Tennant Co
173 hedge funds and large institutions have $1.31B invested in Tennant Co in 2021 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 54 increasing their positions, 72 reducing their positions, and 17 closing their positions.
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
14% more capital invested
Capital invested by funds: $1.15B → $1.31B (+$164M)
1% more funds holding
Funds holding: 171 → 173 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.1% less ownership
Funds ownership: 88.54% → 88.44% (-0.1%)
25% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 72
Top Buyers
| 1 |
PCP
P2 Capital Partners
New York
|
+$14M |
| 2 |
BlackRock
New York
|
+$5.35M |
| 3 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
+$4.02M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$4.02M |
| 5 |
WC
Walthausen & Co
Malta,
New York
|
+$3.58M |
Top Sellers
| 1 |
RA
Royce & Associates
New York
|
-$8.72M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$2.92M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$2.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.38M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$2.2M |
TNC Hedge Fund Activity: Q1 2021 in Review
173 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q1 2021, worth a combined $1.31B — up 14% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new TNC positions and 17 closed out — a net gain of 3 holders — while 54 added to existing stakes and 72 trimmed.
The largest buyer was P2 Capital Partners, opening a new position worth an estimated $14M. The largest seller was Royce & Associates, cutting an estimated $8.72M.
- 173 institutional investors held Tennant Co (TNC) as of Q1 2021, up from 171 in Q4 2020.
- Funds reported $1.31B of Tennant Co stock for Q1 2021, up 14% quarter-over-quarter.
- 20 funds opened new Tennant Co positions in Q1 2021 and 17 closed out, a net change of +3 holders.
- The largest Tennant Co buyer in Q1 2021 was P2 Capital Partners, an estimated $14M added.
- The largest Tennant Co seller in Q1 2021 was Royce & Associates, an estimated $8.72M sold.
Based on aggregated 13F filings for Q1 2021.