Scorpio Tankers
STNG
148 hedge funds and large institutions have $257M invested in Scorpio Tankers in 2020 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 48 increasing their positions, 45 reducing their positions, and 49 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 45
8.05% less ownership
Funds ownership: 47.83% → 39.78% (-8%)
12% less funds holding
Funds holding: 169 → 148 (-21)
24% less capital invested
Capital invested by funds: $339M → $257M (-$82.3M)
26% less call options, than puts
Call options by funds: $42.8M | Put options by funds: $58.2M
41% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 49
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$6.4M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
+$4.98M |
| 3 |
Group One Trading
Chicago,
Illinois
|
+$3.91M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$2.78M |
| 5 |
Millennium Management
New York
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.2M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
-$16.9M |
| 3 |
JG
Jefferies Group
New York
|
-$16.4M |
| 4 |
BCP
Bayberry Capital Partners
New York
|
-$7.43M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.19M |
STNG Hedge Fund Activity: Q3 2020 in Review
148 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q3 2020, worth a combined $257M — down 24% from $339M a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of STNG and 29 opened new positions — a net loss of 20 holders — while 45 trimmed existing stakes and 48 added.
The largest buyer was Goldman Sachs, adding an estimated $6.4M. The largest seller was Fidelity Investments, cutting an estimated $17.2M.
- 148 institutional investors held Scorpio Tankers (STNG) as of Q3 2020, down from 169 in Q2 2020.
- Funds reported $257M of Scorpio Tankers stock for Q3 2020, down 24% quarter-over-quarter.
- 29 funds opened new Scorpio Tankers positions in Q3 2020 and 49 closed out, a net change of -20 holders.
- The largest Scorpio Tankers buyer in Q3 2020 was Goldman Sachs, an estimated $6.4M added.
- The largest Scorpio Tankers seller in Q3 2020 was Fidelity Investments, an estimated $17.2M sold.
Based on aggregated 13F filings for Q3 2020.