Tennant Co
174 hedge funds and large institutions have $1.19B invested in Tennant Co in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 52 increasing their positions, 61 reducing their positions, and 7 closing their positions.
286% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 7
15% more capital invested
Capital invested by funds: $1.04B → $1.19B (+$157M)
12% more funds holding
Funds holding: 155 → 174 (+19)
0.41% more ownership
Funds ownership: 93.67% → 94.08% (+0.41%)
15% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 61
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
89% less call options, than puts
Call options by funds: $82K | Put options by funds: $754K
Top Buyers
| 1 |
PCP
P2 Capital Partners
New York
|
+$6.57M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.43M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$5.9M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$4.01M |
| 5 |
Morgan Stanley
New York
|
+$2.51M |
Top Sellers
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$9.94M |
| 2 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$6.73M |
| 3 |
PGDP
Pragma Gestao de Patrimonio
Sao Paulo,
Brazil
|
-$6.1M |
| 4 |
BlackRock
New York
|
-$4.42M |
| 5 |
Millennium Management
New York
|
-$4.37M |
TNC Hedge Fund Activity: Q1 2023 in Review
174 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q1 2023, worth a combined $1.19B — up 15% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TNC positions and 7 closed out — a net gain of 20 holders — while 52 added to existing stakes and 61 trimmed.
The largest buyer was P2 Capital Partners, adding an estimated $6.57M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $9.94M.
- 174 institutional investors held Tennant Co (TNC) as of Q1 2023, up from 155 in Q4 2022.
- Funds reported $1.19B of Tennant Co stock for Q1 2023, up 15% quarter-over-quarter.
- 27 funds opened new Tennant Co positions in Q1 2023 and 7 closed out, a net change of +20 holders.
- The largest Tennant Co buyer in Q1 2023 was P2 Capital Partners, an estimated $6.57M added.
- The largest Tennant Co seller in Q1 2023 was ArrowMark Colorado Holdings, an estimated $9.94M sold.
Based on aggregated 13F filings for Q1 2023.