Scorpio Tankers
STNG
231 hedge funds and large institutions have $1.56B invested in Scorpio Tankers in 2023 Q2 according to their latest regulatory filings, with 49 funds opening new positions, 83 increasing their positions, 74 reducing their positions, and 49 closing their positions.
19% more call options, than puts
Call options by funds: $221M | Put options by funds: $185M
12% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 74
0% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 49
0% less funds holding
Funds holding: 232 → 231 (-1)
4.2% less ownership
Funds ownership: 61.66% → 57.45% (-4.2%)
25% less capital invested
Capital invested by funds: $2.08B → $1.56B (-$518M)
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| 1 |
PFCS
Pale Fire Capital SE
Prague,
Czech Republic
|
+$36.4M |
| 2 |
SSA
Schonfeld Strategic Advisors
New York
|
+$17.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$14.5M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$12.6M |
| 5 |
BlackRock
New York
|
+$11.7M |
Top Sellers
STNG Hedge Fund Activity: Q2 2023 in Review
231 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q2 2023, worth a combined $1.56B — down 25% from $2.08B a quarter earlier.
Fund positioning in STNG was balanced in Q2 2023: 49 funds opened new positions, 49 closed out, 83 added to existing stakes and 74 trimmed.
The largest buyer was Pale Fire Capital SE, opening a new position worth an estimated $36.4M. The largest seller was Rubric Capital Management (New York), cutting an estimated $67.8M.
- 231 institutional investors held Scorpio Tankers (STNG) as of Q2 2023, down from 232 in Q1 2023.
- Funds reported $1.56B of Scorpio Tankers stock for Q2 2023, down 25% quarter-over-quarter.
- 49 funds opened new Scorpio Tankers positions in Q2 2023 and 49 closed out, a net change of 0 holders.
- The largest Scorpio Tankers buyer in Q2 2023 was Pale Fire Capital SE, an estimated $36.4M added.
- The largest Scorpio Tankers seller in Q2 2023 was Rubric Capital Management (New York), an estimated $67.8M sold.
Based on aggregated 13F filings for Q2 2023.