Nordic American Tanker
119 hedge funds and large institutions have $67.1M invested in Nordic American Tanker in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 36 reducing their positions, and 24 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 36
2.97% less ownership
Funds ownership: 26.31% → 23.34% (-3%)
10% less funds holding
Funds holding: 132 → 119 (-13)
10% less capital invested
Capital invested by funds: $74.7M → $67.1M (-$7.57M)
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
59% less call options, than puts
Call options by funds: $883K | Put options by funds: $2.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.95M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.31M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.24M |
| 4 |
TA
Teachers Advisors
New York
|
+$1.13M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$616K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$3.57M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$2.35M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$2.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.27M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$767K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -1,096 | Closed |
|
|
IA
127
IFP Advisors
Tampa,
Florida
| – | -$1K | -744 | Closed |
|
128
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -375 | Closed |
|
|
WEC
129
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$2K | -300 | Closed |
|
|
VRM
130
Vectors Research Management
New York
| – | +$2 | +1 | New |
|
|
SIS
131
Sound Income Strategies
Ft Lauderdale,
Florida
| – | +$21 | +10 | +6% |
|
|
NFH
132
NEXT Financial Holdings
Houston,
Texas
| – | +$105 | +50 | New |
|
133
Fidelity Investments
Boston,
Massachusetts
| – | +$169 | +80 | +4,000% |
|
NAT Hedge Fund Activity: Q1 2019 in Review
119 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q1 2019, worth a combined $67.1M — down 10% from $74.7M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of NAT and 13 opened new positions — a net loss of 11 holders — while 36 trimmed existing stakes and 40 added.
The largest buyer was Millennium Management, adding an estimated $1.95M. The largest seller was Charles Schwab, cutting an estimated $3.57M.
- 119 institutional investors held Nordic American Tanker (NAT) as of Q1 2019, down from 132 in Q4 2018.
- Funds reported $67.1M of Nordic American Tanker stock for Q1 2019, down 10% quarter-over-quarter.
- 13 funds opened new Nordic American Tanker positions in Q1 2019 and 24 closed out, a net change of -11 holders.
- The largest Nordic American Tanker buyer in Q1 2019 was Millennium Management, an estimated $1.95M added.
- The largest Nordic American Tanker seller in Q1 2019 was Charles Schwab, an estimated $3.57M sold.
Based on aggregated 13F filings for Q1 2019.