Nordic American Tanker
NAT
179 hedge funds and large institutions have $330M invested in Nordic American Tanker in 2023 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 58 increasing their positions, 55 reducing their positions, and 24 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 55
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 182 → 179 (-3)
2.12% less ownership
Funds ownership: 45.1% → 42.97% (-2.1%)
11% less capital invested
Capital invested by funds: $372M → $330M (-$42.4M)
13% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 24
15% less call options, than puts
Call options by funds: $8.18M | Put options by funds: $9.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.48M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.04M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$3.44M |
| 5 |
GIM
Greylin Investment Management
Orange,
Virginia
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$24.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.79M |
| 3 |
Morgan Stanley
New York
|
-$3.47M |
| 4 |
WC
Wexford Capital
West Palm Beach,
Florida
|
-$3.28M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
-$2.39M |
NAT Hedge Fund Activity: Q2 2023 in Review
179 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q2 2023, worth a combined $330M — down 11% from $372M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NAT and 21 opened new positions — a net loss of 3 holders — while 55 trimmed existing stakes and 58 added.
The largest buyer was Goldman Sachs, adding an estimated $8M. The largest seller was Millennium Management, cutting an estimated $24.6M.
- 179 institutional investors held Nordic American Tanker (NAT) as of Q2 2023, down from 182 in Q1 2023.
- Funds reported $330M of Nordic American Tanker stock for Q2 2023, down 11% quarter-over-quarter.
- 21 funds opened new Nordic American Tanker positions in Q2 2023 and 24 closed out, a net change of -3 holders.
- The largest Nordic American Tanker buyer in Q2 2023 was Goldman Sachs, an estimated $8M added.
- The largest Nordic American Tanker seller in Q2 2023 was Millennium Management, an estimated $24.6M sold.
Based on aggregated 13F filings for Q2 2023.