Tennant Co
165 hedge funds and large institutions have $1.27B invested in Tennant Co in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 59 increasing their positions, 43 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 15
37% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 43
12% more capital invested
Capital invested by funds: $1.13B → $1.27B (+$138M)
6% more funds holding
Funds holding: 155 → 165 (+10)
1.21% more ownership
Funds ownership: 87.87% → 89.08% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$6.25M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$4.75M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$3.51M |
| 4 |
Millennium Management
New York
|
+$2.64M |
| 5 |
BlackRock
New York
|
+$2.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$3.69M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$3.66M |
| 3 |
Bank of New York Mellon
New York
|
-$3.36M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$3.06M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$2.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Rockefeller Capital Management
New York
| – | -$6K | -84 | Closed |
|
|
IA
177
IFP Advisors
Tampa,
Florida
| – | -$819 | -11 | Closed |
|
|
OPS
178
Orion Portfolio Solutions
Omaha,
Nebraska
| – | +$149 | +2 | New |
|
|
ASN
179
Advisory Services Network
Atlanta,
Georgia
| – | +$298 | +4 | New |
|
TNC Hedge Fund Activity: Q4 2019 in Review
165 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q4 2019, worth a combined $1.27B — up 12% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TNC positions and 15 closed out — a net gain of 15 holders — while 59 added to existing stakes and 43 trimmed.
The largest buyer was Royce & Associates, adding an estimated $6.25M. The largest seller was Penn Capital Management, exiting entirely with an estimated $3.69M sold.
- 165 institutional investors held Tennant Co (TNC) as of Q4 2019, up from 155 in Q3 2019.
- Funds reported $1.27B of Tennant Co stock for Q4 2019, up 12% quarter-over-quarter.
- 30 funds opened new Tennant Co positions in Q4 2019 and 15 closed out, a net change of +15 holders.
- The largest Tennant Co buyer in Q4 2019 was Royce & Associates, an estimated $6.25M added.
- The largest Tennant Co seller in Q4 2019 was Penn Capital Management, an estimated $3.69M sold.
Based on aggregated 13F filings for Q4 2019.