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Nordic American Tanker

182 hedge funds and large institutions have $372M invested in Nordic American Tanker in 2023 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 68 increasing their positions, 56 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $11.2M | Put options by funds: $6.02M

21% more repeat investments, than reductions

Existing positions increased: 68 | Existing positions reduced: 56

3.65% more ownership

Funds ownership: 41.45%45.1% (+3.6%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less funds holding

Funds holding: 186182 (-4)

11% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 28

64% less capital invested

Capital invested by funds: $1.03B → $372M (-$661M)

Holders
182
Holders Change
-4
Holders Change %
-2.15%
% of All Funds
2.9%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
25
Increased
68
Reduced
56
Closed
28
Calls
$11.2M
Puts
$6.02M
Net Calls
+$5.2M
Net Calls Change
+$2.66M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$48M -$139K -38,688 -0.3%
Morgan Stanley
2
Morgan Stanley
New York
$28.2M +$1.15M +319,692 +5%
Millennium Management
3
Millennium Management
New York
$27.8M -$1.61M -448,666 -6%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$25.1M +$9.89M +2,756,627 +77%
Goldman Sachs
5
Goldman Sachs
New York
$21M +$12M +3,335,453 +169%
Marshall Wace
6
Marshall Wace
United Kingdom
$17.5M +$15.8M +4,410,866 New
Allspring Global Investments
7
Allspring Global Investments
North Carolina
$15.6M -$1.18M -329,712 -8%
Two Sigma Advisers
8
Two Sigma Advisers
New York
$15.1M +$5.56M +1,550,900 +69%
Two Sigma Investments
9
Two Sigma Investments
New York
$15M +$3.33M +927,505 +32%
State Street
10
State Street
Massachusetts
$13.7M +$386K +107,690 +3%
N
11
Nuveen
North Carolina
$12.8M -$1.74M -485,407 -13%
LP
12
LMR Partners
United Kingdom
$9.75M +$719K +200,562 +9%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$7.71M +$337K +93,938 +5%
JP Morgan Chase
14
JP Morgan Chase
New York
$7.69M -$4M -1,114,295 -36%
N
15
Numerai
California
$7.15M +$717K +199,976 +12%
Citadel Advisors
16
Citadel Advisors
Florida
$6.44M -$351K -97,987 -6%
D.E. Shaw & Co
17
D.E. Shaw & Co
New York
$5.67M -$574K -160,151 -10%
Northern Trust
18
Northern Trust
Illinois
$5.36M -$199K -55,571 -4%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$5.09M +$2.82M +786,200 +158%
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
$5.03M -$371K -103,495 -8%
Vanguard Group
21
Vanguard Group
Pennsylvania
$3.81M +$61K +17,013 +2%
WC
22
Wexford Capital
Florida
$3.28M +$2.97M +827,074 New
Connor, Clark & Lunn Investment Management (CC&L)
23
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$3.25M -$49K -13,653 -2%
Bank of America
24
Bank of America
North Carolina
$3.17M +$544K +151,601 +23%
Fuller & Thaler Asset Management
25
Fuller & Thaler Asset Management
California
$2.97M -$2.33K -650 -0.1%

NAT Hedge Fund Activity: Q1 2023 in Review

182 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Nordic American Tanker (NAT) for Q1 2023, worth a combined $372M — down 64% from $1.03B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of NAT and 25 opened new positions — a net loss of 3 holders — while 56 trimmed existing stakes and 68 added.

The largest buyer was Marshall Wace, opening a new position worth an estimated $15.8M. The largest seller was Arete Wealth Advisors, exiting entirely with an estimated $780M sold.

  • 182 institutional investors held Nordic American Tanker (NAT) as of Q1 2023, down from 186 in Q4 2022.
  • Funds reported $372M of Nordic American Tanker stock for Q1 2023, down 64% quarter-over-quarter.
  • 25 funds opened new Nordic American Tanker positions in Q1 2023 and 28 closed out, a net change of -3 holders.
  • The largest Nordic American Tanker buyer in Q1 2023 was Marshall Wace, an estimated $15.8M added.
  • The largest Nordic American Tanker seller in Q1 2023 was Arete Wealth Advisors, an estimated $780M sold.

Based on aggregated 13F filings for Q1 2023.