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Nordic American Tanker

106 hedge funds and large institutions have $226M invested in Nordic American Tanker in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 54 increasing their positions, 22 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 22

42% more capital invested

Capital invested by funds: $159M → $226M (+$67M)

1.64% more ownership

Funds ownership: 30.17%31.81% (+1.6%)

5% less funds holding

Funds holding: 112106 (-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: 10 (-1)

Holders
106
Holders Change
-6
Holders Change %
-5.36%
% of All Funds
3.08%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
54
Reduced
22
Closed
20
Calls
$8.51M
Puts
$10.1M
Net Calls
-$1.6M
Net Calls Change
-$1.49M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$23.6M +$4.74M +572,500 +30%
BFA
2
BlackRock Fund Advisors
California
$18.3M +$1.4M +168,886 +10%
VOYA Investment Management
3
VOYA Investment Management
Georgia
$14.2M +$500K +60,406 +4%
DSC
4
Donald Smith & Co
New York
$12.4M +$2.35K +284 +0%
MWNA
5
Marshall Wace North America
New York
$12.2M +$10.6M +1,281,198 New
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$10.7M +$5.04M +609,651 +117%
State Street
7
State Street
Massachusetts
$10.7M +$512K +61,846 +6%
PI
8
Putnam Investments
Massachusetts
$10.5M -$19.5K -2,351 -0.2%
BIT
9
BlackRock Institutional Trust
California
$9.17M +$1.1M +132,814 +16%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$9.03M -$32.4K -3,913 -0.4%
HRCM
11
Hood River Capital Management
Florida
$8.9M +$3.1M +374,952 +67%
Northern Trust
12
Northern Trust
Illinois
$8.63M +$915K +110,547 +14%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$7.03M
Norges Bank
14
Norges Bank
Norway
$5.88M
DAM
15
Doheny Asset Management
California
$4.08M -$939K -113,455 -21%
GC
16
Guggenheim Capital
Illinois
$3.1M +$1.26M +152,649 +88%
WA
17
WealthTrust Axiom
Pennsylvania
$3.1M -$51.6K -6,241 -2%
TCIM
18
TIAA CREF Investment Management
New York
$3.1M +$81.5K +9,845 +3%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$2.88M +$952K +115,082 +61%
SIC
20
SFE Investment Counsel
California
$2.7M -$332K -40,159 -12%
Bank of New York Mellon
21
Bank of New York Mellon
New York
$2.58M +$284K +34,365 +14%
ZAM
22
Zenit Asset Management
Sweden
$2.44M +$2.11M +255,528 New
BIM
23
BlackRock Investment Management
Delaware
$2.4M +$136K +16,432 +7%
Vanguard Group
24
Vanguard Group
Pennsylvania
$2.18M +$294K +35,505 +18%
Charles Schwab
25
Charles Schwab
California
$1.74M +$291K +35,129 +24%

NAT Hedge Fund Activity: Q4 2013 in Review

106 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q4 2013, worth a combined $226M — up 42% from $159M 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 54 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 $226M 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.