Nordic American Tanker
158 hedge funds and large institutions have $414M invested in Nordic American Tanker in 2016 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 48 increasing their positions, 61 reducing their positions, and 22 closing their positions.
14% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 22
1% more funds holding
Funds holding: 156 → 158 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.17% less ownership
Funds ownership: 33.9% → 33.73% (-0.17%)
2% less capital invested
Capital invested by funds: $421M → $414M (-$6.79M)
21% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 61
29% less call options, than puts
Call options by funds: $34.5M | Put options by funds: $48.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$9.39M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$8.85M |
| 3 |
Bank of New York Mellon
New York
|
+$8.09M |
| 4 |
GAM
Gotham Asset Management
New York
|
+$4.24M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QS Investors
New York
|
-$12.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.89M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$8.35M |
| 4 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$5.1M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Simplex Trading
Chicago,
Illinois
| – | -$13K | -891 | Closed |
|
177
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$4K | -257 | Closed |
|
|
TCA
178
Tortoise Capital Advisors
Overland Park,
Kansas
| – | -$1K | -103 | Closed |
|
|
AP
179
Advisors Preferred
Rockville,
Maryland
| – | -$1K | -101 | Closed |
|
|
S
180
SignatureFD
Atlanta,
Georgia
| – | +$29 | +2 | New |
|
NAT Hedge Fund Activity: Q2 2016 in Review
158 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q2 2016, worth a combined $414M — down 1.6% from $421M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new NAT positions and 22 closed out — a net gain of 3 holders — while 48 added to existing stakes and 61 trimmed.
The largest buyer was Panagora Asset Management, opening a new position worth an estimated $9.39M. The largest seller was QS Investors, cutting an estimated $12.3M.
- 158 institutional investors held Nordic American Tanker (NAT) as of Q2 2016, up from 156 in Q1 2016.
- Funds reported $414M of Nordic American Tanker stock for Q2 2016, down 1.6% quarter-over-quarter.
- 25 funds opened new Nordic American Tanker positions in Q2 2016 and 22 closed out, a net change of +3 holders.
- The largest Nordic American Tanker buyer in Q2 2016 was Panagora Asset Management, an estimated $9.39M added.
- The largest Nordic American Tanker seller in Q2 2016 was QS Investors, an estimated $12.3M sold.
Based on aggregated 13F filings for Q2 2016.