Nordic American Tanker
NAT
112 hedge funds and large institutions have $160M invested in Nordic American Tanker in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 51 increasing their positions, 23 reducing their positions, and 16 closing their positions.
122% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 23
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
24% more capital invested
Capital invested by funds: $129M → $160M (+$31.3M)
3.74% more ownership
Funds ownership: 26.38% → 30.11% (+3.7%)
4% more funds holding
Funds holding: 108 → 112 (+4)
2% less call options, than puts
Call options by funds: $6.92M | Put options by funds: $7.03M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$4.7M |
| 2 |
DAM
Doheny Asset Management
Los Angeles,
California
|
+$4.53M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.09M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$2.74M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.4M |
| 2 |
Barclays
London,
United Kingdom
|
-$1.09M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$980K |
| 4 |
SCM
Seamans Capital Management
Boston,
Massachusetts
|
-$799K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$682K |
NAT Hedge Fund Activity: Q3 2013 in Review
112 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q3 2013, worth a combined $160M — up 24% from $129M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new NAT positions and 16 closed out — a net gain of 6 holders — while 51 added to existing stakes and 23 trimmed.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $4.7M. The largest seller was Morgan Stanley, cutting an estimated $2.4M.
- 112 institutional investors held Nordic American Tanker (NAT) as of Q3 2013, up from 108 in Q2 2013.
- Funds reported $160M of Nordic American Tanker stock for Q3 2013, up 24% quarter-over-quarter.
- 22 funds opened new Nordic American Tanker positions in Q3 2013 and 16 closed out, a net change of +6 holders.
- The largest Nordic American Tanker buyer in Q3 2013 was Hood River Capital Management, an estimated $4.7M added.
- The largest Nordic American Tanker seller in Q3 2013 was Morgan Stanley, an estimated $2.4M sold.
Based on aggregated 13F filings for Q3 2013.