Nordic American Tanker
106 hedge funds and large institutions have $227M invested in Nordic American Tanker in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 55 increasing their positions, 22 reducing their positions, and 20 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 22
42% more capital invested
Capital invested by funds: $160M → $227M (+$66.7M)
1.69% more ownership
Funds ownership: 30.11% → 31.81% (+1.7%)
5% less funds holding
Funds holding: 112 → 106 (-6)
16% less call options, than puts
Call options by funds: $8.51M | Put options by funds: $10.1M
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWNA
Marshall Wace North America
New York
|
+$10.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.04M |
| 3 |
Morgan Stanley
New York
|
+$4.74M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$3.1M |
| 5 |
ZAM
Zenit Asset Management
Stockholm,
Sweden
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.2M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$1.67M |
| 3 |
DAM
Doheny Asset Management
Los Angeles,
California
|
-$939K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$653K |
| 5 |
JCM
Jasinkiewicz Capital Management
Summit,
New Jersey
|
-$412K |
NAT Hedge Fund Activity: Q4 2013 in Review
106 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q4 2013, worth a combined $227M — up 42% from $160M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of NAT and 15 opened new positions — a net loss of 5 holders — while 22 trimmed existing stakes and 55 added.
The largest buyer was Marshall Wace North America, opening a new position worth an estimated $10.6M. The largest seller was Ameriprise, cutting an estimated $2.2M.
- 106 institutional investors held Nordic American Tanker (NAT) as of Q4 2013, down from 112 in Q3 2013.
- Funds reported $227M of Nordic American Tanker stock for Q4 2013, up 42% quarter-over-quarter.
- 15 funds opened new Nordic American Tanker positions in Q4 2013 and 20 closed out, a net change of -5 holders.
- The largest Nordic American Tanker buyer in Q4 2013 was Marshall Wace North America, an estimated $10.6M added.
- The largest Nordic American Tanker seller in Q4 2013 was Ameriprise, an estimated $2.2M sold.
Based on aggregated 13F filings for Q4 2013.