Nordic American Tanker
133 hedge funds and large institutions have $203M invested in Nordic American Tanker in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 42 reducing their positions, and 25 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 42
0.94% less ownership
Funds ownership: 25.5% → 24.55% (-0.94%)
6% less capital invested
Capital invested by funds: $217M → $203M (-$13.6M)
9% less funds holding
Funds holding: 146 → 133 (-13)
20% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 25
55% less call options, than puts
Call options by funds: $11.3M | Put options by funds: $25.2M
Top Buyers
| 1 |
BlackRock
New York
|
+$35.7M |
| 2 |
VDBMI
Van Den Berg Management I
Austin,
Texas
|
+$9.26M |
| 3 |
GXMC
Global X Management Company
New York
|
+$4.37M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.59M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.47M |
Top Sellers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$11.6M |
| 2 |
CC
Cipher Capital
New York
|
-$3.2M |
| 3 |
Bank of New York Mellon
New York
|
-$2.94M |
| 4 |
QF
QVT Financial
New York
|
-$2.37M |
| 5 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$1.96M |
NAT Hedge Fund Activity: Q1 2017 in Review
133 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q1 2017, worth a combined $203M — down 6.3% from $217M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of NAT and 20 opened new positions — a net loss of 5 holders — while 42 trimmed existing stakes and 44 added.
The largest buyer was BlackRock, adding an estimated $35.7M. The largest seller was Vanguard Group, cutting an estimated $11.6M.
- 133 institutional investors held Nordic American Tanker (NAT) as of Q1 2017, down from 146 in Q4 2016.
- Funds reported $203M of Nordic American Tanker stock for Q1 2017, down 6.3% quarter-over-quarter.
- 20 funds opened new Nordic American Tanker positions in Q1 2017 and 25 closed out, a net change of -5 holders.
- The largest Nordic American Tanker buyer in Q1 2017 was BlackRock, an estimated $35.7M added.
- The largest Nordic American Tanker seller in Q1 2017 was Vanguard Group, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2017.