Tennant Co
144 hedge funds and large institutions have $1B invested in Tennant Co in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 54 increasing their positions, 49 reducing their positions, and 13 closing their positions.
39% more capital inflows, than outflows
Capital inflows: $38.2M | Capital outflows: $27.6M
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
10% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 49
2% more funds holding
Funds holding: 141 → 144 (+3)
1.2% more ownership
Funds ownership: 86.91% → 88.11% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mairs & Power Inc
St Paul,
Minnesota
|
+$6.74M |
| 2 |
Lazard Asset Management
New York
|
+$6.7M |
| 3 |
BlackRock Fund Advisors
San Francisco,
California
|
+$4.52M |
| 4 |
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$3.94M |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$5.9M |
| 2 |
Renaissance Technologies
New York
|
-$4.32M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$4.01M |
| 4 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$3.37M |
| 5 |
Neuberger Berman Group
New York
|
-$1.85M |
TNC Hedge Fund Activity: Q3 2016 in Review
144 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q3 2016, worth a combined $1B — up 21% from $827M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TNC positions and 13 closed out — a net gain of 3 holders — while 54 added to existing stakes and 49 trimmed.
The largest buyer was Mairs & Power Inc, adding an estimated $6.74M. The largest seller was SG Capital Management, exiting entirely with an estimated $5.9M sold.
- 144 institutional investors held Tennant Co (TNC) as of Q3 2016, up from 141 in Q2 2016.
- Funds reported $1B of Tennant Co stock for Q3 2016, up 21% quarter-over-quarter.
- 16 funds opened new Tennant Co positions in Q3 2016 and 13 closed out, a net change of +3 holders.
- The largest Tennant Co buyer in Q3 2016 was Mairs & Power Inc, an estimated $6.74M added.
- The largest Tennant Co seller in Q3 2016 was SG Capital Management, an estimated $5.9M sold.
Based on aggregated 13F filings for Q3 2016.