Scorpio Tankers
STNG
141 hedge funds and large institutions have $1.65B invested in Scorpio Tankers in 2014 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 50 increasing their positions, 49 reducing their positions, and 31 closing their positions.
737% more call options, than puts
Call options by funds: $2.28M | Put options by funds: $272K
2% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 49
0.16% less ownership
Funds ownership: 8.72% → 8.57% (-0.16%)
4% less capital invested
Capital invested by funds: $1.73B → $1.65B (-$76.4M)
10% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 31
2% less funds holding
Funds holding: 144 → 141 (-3)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$25.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.2M |
| 3 |
CCI
Columbus Circle Investors
|
+$16.4M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$9.94M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$6.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kensico Capital Management
Greenwich,
Connecticut
|
-$87.6M |
| 2 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
-$28.7M |
| 3 |
SAM
Steinberg Asset Management
New York
|
-$12.7M |
| 4 |
CRAM
Claren Road Asset Management
New York
|
-$11.9M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$9.39M |
STNG Hedge Fund Activity: Q2 2014 in Review
141 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q2 2014, worth a combined $1.65B — down 4.4% from $1.73B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of STNG and 28 opened new positions — a net loss of 3 holders — while 49 trimmed existing stakes and 50 added.
The largest buyer was Norges Bank, opening a new position worth an estimated $25.9M. The largest seller was Kensico Capital Management, cutting an estimated $87.6M.
- 141 institutional investors held Scorpio Tankers (STNG) as of Q2 2014, down from 144 in Q1 2014.
- Funds reported $1.65B of Scorpio Tankers stock for Q2 2014, down 4.4% quarter-over-quarter.
- 28 funds opened new Scorpio Tankers positions in Q2 2014 and 31 closed out, a net change of -3 holders.
- The largest Scorpio Tankers buyer in Q2 2014 was Norges Bank, an estimated $25.9M added.
- The largest Scorpio Tankers seller in Q2 2014 was Kensico Capital Management, an estimated $87.6M sold.
Based on aggregated 13F filings for Q2 2014.