Tennant Co
171 hedge funds and large institutions have $1.15B invested in Tennant Co in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 61 increasing their positions, 57 reducing their positions, and 19 closing their positions.
1,871% more call options, than puts
Call options by funds: $414K | Put options by funds: $21K
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
16% more capital invested
Capital invested by funds: $992M → $1.15B (+$156M)
2% more funds holding
Funds holding: 167 → 171 (+4)
7% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 57
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.47% less ownership
Funds ownership: 88.99% → 88.52% (-0.47%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.1M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$6.96M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.25M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$6.03M |
| 5 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$4.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$26.3M |
| 2 |
Millennium Management
New York
|
-$7.04M |
| 3 |
Bank of New York Mellon
New York
|
-$7.03M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$5.14M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$2.77M |
TNC Hedge Fund Activity: Q4 2020 in Review
171 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q4 2020, worth a combined $1.15B — up 16% from $992M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TNC positions and 19 closed out — a net gain of 5 holders — while 61 added to existing stakes and 57 trimmed.
The largest buyer was BlackRock, adding an estimated $11.1M. The largest seller was Royce & Associates, cutting an estimated $26.3M.
- 171 institutional investors held Tennant Co (TNC) as of Q4 2020, up from 167 in Q3 2020.
- Funds reported $1.15B of Tennant Co stock for Q4 2020, up 16% quarter-over-quarter.
- 24 funds opened new Tennant Co positions in Q4 2020 and 19 closed out, a net change of +5 holders.
- The largest Tennant Co buyer in Q4 2020 was BlackRock, an estimated $11.1M added.
- The largest Tennant Co seller in Q4 2020 was Royce & Associates, an estimated $26.3M sold.
Based on aggregated 13F filings for Q4 2020.