Scorpio Tankers
STNG
233 hedge funds and large institutions have $1.64B invested in Scorpio Tankers in 2023 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 75 increasing their positions, 81 reducing their positions, and 43 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 2 → 8 (+6)
77% more call options, than puts
Call options by funds: $416M | Put options by funds: $235M
5% more capital invested
Capital invested by funds: $1.56B → $1.64B (+$85.5M)
9% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 43
1% more funds holding
Funds holding: 231 → 233 (+2)
7% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 81
5.15% less ownership
Funds ownership: 57.45% → 52.3% (-5.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$55.4M |
| 2 |
ECM
ExodusPoint Capital Management
New York
|
+$17.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$15.7M |
| 4 |
MIM
Merewether Investment Management
Dallas,
Texas
|
+$11.9M |
| 5 |
Renaissance Technologies
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$48.8M |
| 2 |
PIM
Platinum Investment Management
Sydney Australia 2000,
Australia
|
-$31M |
| 3 |
Two Sigma Advisers
New York
|
-$22.2M |
| 4 |
Two Sigma Investments
New York
|
-$22.1M |
| 5 |
Morgan Stanley
New York
|
-$20.5M |
STNG Hedge Fund Activity: Q3 2023 in Review
233 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Scorpio Tankers (STNG) for Q3 2023, worth a combined $1.64B — up 5.5% from $1.56B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new STNG positions and 43 closed out — a net gain of 4 holders — while 75 added to existing stakes and 81 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $55.4M. The largest seller was Rubric Capital Management (New York), exiting entirely with an estimated $48.8M sold.
- 233 institutional investors held Scorpio Tankers (STNG) as of Q3 2023, up from 231 in Q2 2023.
- Funds reported $1.64B of Scorpio Tankers stock for Q3 2023, up 5.5% quarter-over-quarter.
- 47 funds opened new Scorpio Tankers positions in Q3 2023 and 43 closed out, a net change of +4 holders.
- The largest Scorpio Tankers buyer in Q3 2023 was Fidelity Investments, an estimated $55.4M added.
- The largest Scorpio Tankers seller in Q3 2023 was Rubric Capital Management (New York), an estimated $48.8M sold.
Based on aggregated 13F filings for Q3 2023.