Scorpio Tankers
STNG
172 hedge funds and large institutions have $559M invested in Scorpio Tankers in 2020 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 57 increasing their positions, 53 reducing their positions, and 58 closing their positions.
51% more call options, than puts
Call options by funds: $75.8M | Put options by funds: $50.3M
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
8% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 53
5.27% less ownership
Funds ownership: 55.43% → 50.16% (-5.3%)
7% less funds holding
Funds holding: 184 → 172 (-12)
17% less first-time investments, than exits
New positions opened: 48 | Existing positions closed: 58
56% less capital invested
Capital invested by funds: $1.27B → $559M (-$708M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
+$29.3M |
| 2 |
GAI
General American Investors
New York
|
+$12.5M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$11.4M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
+$10.1M |
| 5 |
BSP
Benefit Street Partners
New York
|
+$7.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$42.8M |
| 2 |
FA
Friess Associates
Greenville,
Delaware
|
-$24.8M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$15.3M |
| 4 |
MC
Maplelane Capital
New York
|
-$11.8M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$10.5M |
STNG Hedge Fund Activity: Q1 2020 in Review
172 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q1 2020, worth a combined $559M — down 56% from $1.27B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of STNG and 48 opened new positions — a net loss of 10 holders — while 53 trimmed existing stakes and 57 added.
The largest buyer was Jefferies Group, adding an estimated $29.3M. The largest seller was Fidelity Investments, cutting an estimated $42.8M.
- 172 institutional investors held Scorpio Tankers (STNG) as of Q1 2020, down from 184 in Q4 2019.
- Funds reported $559M of Scorpio Tankers stock for Q1 2020, down 56% quarter-over-quarter.
- 48 funds opened new Scorpio Tankers positions in Q1 2020 and 58 closed out, a net change of -10 holders.
- The largest Scorpio Tankers buyer in Q1 2020 was Jefferies Group, an estimated $29.3M added.
- The largest Scorpio Tankers seller in Q1 2020 was Fidelity Investments, an estimated $42.8M sold.
Based on aggregated 13F filings for Q1 2020.