Scorpio Tankers
STNG
132 hedge funds and large institutions have $378M invested in Scorpio Tankers in 2018 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 58 increasing their positions, 37 reducing their positions, and 31 closing their positions.
85% more call options, than puts
Call options by funds: $1.76M | Put options by funds: $951K
57% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 37
1% less ownership
Funds ownership: 6.8% → 5.8% (-1%)
9% less funds holding
Funds holding: 145 → 132 (-13)
41% less capital invested
Capital invested by funds: $645M → $378M (-$268M)
42% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 31
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Carlson Capital
Dallas,
Texas
|
+$16.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.96M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$5.38M |
| 4 |
Bank of New York Mellon
New York
|
+$4.21M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.8M |
| 2 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
-$25.7M |
| 3 |
WAM
Warlander Asset Management
New York
|
-$11.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$9.23M |
| 5 |
N
Natixis
Paris,
France
|
-$6.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Walleye Trading
New York
| – | -$13.1K | -516 | Closed |
|
|
MA
152
MUFG Americas
New York
| – | -$12K | -396 | Closed |
|
|
LTFS
153
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$5.08K | -200 | -95% |
|
|
DOA
154
D'Orazio & Associates
Falls Church,
Virginia
| – | -$2K | -50 | Closed |
|
|
FGC
155
Financial Gravity Companies
Lakeway,
Texas
| – | -$1K | -41 | Closed |
|
|
CG
156
Cutler Group
San Francisco,
California
| – | -$1K | -37 | Closed |
|
157
Norges Bank
Oslo,
Norway
| – | +$76 | +3 | New |
|
|
HI
158
Hudock Inc
Williamsport,
Pennsylvania
| – | +$1.27K | +50 | New |
|
STNG Hedge Fund Activity: Q1 2018 in Review
132 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q1 2018, worth a combined $378M — down 41% from $645M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of STNG and 18 opened new positions — a net loss of 13 holders — while 37 trimmed existing stakes and 58 added.
The largest buyer was Carlson Capital, adding an estimated $16.2M. The largest seller was Fidelity Investments, cutting an estimated $27.8M.
- 132 institutional investors held Scorpio Tankers (STNG) as of Q1 2018, down from 145 in Q4 2017.
- Funds reported $378M of Scorpio Tankers stock for Q1 2018, down 41% quarter-over-quarter.
- 18 funds opened new Scorpio Tankers positions in Q1 2018 and 31 closed out, a net change of -13 holders.
- The largest Scorpio Tankers buyer in Q1 2018 was Carlson Capital, an estimated $16.2M added.
- The largest Scorpio Tankers seller in Q1 2018 was Fidelity Investments, an estimated $27.8M sold.
Based on aggregated 13F filings for Q1 2018.