Scorpio Tankers
STNG
309 hedge funds and large institutions have $2.91B invested in Scorpio Tankers in 2024 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 115 increasing their positions, 117 reducing their positions, and 31 closing their positions.
110% more call options, than puts
Call options by funds: $497M | Put options by funds: $237M
55% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 31
16% more capital invested
Capital invested by funds: $2.52B → $2.91B (+$393M)
11% more funds holding in top 10
Funds holding in top 10: 9 → 10 (+1)
5% more funds holding
Funds holding: 294 → 309 (+15)
1.61% more ownership
Funds ownership: 64.04% → 65.64% (+1.6%)
2% less repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 117
Top Buyers
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$45M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$43.2M |
| 3 |
Two Sigma Advisers
New York
|
+$42.6M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$32.1M |
| 5 |
Two Sigma Investments
New York
|
+$31.4M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$32.1M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
-$30.4M |
| 3 |
TC
Tejara Capital
London,
United Kingdom
|
-$23.2M |
| 4 |
BlackRock
New York
|
-$22M |
| 5 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
-$18.8M |
STNG Hedge Fund Activity: Q2 2024 in Review
309 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q2 2024, worth a combined $2.91B — up 16% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new STNG positions and 31 closed out — a net gain of 17 holders — while 115 added to existing stakes and 117 trimmed.
The largest buyer was Macquarie Group, opening a new position worth an estimated $45M. The largest seller was Millennium Management, cutting an estimated $32.1M.
- 309 institutional investors held Scorpio Tankers (STNG) as of Q2 2024, up from 294 in Q1 2024.
- Funds reported $2.91B of Scorpio Tankers stock for Q2 2024, up 16% quarter-over-quarter.
- 48 funds opened new Scorpio Tankers positions in Q2 2024 and 31 closed out, a net change of +17 holders.
- The largest Scorpio Tankers buyer in Q2 2024 was Macquarie Group, an estimated $45M added.
- The largest Scorpio Tankers seller in Q2 2024 was Millennium Management, an estimated $32.1M sold.
Based on aggregated 13F filings for Q2 2024.