Tennant Co
156 hedge funds and large institutions have $1.2B invested in Tennant Co in 2018 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 59 increasing their positions, 45 reducing their positions, and 10 closing their positions.
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
81% more call options, than puts
Call options by funds: $866K | Put options by funds: $478K
31% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 45
8% more funds holding
Funds holding: 145 → 156 (+11)
0.44% more ownership
Funds ownership: 87.22% → 87.66% (+0.44%)
3% less capital invested
Capital invested by funds: $1.24B → $1.2B (-$36.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.11M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$6.86M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$5.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.81M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$5.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Bodenholm Capital
Stockholm,
Sweden
|
-$17.9M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$14.4M |
| 3 |
Goldman Sachs
New York
|
-$7.62M |
| 4 |
RA
Royce & Associates
New York
|
-$3.6M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$3.55M |
TNC Hedge Fund Activity: Q3 2018 in Review
156 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q3 2018, worth a combined $1.2B — down 2.9% from $1.24B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TNC positions and 10 closed out — a net gain of 12 holders — while 59 added to existing stakes and 45 trimmed.
The largest buyer was BlackRock, adding an estimated $9.11M. The largest seller was Bodenholm Capital, exiting entirely with an estimated $17.9M sold.
- 156 institutional investors held Tennant Co (TNC) as of Q3 2018, up from 145 in Q2 2018.
- Funds reported $1.2B of Tennant Co stock for Q3 2018, down 2.9% quarter-over-quarter.
- 22 funds opened new Tennant Co positions in Q3 2018 and 10 closed out, a net change of +12 holders.
- The largest Tennant Co buyer in Q3 2018 was BlackRock, an estimated $9.11M added.
- The largest Tennant Co seller in Q3 2018 was Bodenholm Capital, an estimated $17.9M sold.
Based on aggregated 13F filings for Q3 2018.