Tennant Co
143 hedge funds and large institutions have $942M invested in Tennant Co in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 51 increasing their positions, 46 reducing their positions, and 22 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 46
0.84% less ownership
Funds ownership: 85.83% → 84.99% (-0.84%)
2% less capital invested
Capital invested by funds: $963M → $942M (-$21M)
6% less funds holding
Funds holding: 152 → 143 (-9)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
37% less call options, than puts
Call options by funds: $312K | Put options by funds: $495K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
+$4.43M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$3.36M |
| 3 |
PSC
Prentiss Smith & Co
Brattleboro,
Vermont
|
+$3.33M |
| 4 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$3.12M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.91M |
| 2 |
Goldman Sachs
New York
|
-$3.77M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.76M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.88M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.41M |
TNC Hedge Fund Activity: Q2 2019 in Review
143 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q2 2019, worth a combined $942M — down 2.2% from $963M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of TNC and 16 opened new positions — a net loss of 6 holders — while 46 trimmed existing stakes and 51 added.
The largest buyer was Nuveen, opening a new position worth an estimated $4.43M. The largest seller was Millennium Management, exiting entirely with an estimated $4.91M sold.
- 143 institutional investors held Tennant Co (TNC) as of Q2 2019, down from 152 in Q1 2019.
- Funds reported $942M of Tennant Co stock for Q2 2019, down 2.2% quarter-over-quarter.
- 16 funds opened new Tennant Co positions in Q2 2019 and 22 closed out, a net change of -6 holders.
- The largest Tennant Co buyer in Q2 2019 was Nuveen, an estimated $4.43M added.
- The largest Tennant Co seller in Q2 2019 was Millennium Management, an estimated $4.91M sold.
Based on aggregated 13F filings for Q2 2019.