Scorpio Tankers
STNG
151 hedge funds and large institutions have $629M invested in Scorpio Tankers in 2017 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 61 increasing their positions, 46 reducing their positions, and 22 closing their positions.
197% more call options, than puts
Call options by funds: $3.34M | Put options by funds: $1.13M
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
33% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 46
8% more capital invested
Capital invested by funds: $583M → $629M (+$45.5M)
0.01% more ownership
Funds ownership: 6.55% → 6.56% (+0.01%)
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
1% less funds holding
Funds holding: 152 → 151 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAC
Monarch Alternative Capital
New York
|
+$34.3M |
| 2 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
+$21.1M |
| 3 |
LM
Lasry Marc
|
+$20.3M |
| 4 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
+$17.1M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCP
Tourbillon Capital Partners
New York
|
-$18.3M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$7.98M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$6.18M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.2M |
| 5 |
Goldman Sachs
New York
|
-$3.12M |
STNG Hedge Fund Activity: Q3 2017 in Review
151 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q3 2017, worth a combined $629M — up 7.8% from $583M a quarter earlier.
Fund positioning in STNG was balanced in Q3 2017: 22 funds opened new positions, 22 closed out, 61 added to existing stakes and 46 trimmed.
The largest buyer was Monarch Alternative Capital, opening a new position worth an estimated $34.3M. The largest seller was Tourbillon Capital Partners, exiting entirely with an estimated $18.3M sold.
- 151 institutional investors held Scorpio Tankers (STNG) as of Q3 2017, down from 152 in Q2 2017.
- Funds reported $629M of Scorpio Tankers stock for Q3 2017, up 7.8% quarter-over-quarter.
- 22 funds opened new Scorpio Tankers positions in Q3 2017 and 22 closed out, a net change of 0 holders.
- The largest Scorpio Tankers buyer in Q3 2017 was Monarch Alternative Capital, an estimated $34.3M added.
- The largest Scorpio Tankers seller in Q3 2017 was Tourbillon Capital Partners, an estimated $18.3M sold.
Based on aggregated 13F filings for Q3 2017.