Tennant Co
145 hedge funds and large institutions have $1.15B invested in Tennant Co in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 53 increasing their positions, 48 reducing their positions, and 19 closing their positions.
91% more call options, than puts
Call options by funds: $1.82M | Put options by funds: $952K
10% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 48
3% more capital invested
Capital invested by funds: $1.11B → $1.15B (+$34.3M)
0.43% more ownership
Funds ownership: 88.57% → 89% (+0.43%)
6% less funds holding
Funds holding: 155 → 145 (-10)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$149M |
| 2 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$29.2M |
| 3 |
Goldman Sachs
New York
|
+$16.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.65M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$6.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCP
Copper Rock Capital Partners
Boston,
Massachusetts
|
-$19M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$13M |
| 3 |
Lazard Asset Management
New York
|
-$9.28M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$8.99M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$5.48M |
TNC Hedge Fund Activity: Q1 2017 in Review
145 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q1 2017, worth a combined $1.15B — up 3.1% from $1.11B a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TNC and 15 opened new positions — a net loss of 4 holders — while 48 trimmed existing stakes and 53 added.
The largest buyer was BlackRock, adding an estimated $149M. The largest seller was Copper Rock Capital Partners, exiting entirely with an estimated $19M sold.
- 145 institutional investors held Tennant Co (TNC) as of Q1 2017, down from 155 in Q4 2016.
- Funds reported $1.15B of Tennant Co stock for Q1 2017, up 3.1% quarter-over-quarter.
- 15 funds opened new Tennant Co positions in Q1 2017 and 19 closed out, a net change of -4 holders.
- The largest Tennant Co buyer in Q1 2017 was BlackRock, an estimated $149M added.
- The largest Tennant Co seller in Q1 2017 was Copper Rock Capital Partners, an estimated $19M sold.
Based on aggregated 13F filings for Q1 2017.