Nordic American Tanker
148 hedge funds and large institutions have $323M invested in Nordic American Tanker in 2016 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 53 increasing their positions, 53 reducing their positions, and 31 closing their positions.
2.63% more ownership
Funds ownership: 33.73% → 36.36% (+2.6%)
0% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 53
6% less funds holding
Funds holding: 158 → 148 (-10)
22% less capital invested
Capital invested by funds: $414M → $323M (-$91.8M)
29% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 31
31% less call options, than puts
Call options by funds: $32M | Put options by funds: $46.6M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$35.1M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$15.3M |
| 3 |
Millennium Management
New York
|
+$15.1M |
| 4 |
CC
Cipher Capital
New York
|
+$2.89M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$12.8M |
| 2 |
QF
QVT Financial
New York
|
-$7.61M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$6.26M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$4.01M |
| 5 |
DAM
Doheny Asset Management
Los Angeles,
California
|
-$2.4M |
NAT Hedge Fund Activity: Q3 2016 in Review
148 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q3 2016, worth a combined $323M — down 22% from $414M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of NAT and 22 opened new positions — a net loss of 9 holders — while 53 trimmed existing stakes and 53 added.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $35.1M. The largest seller was Arrowstreet Capital, cutting an estimated $12.8M.
- 148 institutional investors held Nordic American Tanker (NAT) as of Q3 2016, down from 158 in Q2 2016.
- Funds reported $323M of Nordic American Tanker stock for Q3 2016, down 22% quarter-over-quarter.
- 22 funds opened new Nordic American Tanker positions in Q3 2016 and 31 closed out, a net change of -9 holders.
- The largest Nordic American Tanker buyer in Q3 2016 was Laurion Capital Management, an estimated $35.1M added.
- The largest Nordic American Tanker seller in Q3 2016 was Arrowstreet Capital, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2016.