Nordic American Tanker
152 hedge funds and large institutions have $171M invested in Nordic American Tanker in 2020 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 40 increasing their positions, 44 reducing their positions, and 50 closing their positions.
5% more call options, than puts
Call options by funds: $17M | Put options by funds: $16.2M
9% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 44
6% less funds holding
Funds holding: 162 → 152 (-10)
6.6% less ownership
Funds ownership: 35.15% → 28.54% (-6.6%)
18% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 50
27% less capital invested
Capital invested by funds: $234M → $171M (-$63.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$5.4M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$4.12M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.94M |
| 4 |
GIM
Greylin Investment Management
Orange,
Virginia
|
+$2.8M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
-$10M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
-$6.49M |
| 3 |
Millennium Management
New York
|
-$5.55M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.03M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.11M |
NAT Hedge Fund Activity: Q2 2020 in Review
152 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q2 2020, worth a combined $171M — down 27% from $234M a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of NAT and 41 opened new positions — a net loss of 9 holders — while 44 trimmed existing stakes and 40 added.
The largest buyer was Schroder Investment Management Group, adding an estimated $5.4M. The largest seller was Prudential Financial, exiting entirely with an estimated $10M sold.
- 152 institutional investors held Nordic American Tanker (NAT) as of Q2 2020, down from 162 in Q1 2020.
- Funds reported $171M of Nordic American Tanker stock for Q2 2020, down 27% quarter-over-quarter.
- 41 funds opened new Nordic American Tanker positions in Q2 2020 and 50 closed out, a net change of -9 holders.
- The largest Nordic American Tanker buyer in Q2 2020 was Schroder Investment Management Group, an estimated $5.4M added.
- The largest Nordic American Tanker seller in Q2 2020 was Prudential Financial, an estimated $10M sold.
Based on aggregated 13F filings for Q2 2020.