Nordic American Tanker
NAT
156 hedge funds and large institutions have $421M invested in Nordic American Tanker in 2016 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 58 increasing their positions, 61 reducing their positions, and 41 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 61
4.83% less ownership
Funds ownership: 38.74% → 33.9% (-4.8%)
11% less funds holding
Funds holding: 176 → 156 (-20)
26% less call options, than puts
Call options by funds: $38M | Put options by funds: $51.7M
44% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 41
57% less capital invested
Capital invested by funds: $991M → $421M (-$569M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.1M |
| 2 |
QF
QVT Financial
New York
|
+$15.2M |
| 3 |
GXMC
Global X Management Company
New York
|
+$6.77M |
| 4 |
Bank of New York Mellon
New York
|
+$5.5M |
| 5 |
Canada Life
Winnipeg,
Manitoba, Canada
|
+$4.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$27.8M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$23.6M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$12.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.42M |
| 5 |
QI
QS Investors
New York
|
-$4.91M |
NAT Hedge Fund Activity: Q1 2016 in Review
156 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q1 2016, worth a combined $421M — down 57% from $991M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of NAT and 23 opened new positions — a net loss of 18 holders — while 61 trimmed existing stakes and 58 added.
The largest buyer was Vanguard Group, adding an estimated $18.1M. The largest seller was Huber Capital Management, exiting entirely with an estimated $27.8M sold.
- 156 institutional investors held Nordic American Tanker (NAT) as of Q1 2016, down from 176 in Q4 2015.
- Funds reported $421M of Nordic American Tanker stock for Q1 2016, down 57% quarter-over-quarter.
- 23 funds opened new Nordic American Tanker positions in Q1 2016 and 41 closed out, a net change of -18 holders.
- The largest Nordic American Tanker buyer in Q1 2016 was Vanguard Group, an estimated $18.1M added.
- The largest Nordic American Tanker seller in Q1 2016 was Huber Capital Management, an estimated $27.8M sold.
Based on aggregated 13F filings for Q1 2016.