Tennant Co
188 hedge funds and large institutions have $1.39B invested in Tennant Co in 2023 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 70 reducing their positions, and 13 closing their positions.
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
16% more capital invested
Capital invested by funds: $1.19B → $1.39B (+$192M)
8% more funds holding
Funds holding: 174 → 188 (+14)
1.66% less ownership
Funds ownership: 94.08% → 92.43% (-1.7%)
17% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.94M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$6.46M |
| 3 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$3.89M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$3.15M |
| 5 |
Millennium Management
New York
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$29.6M |
| 2 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
-$6.86M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$5.39M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$5.03M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.86M |
TNC Hedge Fund Activity: Q2 2023 in Review
188 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q2 2023, worth a combined $1.39B — up 16% from $1.19B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new TNC positions and 13 closed out — a net gain of 14 holders — while 58 added to existing stakes and 70 trimmed.
The largest buyer was BlackRock, adding an estimated $8.94M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $29.6M.
- 188 institutional investors held Tennant Co (TNC) as of Q2 2023, up from 174 in Q1 2023.
- Funds reported $1.39B of Tennant Co stock for Q2 2023, up 16% quarter-over-quarter.
- 27 funds opened new Tennant Co positions in Q2 2023 and 13 closed out, a net change of +14 holders.
- The largest Tennant Co buyer in Q2 2023 was BlackRock, an estimated $8.94M added.
- The largest Tennant Co seller in Q2 2023 was ArrowMark Colorado Holdings, an estimated $29.6M sold.
Based on aggregated 13F filings for Q2 2023.