Tennant Co
170 hedge funds and large institutions have $1.31B invested in Tennant Co in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 53 increasing their positions, 65 reducing their positions, and 14 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1.25% more ownership
Funds ownership: 88.22% → 89.47% (+1.2%)
1% less capital invested
Capital invested by funds: $1.32B → $1.31B (-$15.2M)
2% less funds holding
Funds holding: 173 → 170 (-3)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
18% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 65
25% less call options, than puts
Call options by funds: $472K | Put options by funds: $630K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$30.4M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$9.4M |
| 3 |
BlackRock
New York
|
+$2.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.66M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$11M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$2.38M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.83M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$1.44M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.24M |
TNC Hedge Fund Activity: Q1 2022 in Review
170 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q1 2022, worth a combined $1.31B — down 1.1% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TNC and 12 opened new positions — a net loss of 2 holders — while 65 trimmed existing stakes and 53 added.
The largest buyer was Thrivent Financial for Lutherans, adding an estimated $30.4M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $11M.
- 170 institutional investors held Tennant Co (TNC) as of Q1 2022, down from 173 in Q4 2021.
- Funds reported $1.31B of Tennant Co stock for Q1 2022, down 1.1% quarter-over-quarter.
- 12 funds opened new Tennant Co positions in Q1 2022 and 14 closed out, a net change of -2 holders.
- The largest Tennant Co buyer in Q1 2022 was Thrivent Financial for Lutherans, an estimated $30.4M added.
- The largest Tennant Co seller in Q1 2022 was ArrowMark Colorado Holdings, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2022.