Tennant Co
143 hedge funds and large institutions have $792M invested in Tennant Co in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 67 increasing their positions, 45 reducing their positions, and 16 closing their positions.
52% more call options, than puts
Call options by funds: $2.58M | Put options by funds: $1.7M
49% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 45
1.92% more ownership
Funds ownership: 85.06% → 86.98% (+1.9%)
3% less funds holding
Funds holding: 148 → 143 (-5)
7% less capital invested
Capital invested by funds: $853M → $792M (-$61.1M)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$14.9M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$14M |
| 3 |
Renaissance Technologies
New York
|
+$4.62M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.75M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Teachers Advisors
New York
|
-$6.89M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$4.82M |
| 3 |
ACMM
Arbor Capital Management (Minnesota)
Minneapolis,
Minnesota
|
-$3.26M |
| 4 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$2.89M |
| 5 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$2.8M |
TNC Hedge Fund Activity: Q1 2016 in Review
143 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q1 2016, worth a combined $792M — down 7.2% from $853M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TNC and 12 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 67 added.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $14.9M. The largest seller was Teachers Advisors, cutting an estimated $6.89M.
- 143 institutional investors held Tennant Co (TNC) as of Q1 2016, down from 148 in Q4 2015.
- Funds reported $792M of Tennant Co stock for Q1 2016, down 7.2% quarter-over-quarter.
- 12 funds opened new Tennant Co positions in Q1 2016 and 16 closed out, a net change of -4 holders.
- The largest Tennant Co buyer in Q1 2016 was ArrowMark Colorado Holdings, an estimated $14.9M added.
- The largest Tennant Co seller in Q1 2016 was Teachers Advisors, an estimated $6.89M sold.
Based on aggregated 13F filings for Q1 2016.