Tennant Co
148 hedge funds and large institutions have $1.18B invested in Tennant Co in 2017 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 60 increasing their positions, 46 reducing their positions, and 14 closing their positions.
57% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 14
30% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 46
8% more capital invested
Capital invested by funds: $1.1B → $1.18B (+$84.7M)
6% more funds holding
Funds holding: 140 → 148 (+8)
1.87% less ownership
Funds ownership: 93.05% → 91.18% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$25.2M |
| 2 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$8.97M |
| 3 |
BlackRock
New York
|
+$5.92M |
| 4 |
Goldman Sachs
New York
|
+$4.41M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$3.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$40.1M |
| 2 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$14.9M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$8.5M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$8.27M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$5.97M |
TNC Hedge Fund Activity: Q4 2017 in Review
148 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q4 2017, worth a combined $1.18B — up 7.7% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TNC positions and 14 closed out — a net gain of 8 holders — while 60 added to existing stakes and 46 trimmed.
The largest buyer was ArrowMark Colorado Holdings, adding an estimated $25.2M. The largest seller was Neuberger Berman Group, cutting an estimated $40.1M.
- 148 institutional investors held Tennant Co (TNC) as of Q4 2017, up from 140 in Q3 2017.
- Funds reported $1.18B of Tennant Co stock for Q4 2017, up 7.7% quarter-over-quarter.
- 22 funds opened new Tennant Co positions in Q4 2017 and 14 closed out, a net change of +8 holders.
- The largest Tennant Co buyer in Q4 2017 was ArrowMark Colorado Holdings, an estimated $25.2M added.
- The largest Tennant Co seller in Q4 2017 was Neuberger Berman Group, an estimated $40.1M sold.
Based on aggregated 13F filings for Q4 2017.