Scorpio Tankers
STNG
170 hedge funds and large institutions have $359M invested in Scorpio Tankers in 2020 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 60 increasing their positions, 45 reducing their positions, and 50 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 45
0% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 50
1% less funds holding
Funds holding: 172 → 170 (-2)
2.36% less ownership
Funds ownership: 50.16% → 47.8% (-2.4%)
10% less capital inflows, than outflows
Capital inflows: $135M | Capital outflows: $150M
13% less call options, than puts
Call options by funds: $46.1M | Put options by funds: $53M
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$14.7M |
| 3 |
TCW Group
Los Angeles,
California
|
+$9.17M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$6.26M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Evermore Global Advisors
Summit,
New Jersey
|
-$16.1M |
| 2 |
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$13.1M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
-$9.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$9.16M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.81M |
STNG Hedge Fund Activity: Q2 2020 in Review
170 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q2 2020, worth a combined $359M — down 36% from $559M a quarter earlier.
Fund positioning in STNG was balanced in Q2 2020: 50 funds opened new positions, 50 closed out, 60 added to existing stakes and 45 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $24.5M. The largest seller was Evermore Global Advisors, cutting an estimated $16.1M.
- 170 institutional investors held Scorpio Tankers (STNG) as of Q2 2020, down from 172 in Q1 2020.
- Funds reported $359M of Scorpio Tankers stock for Q2 2020, down 36% quarter-over-quarter.
- 50 funds opened new Scorpio Tankers positions in Q2 2020 and 50 closed out, a net change of 0 holders.
- The largest Scorpio Tankers buyer in Q2 2020 was Fidelity Investments, an estimated $24.5M added.
- The largest Scorpio Tankers seller in Q2 2020 was Evermore Global Advisors, an estimated $16.1M sold.
Based on aggregated 13F filings for Q2 2020.