Scorpio Tankers
STNG
107 hedge funds and large institutions have $569M invested in Scorpio Tankers in 2019 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 42 increasing their positions, 25 reducing their positions, and 38 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 25
50.61% more ownership
Funds ownership: 5.26% → 55.87% (+51%)
18% more capital invested
Capital invested by funds: $482M → $569M (+$87.4M)
14% more call options, than puts
Call options by funds: $39.9M | Put options by funds: $35.1M
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
4% less funds holding
Funds holding: 112 → 107 (-5)
11% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$9.51M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$9.48M |
| 3 |
BSP
Benefit Street Partners
New York
|
+$8.66M |
| 4 |
Ninety One (UK)
London,
United Kingdom
|
+$8.52M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$31.9M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
-$8.82M |
| 3 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$8.8M |
| 4 |
Bank of New York Mellon
New York
|
-$7.73M |
| 5 |
Comerica Bank
Dallas,
Texas
|
-$5.2M |
STNG Hedge Fund Activity: Q1 2019 in Review
107 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q1 2019, worth a combined $569M — up 18% from $482M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of STNG and 34 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 42 added.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $9.51M. The largest seller was Wellington Management Group, cutting an estimated $31.9M.
- 107 institutional investors held Scorpio Tankers (STNG) as of Q1 2019, down from 112 in Q4 2018.
- Funds reported $569M of Scorpio Tankers stock for Q1 2019, up 18% quarter-over-quarter.
- 34 funds opened new Scorpio Tankers positions in Q1 2019 and 38 closed out, a net change of -4 holders.
- The largest Scorpio Tankers buyer in Q1 2019 was Point72 Asset Management, an estimated $9.51M added.
- The largest Scorpio Tankers seller in Q1 2019 was Wellington Management Group, an estimated $31.9M sold.
Based on aggregated 13F filings for Q1 2019.