Tennant Co
145 hedge funds and large institutions have $1.24B invested in Tennant Co in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 52 increasing their positions, 40 reducing their positions, and 8 closing their positions.
194% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $355K
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
30% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 40
15% more capital invested
Capital invested by funds: $1.08B → $1.24B (+$160M)
6% more funds holding
Funds holding: 137 → 145 (+8)
1.88% less ownership
Funds ownership: 89.1% → 87.22% (-1.9%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$14.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.65M |
| 3 |
Morgan Stanley
New York
|
+$5.16M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.96M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$3.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$18.9M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$11.6M |
| 3 |
BC
Bodenholm Capital
Stockholm,
Sweden
|
-$8.42M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$7.17M |
| 5 |
RA
Royce & Associates
New York
|
-$5.01M |
TNC Hedge Fund Activity: Q2 2018 in Review
145 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q2 2018, worth a combined $1.24B — up 15% from $1.08B a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TNC positions and 8 closed out — a net gain of 8 holders — while 52 added to existing stakes and 40 trimmed.
The largest buyer was BlackRock, adding an estimated $14.3M. The largest seller was Indaba Capital Management, exiting entirely with an estimated $18.9M sold.
- 145 institutional investors held Tennant Co (TNC) as of Q2 2018, up from 137 in Q1 2018.
- Funds reported $1.24B of Tennant Co stock for Q2 2018, up 15% quarter-over-quarter.
- 16 funds opened new Tennant Co positions in Q2 2018 and 8 closed out, a net change of +8 holders.
- The largest Tennant Co buyer in Q2 2018 was BlackRock, an estimated $14.3M added.
- The largest Tennant Co seller in Q2 2018 was Indaba Capital Management, an estimated $18.9M sold.
Based on aggregated 13F filings for Q2 2018.