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First of all, sorry for my english 'cause it's not perfect. I'm from Spain and i hope learn warhammer 40k and english. (please, correct me if I make any mistake)
Here a space wolf list for the next tournament I want to play

Principal Detachment: Space Wolves

HQ

Rune Priest. 185p (terminator armour, master of the runes, melta bomb, chooser of the slain)

Rune Priest 180p (terminator armour, master of the runes, chooser of the slain)

Troops

Grey Hunters pack 220p (10 grey hunters, wolf standard, mark of the wulfen, 2 plasma gun, drop pod)

Grey Hunters Pack 215p (10 grey hunters, wolf standard, mark of the wulfen, 2 melta gun, drop pod)

Grey Hunters Pack 205p (10 grey hunters, wolf standard, 2 plasma gun, drop pod)

Heavy Support

Long Fangs Pack 170p (1 Squad leader, 3 long fangs with missile launcher, 2 long fangs with laser canon) x3

ALLIED DETACHMENT: Ultramarines

HQ

Tigurius 165p

Troops

Scout squad 77p (5 scouts, 4 sniper rifles, 1 heavy bolter, camo cloacks)

FORTIFICATION

Aegis defense line 100p (quad gun)

Hell drakes from chaos marines in a tourney will probably ruin this list. but no worries they ruin everyones day. 1 anti air gun may not be enough. maybe find points for a stalker or hunter in you ultramarines.

Ehhh...
Are you taking Ultramarines *Just* to get Tigurius? I mean, don't get me wrong, he's a great guy, but you're allying in Marines and not bothering to use their AA while you're at it?

A general rule for Space Wolves: Boys before toys. Instead of buying Master of Runes for two Rune Priests, you could buy a THIRD RUNE PRIEST.
Why do both Rune Priests have a CotS? Do they both intend on firing the Quad-gun?
(Also: The meltabombs are unnescessary unless you want them both to have bolt pistols, and the same type of force weapon. Giving on a Force Sword and the other an Axe clears up your 'Different gear' problem.)

For your Grey Hunters: Lascannons are expensive and ineffective. Take two squads of pure Missile Launcher, and one squad of pure Plasma Cannon. (Lascannons cost 5 points more, meanwhile Plasma Cannons are more versatile, give better target saturation, and you only lose a little range.)

Also, MotW and Wolf Standards are both handy-dandy, but you could have another 60 points to spend elsewhere if you dropped them.

By my math, in other words, you've got 210 points or so that could easily be shaved from this list without losing any rral potency. 110 from dropping two 'Master of Runes' and one Chooser of the Slain, 60 from dropping the Wulfen and Standards, 40 if you swap out the Lascannons for Plasma Cannons. With that, you could buy another Grey Hunters squad, 2 more Rune Priests, a Storm Raven, three well equipped Lone Wolves... I could go on.