Tennant Co
143 hedge funds and large institutions have $1.17B invested in Tennant Co in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 57 increasing their positions, 43 reducing their positions, and 12 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 43
2% more capital invested
Capital invested by funds: $1.15B → $1.17B (+$21.2M)
0.22% less ownership
Funds ownership: 89% → 88.78% (-0.22%)
1% less funds holding
Funds holding: 145 → 143 (-2)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$19.4M |
| 2 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$14.5M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$10.8M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$4.26M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$14M |
| 2 |
Lazard Asset Management
New York
|
-$8.62M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$7.98M |
| 4 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$5.72M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$4.11M |
TNC Hedge Fund Activity: Q2 2017 in Review
143 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q2 2017, worth a combined $1.17B — up 1.9% from $1.15B a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TNC and 10 opened new positions — a net loss of 2 holders — while 43 trimmed existing stakes and 57 added.
The largest buyer was Bank of New York Mellon, adding an estimated $19.4M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $14M.
- 143 institutional investors held Tennant Co (TNC) as of Q2 2017, down from 145 in Q1 2017.
- Funds reported $1.17B of Tennant Co stock for Q2 2017, up 1.9% quarter-over-quarter.
- 10 funds opened new Tennant Co positions in Q2 2017 and 12 closed out, a net change of -2 holders.
- The largest Tennant Co buyer in Q2 2017 was Bank of New York Mellon, an estimated $19.4M added.
- The largest Tennant Co seller in Q2 2017 was ArrowMark Colorado Holdings, an estimated $14M sold.
Based on aggregated 13F filings for Q2 2017.