Tennant Co
149 hedge funds and large institutions have $990M invested in Tennant Co in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 57 increasing their positions, 56 reducing their positions, and 26 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 56
0.42% more ownership
Funds ownership: 89.47% → 89.89% (+0.42%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12% less funds holding
Funds holding: 170 → 149 (-21)
24% less capital invested
Capital invested by funds: $1.31B → $990M (-$320M)
62% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.41M |
| 2 |
PCP
P2 Capital Partners
New York
|
+$7.4M |
| 3 |
Morgan Stanley
New York
|
+$4.43M |
| 4 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$3.68M |
| 5 |
Squarepoint
New York
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$5.98M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$4.93M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$1.03M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$963K |
TNC Hedge Fund Activity: Q2 2022 in Review
149 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q2 2022, worth a combined $990M — down 24% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TNC and 10 opened new positions — a net loss of 16 holders — while 56 trimmed existing stakes and 57 added.
The largest buyer was BlackRock, adding an estimated $7.41M. The largest seller was Ceredex Value Advisors, exiting entirely with an estimated $5.98M sold.
- 149 institutional investors held Tennant Co (TNC) as of Q2 2022, down from 170 in Q1 2022.
- Funds reported $990M of Tennant Co stock for Q2 2022, down 24% quarter-over-quarter.
- 10 funds opened new Tennant Co positions in Q2 2022 and 26 closed out, a net change of -16 holders.
- The largest Tennant Co buyer in Q2 2022 was BlackRock, an estimated $7.41M added.
- The largest Tennant Co seller in Q2 2022 was Ceredex Value Advisors, an estimated $5.98M sold.
Based on aggregated 13F filings for Q2 2022.