Scorpio Tankers
STNG
146 hedge funds and large institutions have $868M invested in Scorpio Tankers in 2019 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 48 increasing their positions, 45 reducing their positions, and 18 closing their positions.
114% more call options, than puts
Call options by funds: $55.6M | Put options by funds: $26M
78% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 18
9% more funds holding
Funds holding: 134 → 146 (+12)
7% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 45
1% less capital invested
Capital invested by funds: $879M → $868M (-$11M)
1.7% less ownership
Funds ownership: 57.94% → 56.24% (-1.7%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$8.26M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$7.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$7.67M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
+$7.63M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$7.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6CM
683 Capital Management
New York
|
-$24.7M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$13.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.4M |
| 4 |
Bank of New York Mellon
New York
|
-$10.2M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$6.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
151
SIR Capital Management
New York
| – | -$375K | -12,701 | Closed |
|
|
LCS
152
Levin Capital Strategies
New York
| – | -$266K | -9,000 | Closed |
|
|
QC
153
Quadrature Capital
London,
United Kingdom
| – | -$206K | -6,981 | Closed |
|
|
TI
154
Trexquant Investment
Stamford,
Connecticut
| – | -$201K | -6,825 | Closed |
|
|
AG
155
Aperio Group
Sausalito,
California
| – | -$103K | -3,484 | Closed |
|
156
Schroder Investment Management Group
London,
United Kingdom
| – | -$54K | -1,820 | Closed |
|
157
US Bancorp
Minneapolis,
Minnesota
| – | -$46K | -1,565 | Closed |
|
|
AS
158
Altshuler Shaham
Tel Aviv,
Israel
| – | -$126K | -1,200 | Closed |
|
|
NIT
159
NumerixS Investment Technologies
Vancouver,
British Columbia, Canada
| – | -$3K | -100 | Closed |
|
|
PCP
160
Proficio Capital Partners
Newton,
Massachusetts
| – | -$2K | -62 | Closed |
|
STNG Hedge Fund Activity: Q3 2019 in Review
146 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q3 2019, worth a combined $868M — down 1.3% from $879M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new STNG positions and 18 closed out — a net gain of 14 holders — while 48 added to existing stakes and 45 trimmed.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $8.26M. The largest seller was 683 Capital Management, cutting an estimated $24.7M.
- 146 institutional investors held Scorpio Tankers (STNG) as of Q3 2019, up from 134 in Q2 2019.
- Funds reported $868M of Scorpio Tankers stock for Q3 2019, down 1.3% quarter-over-quarter.
- 32 funds opened new Scorpio Tankers positions in Q3 2019 and 18 closed out, a net change of +14 holders.
- The largest Scorpio Tankers buyer in Q3 2019 was Bridgeway Capital Management, an estimated $8.26M added.
- The largest Scorpio Tankers seller in Q3 2019 was 683 Capital Management, an estimated $24.7M sold.
Based on aggregated 13F filings for Q3 2019.