Scorpio Tankers
STNG
161 hedge funds and large institutions have $844M invested in Scorpio Tankers in 2016 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 79 increasing their positions, 46 reducing their positions, and 43 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 46
18% more call options, than puts
Call options by funds: $2.17M | Put options by funds: $1.85M
0.26% less ownership
Funds ownership: 8.64% → 8.38% (-0.26%)
13% less funds holding
Funds holding: 186 → 161 (-25)
30% less capital invested
Capital invested by funds: $1.21B → $844M (-$366M)
58% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 43
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$35.1M |
| 2 |
LIM
Lorem Ipsum Management
New York
|
-$24.2M |
| 3 |
BC
BHR Capital
New York
|
-$20M |
| 4 |
Millennium Management
New York
|
-$19.3M |
| 5 |
CCM
Century Capital Management
Boston,
Massachusetts
|
-$18.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QCG
201
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$6K | -77 | Closed |
|
|
AC
202
Alexandria Capital
Arlington,
Virginia
| – | -$3K | -40 | Closed |
|
203
Creative Planning
Overland Park,
Kansas
| – | -$711 | -12 | -80% |
|
|
LTFS
204
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -8 | Closed |
|
STNG Hedge Fund Activity: Q1 2016 in Review
161 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q1 2016, worth a combined $844M — down 30% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of STNG and 18 opened new positions — a net loss of 25 holders — while 46 trimmed existing stakes and 79 added.
The largest buyer was Putnam Investments, adding an estimated $24.8M. The largest seller was Citadel Advisors, cutting an estimated $35.1M.
- 161 institutional investors held Scorpio Tankers (STNG) as of Q1 2016, down from 186 in Q4 2015.
- Funds reported $844M of Scorpio Tankers stock for Q1 2016, down 30% quarter-over-quarter.
- 18 funds opened new Scorpio Tankers positions in Q1 2016 and 43 closed out, a net change of -25 holders.
- The largest Scorpio Tankers buyer in Q1 2016 was Putnam Investments, an estimated $24.8M added.
- The largest Scorpio Tankers seller in Q1 2016 was Citadel Advisors, an estimated $35.1M sold.
Based on aggregated 13F filings for Q1 2016.