Tennant Co
140 hedge funds and large institutions have $1.25B invested in Tennant Co in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 60 reducing their positions, and 5 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
82% more call options, than puts
Call options by funds: $2.82M | Put options by funds: $1.55M
18% more capital invested
Capital invested by funds: $1.06B → $1.25B (+$188M)
6% more funds holding
Funds holding: 132 → 140 (+8)
1.48% more ownership
Funds ownership: 87.09% → 88.56% (+1.5%)
30% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$14.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$10.5M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$8.93M |
| 4 |
Neuberger Berman Group
New York
|
+$6M |
| 5 |
ClearBridge Investments
New York
|
+$5.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$19.4M |
| 2 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$17.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.07M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$5.05M |
| 5 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$2.85M |
TNC Hedge Fund Activity: Q2 2014 in Review
140 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q2 2014, worth a combined $1.25B — up 18% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TNC positions and 5 closed out — a net gain of 8 holders — while 42 added to existing stakes and 60 trimmed.
The largest buyer was Waddell & Reed Financial, adding an estimated $14.2M. The largest seller was Janus Henderson Investors US, cutting an estimated $19.4M.
- 140 institutional investors held Tennant Co (TNC) as of Q2 2014, up from 132 in Q1 2014.
- Funds reported $1.25B of Tennant Co stock for Q2 2014, up 18% quarter-over-quarter.
- 13 funds opened new Tennant Co positions in Q2 2014 and 5 closed out, a net change of +8 holders.
- The largest Tennant Co buyer in Q2 2014 was Waddell & Reed Financial, an estimated $14.2M added.
- The largest Tennant Co seller in Q2 2014 was Janus Henderson Investors US, an estimated $19.4M sold.
Based on aggregated 13F filings for Q2 2014.