Tennant Co
156 hedge funds and large institutions have $1.07B invested in Tennant Co in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 44 increasing their positions, 66 reducing their positions, and 5 closing their positions.
320% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 5
11% more funds holding
Funds holding: 140 → 156 (+16)
4% less call options, than puts
Call options by funds: $1.44M | Put options by funds: $1.49M
1.8% less ownership
Funds ownership: 88.56% → 86.77% (-1.8%)
14% less capital invested
Capital invested by funds: $1.25B → $1.07B (-$175M)
33% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 66
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$11M |
| 2 |
TA
Teachers Advisors
New York
|
+$8.74M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$8.38M |
| 4 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
+$7.4M |
| 5 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$7.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$36.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$11.4M |
| 3 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
-$9.09M |
| 4 |
PIM
Progressive Investment Management
Lake Oswego,
Oregon
|
-$7.56M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.55M |
TNC Hedge Fund Activity: Q3 2014 in Review
156 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q3 2014, worth a combined $1.07B — down 14% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TNC positions and 5 closed out — a net gain of 16 holders — while 44 added to existing stakes and 66 trimmed.
The largest buyer was Granahan Investment Management, adding an estimated $11M. The largest seller was Janus Henderson Investors US, cutting an estimated $36.6M.
- 156 institutional investors held Tennant Co (TNC) as of Q3 2014, up from 140 in Q2 2014.
- Funds reported $1.07B of Tennant Co stock for Q3 2014, down 14% quarter-over-quarter.
- 21 funds opened new Tennant Co positions in Q3 2014 and 5 closed out, a net change of +16 holders.
- The largest Tennant Co buyer in Q3 2014 was Granahan Investment Management, an estimated $11M added.
- The largest Tennant Co seller in Q3 2014 was Janus Henderson Investors US, an estimated $36.6M sold.
Based on aggregated 13F filings for Q3 2014.