Nordic American Tanker
126 hedge funds and large institutions have $154M invested in Nordic American Tanker in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 23 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 35
0.61% less ownership
Funds ownership: 24.55% → 23.95% (-0.61%)
5% less funds holding
Funds holding: 133 → 126 (-7)
24% less capital invested
Capital invested by funds: $203M → $154M (-$49.6M)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
61% less call options, than puts
Call options by funds: $10.4M | Put options by funds: $26.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$4.67M |
| 2 |
QF
QVT Financial
New York
|
+$1.56M |
| 3 |
GIM
Greylin Investment Management
Orange,
Virginia
|
+$1.44M |
| 4 |
Goldman Sachs
New York
|
+$1.4M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$981K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$3.11M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.67M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.3M |
| 4 |
Capital Fund Management (CFM)
Paris,
France
|
-$1.63M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$1.46M |
NAT Hedge Fund Activity: Q2 2017 in Review
126 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q2 2017, worth a combined $154M — down 24% from $203M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of NAT and 17 opened new positions — a net loss of 6 holders — while 35 trimmed existing stakes and 48 added.
The largest buyer was Northern Trust, adding an estimated $4.67M. The largest seller was Allianz Asset Management, cutting an estimated $3.11M.
- 126 institutional investors held Nordic American Tanker (NAT) as of Q2 2017, down from 133 in Q1 2017.
- Funds reported $154M of Nordic American Tanker stock for Q2 2017, down 24% quarter-over-quarter.
- 17 funds opened new Nordic American Tanker positions in Q2 2017 and 23 closed out, a net change of -6 holders.
- The largest Nordic American Tanker buyer in Q2 2017 was Northern Trust, an estimated $4.67M added.
- The largest Nordic American Tanker seller in Q2 2017 was Allianz Asset Management, an estimated $3.11M sold.
Based on aggregated 13F filings for Q2 2017.