Scorpio Tankers
STNG
124 hedge funds and large institutions have $401M invested in Scorpio Tankers in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 37 increasing their positions, 39 reducing their positions, and 28 closing their positions.
901% more call options, than puts
Call options by funds: $7.79M | Put options by funds: $778K
0.11% less ownership
Funds ownership: 6.13% → 6.02% (-0.11%)
5% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 39
5% less funds holding
Funds holding: 130 → 124 (-6)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
30% less capital invested
Capital invested by funds: $570M → $401M (-$170M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$6.31M |
| 2 |
6CM
683 Capital Management
New York
|
+$6.01M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$5.17M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.82M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.8M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.92M |
| 3 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
-$3.83M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$3.67M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$3M |
STNG Hedge Fund Activity: Q3 2018 in Review
124 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q3 2018, worth a combined $401M — down 30% from $570M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of STNG and 23 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 37 added.
The largest buyer was Evermore Global Advisors, adding an estimated $6.31M. The largest seller was Fidelity Investments, cutting an estimated $16.8M.
- 124 institutional investors held Scorpio Tankers (STNG) as of Q3 2018, down from 130 in Q2 2018.
- Funds reported $401M of Scorpio Tankers stock for Q3 2018, down 30% quarter-over-quarter.
- 23 funds opened new Scorpio Tankers positions in Q3 2018 and 28 closed out, a net change of -5 holders.
- The largest Scorpio Tankers buyer in Q3 2018 was Evermore Global Advisors, an estimated $6.31M added.
- The largest Scorpio Tankers seller in Q3 2018 was Fidelity Investments, an estimated $16.8M sold.
Based on aggregated 13F filings for Q3 2018.