Scorpio Tankers
STNG
183 hedge funds and large institutions have $1.27B invested in Scorpio Tankers in 2019 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 61 increasing their positions, 41 reducing their positions, and 31 closing their positions.
132% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 31
101% more call options, than puts
Call options by funds: $152M | Put options by funds: $75.5M
49% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 41
46% more capital invested
Capital invested by funds: $868M → $1.27B (+$399M)
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
25% more funds holding
Funds holding: 146 → 183 (+37)
0.81% less ownership
Funds ownership: 56.24% → 55.43% (-0.81%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.1M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$22.7M |
| 3 |
BCM
Brightline Capital Management
Miami,
Florida
|
+$12.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$12.2M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BSP
Benefit Street Partners
New York
|
-$26.6M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$16.1M |
| 3 |
Renaissance Technologies
New York
|
-$12.9M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$11.8M |
| 5 |
CCPM
Cooper Creek Partners Management
New York
|
-$11.5M |
STNG Hedge Fund Activity: Q4 2019 in Review
183 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q4 2019, worth a combined $1.27B — up 46% from $868M a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new STNG positions and 31 closed out — a net gain of 41 holders — while 61 added to existing stakes and 41 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $40.1M. The largest seller was Benefit Street Partners, cutting an estimated $26.6M.
- 183 institutional investors held Scorpio Tankers (STNG) as of Q4 2019, up from 146 in Q3 2019.
- Funds reported $1.27B of Scorpio Tankers stock for Q4 2019, up 46% quarter-over-quarter.
- 72 funds opened new Scorpio Tankers positions in Q4 2019 and 31 closed out, a net change of +41 holders.
- The largest Scorpio Tankers buyer in Q4 2019 was Fidelity Investments, an estimated $40.1M added.
- The largest Scorpio Tankers seller in Q4 2019 was Benefit Street Partners, an estimated $26.6M sold.
Based on aggregated 13F filings for Q4 2019.