Scorpio Tankers
STNG
153 hedge funds and large institutions have $590M invested in Scorpio Tankers in 2021 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 62 reducing their positions, and 15 closing their positions.
29% more capital invested
Capital invested by funds: $457M → $590M (+$133M)
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
3.28% more ownership
Funds ownership: 42.76% → 46.04% (+3.3%)
1% more funds holding
Funds holding: 151 → 153 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
17% less call options, than puts
Call options by funds: $55.2M | Put options by funds: $66.9M
34% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 62
Top Buyers
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$13M |
| 2 |
SAM
Scion Asset Management
Saratoga,
California
|
+$8.33M |
| 3 |
Morgan Stanley
New York
|
+$7.22M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$6.59M |
| 5 |
RA
Royce & Associates
New York
|
+$6.42M |
Top Sellers
| 1 |
Millennium Management
New York
|
-$6.78M |
| 2 |
CCPM
Cooper Creek Partners Management
New York
|
-$5.18M |
| 3 |
State Street
Boston,
Massachusetts
|
-$3.49M |
| 4 |
HP
Hosking Partners
London,
United Kingdom
|
-$2.87M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$2.59M |
STNG Hedge Fund Activity: Q2 2021 in Review
153 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q2 2021, worth a combined $590M — up 29% from $457M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new STNG positions and 15 closed out — a net gain of 2 holders — while 41 added to existing stakes and 62 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $13M. The largest seller was Millennium Management, cutting an estimated $6.78M.
- 153 institutional investors held Scorpio Tankers (STNG) as of Q2 2021, up from 151 in Q1 2021.
- Funds reported $590M of Scorpio Tankers stock for Q2 2021, up 29% quarter-over-quarter.
- 17 funds opened new Scorpio Tankers positions in Q2 2021 and 15 closed out, a net change of +2 holders.
- The largest Scorpio Tankers buyer in Q2 2021 was Russell Investments Group, an estimated $13M added.
- The largest Scorpio Tankers seller in Q2 2021 was Millennium Management, an estimated $6.78M sold.
Based on aggregated 13F filings for Q2 2021.