Tennant Co
141 hedge funds and large institutions have $827M invested in Tennant Co in 2016 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 50 increasing their positions, 51 reducing their positions, and 13 closing their positions.
4% more capital invested
Capital invested by funds: $792M → $827M (+$34.8M)
0.08% less ownership
Funds ownership: 86.98% → 86.91% (-0.08%)
2% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 51
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 143 → 141 (-2)
15% less call options, than puts
Call options by funds: $239K | Put options by funds: $280K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
+$9.97M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$8.7M |
| 3 |
SCM
SG Capital Management
Chicago,
Illinois
|
+$5.83M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$4.03M |
| 5 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
-$15.1M |
| 2 |
NAM
Nichols Asset Management
Sudbury,
Massachusetts
|
-$7M |
| 3 |
Millennium Management
New York
|
-$3.72M |
| 4 |
Neuberger Berman Group
New York
|
-$1.79M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$1.25M |
TNC Hedge Fund Activity: Q2 2016 in Review
141 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q2 2016, worth a combined $827M — up 4.4% from $792M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TNC and 12 opened new positions — a net loss of 1 holder — while 51 trimmed existing stakes and 50 added.
The largest buyer was Lazard Asset Management, opening a new position worth an estimated $9.97M. The largest seller was Rice Hall James & Associates, exiting entirely with an estimated $15.1M sold.
- 141 institutional investors held Tennant Co (TNC) as of Q2 2016, down from 143 in Q1 2016.
- Funds reported $827M of Tennant Co stock for Q2 2016, up 4.4% quarter-over-quarter.
- 12 funds opened new Tennant Co positions in Q2 2016 and 13 closed out, a net change of -1 holder.
- The largest Tennant Co buyer in Q2 2016 was Lazard Asset Management, an estimated $9.97M added.
- The largest Tennant Co seller in Q2 2016 was Rice Hall James & Associates, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2016.