Scorpio Tankers
STNG
153 hedge funds and large institutions have $600M invested in Scorpio Tankers in 2016 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 46 increasing their positions, 62 reducing their positions, and 38 closing their positions.
88% more call options, than puts
Call options by funds: $2.17M | Put options by funds: $1.15M
1.89% less ownership
Funds ownership: 84.03% → 82.14% (-1.9%)
6% less funds holding
Funds holding: 162 → 153 (-9)
10% less capital inflows, than outflows
Capital inflows: $143M | Capital outflows: $159M
21% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 38
26% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 62
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.5M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$22.7M |
| 3 |
Millennium Management
New York
|
+$13.6M |
| 4 |
VAM
Visium Asset Management
New York
|
+$9.89M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$8.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Putnam Investments
Boston,
Massachusetts
|
-$37.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$13.7M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$11M |
| 4 |
Renaissance Technologies
New York
|
-$10.3M |
| 5 |
Numeric Investors
Boston,
Massachusetts
|
-$9.86M |
STNG Hedge Fund Activity: Q2 2016 in Review
153 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q2 2016, worth a combined $600M — down 29% from $848M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of STNG and 30 opened new positions — a net loss of 8 holders — while 62 trimmed existing stakes and 46 added.
The largest buyer was Fidelity Investments, adding an estimated $25.5M. The largest seller was Putnam Investments, cutting an estimated $37.4M.
- 153 institutional investors held Scorpio Tankers (STNG) as of Q2 2016, down from 162 in Q1 2016.
- Funds reported $600M of Scorpio Tankers stock for Q2 2016, down 29% quarter-over-quarter.
- 30 funds opened new Scorpio Tankers positions in Q2 2016 and 38 closed out, a net change of -8 holders.
- The largest Scorpio Tankers buyer in Q2 2016 was Fidelity Investments, an estimated $25.5M added.
- The largest Scorpio Tankers seller in Q2 2016 was Putnam Investments, an estimated $37.4M sold.
Based on aggregated 13F filings for Q2 2016.