelson CEO	0.49% $833.1K	0.09% 127.0K shares	Q3 2025 Held for 2 months	$170.9M
SYSTEMATIC FINANCIAL MANAGEMENT LP Long Only Manager	Kenneth Burgess CIO	0.48% $19.8M	2.06% 3.0M shares	Q4 2020 Held for 4y 11m	$4.1B
Nierenberg Investment Management Company, Inc. Hedge Fund•Value	Damon Laughlin Benedict President	0.45% $816.4K	0.08% 124.5K shares	Q1 2022 Held for 3y 8m	$180.9M
ZAZOVE ASSOCIATES LLC Hedge Fund•Multi-Strategy	Gene Thomas Pretti CEO	0.40% $199.4K	0.02% 30.4K shares	Q4 2024 Held for 11 months	$49.9M
CenterBook Partners LP Hedge Fund•Market Neutral	David Israel Stemerman CEO	0.37% $7.4M	0.77% 1.1M shares	Q2 2022 Held for 3y 5m	$2.0B
C CoreCommodity Management, LLC Hedge Fund•Global Macro	Bradford L Klein President	0.30% $1.6M	0.17% 248.9K shares	Q2 2024 Held for 1y 5m	$551.0M

Hedge Fund Spotlight

Discover hedge funds investing in HLX

AXQ CAPITAL, LP

Hedge Fund • Market Neutral

Portfolio ManagerTaro Hsu Kuriyama

Portfolio Value: $261.9M
Positions: 552
Last Reported: Q3 2025

Sector Allocation

Position in Helix Energy Solutions Group

Market Value: $76.7K
Shares Held: 11.7K
Portfolio Weight: 0.03%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Dover DOV	Industrial - Machinery Industrials	$2.0M	0.75%
2 Arista Networks ANET	Computer Hardware Technology	$1.9M	0.72%
3 Vistra VST	Independent Power Producers Utilities	$1.9M	0.71%