Scorpio Tankers
STNG
134 hedge funds and large institutions have $879M invested in Scorpio Tankers in 2019 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 31 increasing their positions, 39 reducing their positions, and 17 closing their positions.
171% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 17
123% more call options, than puts
Call options by funds: $49.5M | Put options by funds: $22.2M
54% more capital invested
Capital invested by funds: $569M → $879M (+$310M)
24% more funds holding
Funds holding: 108 → 134 (+26)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2.07% more ownership
Funds ownership: 55.87% → 57.95% (+2.1%)
21% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maplelane Capital
New York
|
+$12.7M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$11.6M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$9.53M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$8.6M |
| 5 |
PI
PEAK6 Investments
Chicago,
Illinois
|
+$7.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$16.3M |
| 2 |
MAC
Monarch Alternative Capital
New York
|
-$15.6M |
| 3 |
BSP
Benefit Street Partners
New York
|
-$13.7M |
| 4 |
6CM
683 Capital Management
New York
|
-$10.5M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
-$9.33M |
STNG Hedge Fund Activity: Q2 2019 in Review
134 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q2 2019, worth a combined $879M — up 54% from $569M a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new STNG positions and 17 closed out — a net gain of 29 holders — while 31 added to existing stakes and 39 trimmed.
The largest buyer was Maplelane Capital, opening a new position worth an estimated $12.7M. The largest seller was Bank of New York Mellon, cutting an estimated $16.3M.
- 134 institutional investors held Scorpio Tankers (STNG) as of Q2 2019, up from 108 in Q1 2019.
- Funds reported $879M of Scorpio Tankers stock for Q2 2019, up 54% quarter-over-quarter.
- 46 funds opened new Scorpio Tankers positions in Q2 2019 and 17 closed out, a net change of +29 holders.
- The largest Scorpio Tankers buyer in Q2 2019 was Maplelane Capital, an estimated $12.7M added.
- The largest Scorpio Tankers seller in Q2 2019 was Bank of New York Mellon, an estimated $16.3M sold.
Based on aggregated 13F filings for Q2 2019.