Tennant Co
155 hedge funds and large institutions have $1.13B invested in Tennant Co in 2019 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 41 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
34% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 41
20% more capital invested
Capital invested by funds: $942M → $1.13B (+$189M)
8% more funds holding
Funds holding: 143 → 155 (+12)
2.88% more ownership
Funds ownership: 84.99% → 87.87% (+2.9%)
56% less call options, than puts
Call options by funds: $254K | Put options by funds: $572K
Top Buyers
| 1 |
RA
Royce & Associates
New York
|
+$19.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$5.29M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$5.14M |
| 4 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$3.76M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$3.51M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$4.48M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.53M |
| 3 |
Bank of New York Mellon
New York
|
-$2.96M |
| 4 |
Goldman Sachs
New York
|
-$2.66M |
| 5 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$2.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
151
Valeo Financial Advisors
Carmel,
Indiana
| $1K | – | – | – |
|
|
IA
152
IFP Advisors
Tampa,
Florida
| $1K | +$744 | +11 | New |
|
|
GT
153
Glenmede Trust
Philadelphia,
Pennsylvania
| $15 | +$676 | +10 | +5% |
|
|
FCA
154
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$47K | -46,603 | Closed |
|
|
155
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
| – | -$2.32M | -37,889 | Closed |
|
156
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$1.53M | -25,002 | Closed |
|
|
OAM
157
Oxford Asset Management
Oxford,
United Kingdom
| – | -$1.45M | -23,631 | Closed |
|
158
American Century Companies
Kansas City,
Missouri
| – | -$513K | -8,380 | Closed |
|
|
CRC
159
Curi RMB Capital
Chicago,
Illinois
| – | -$502K | -8,200 | Closed |
|
160
D.E. Shaw & Co
New York
| – | -$322K | -5,267 | Closed |
|
|
BCM
161
BBT Capital Management
Fort Worth,
Texas
| – | -$205K | -3,357 | Closed |
|
|
TRCT
162
Tower Research Capital (TRC)
New York
| – | -$41K | -674 | Closed |
|
|
W
163
WealthStone
Columbus,
Ohio
| – | -$5.2K | -85 | Closed |
|
TNC Hedge Fund Activity: Q3 2019 in Review
155 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q3 2019, worth a combined $1.13B — up 20% from $942M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TNC positions and 10 closed out — a net gain of 13 holders — while 55 added to existing stakes and 41 trimmed.
The largest buyer was Royce & Associates, adding an estimated $19.8M. The largest seller was Morgan Stanley, cutting an estimated $4.48M.
- 155 institutional investors held Tennant Co (TNC) as of Q3 2019, up from 143 in Q2 2019.
- Funds reported $1.13B of Tennant Co stock for Q3 2019, up 20% quarter-over-quarter.
- 23 funds opened new Tennant Co positions in Q3 2019 and 10 closed out, a net change of +13 holders.
- The largest Tennant Co buyer in Q3 2019 was Royce & Associates, an estimated $19.8M added.
- The largest Tennant Co seller in Q3 2019 was Morgan Stanley, an estimated $4.48M sold.
Based on aggregated 13F filings for Q3 2019.