Tennant Co
257 hedge funds and large institutions have $1.69B invested in Tennant Co in 2024 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 88 increasing their positions, 101 reducing their positions, and 24 closing their positions.
95% more call options, than puts
Call options by funds: $3.97M | Put options by funds: $2.04M
25% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 24
2% more funds holding
Funds holding: 251 → 257 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.64% less ownership
Funds ownership: 93.65% → 93.01% (-0.64%)
4% less capital invested
Capital invested by funds: $1.75B → $1.69B (-$64.7M)
13% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 101
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MPI
Mairs & Power Inc
St Paul,
Minnesota
|
+$13.8M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$10.3M |
| 3 |
Millennium Management
New York
|
+$9.3M |
| 4 |
PCP
P2 Capital Partners
New York
|
+$7.42M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
+$7.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CST
Charles Schwab Trust
Henderson,
Nevada
|
-$18.1M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$16.8M |
| 3 |
Man Group
London,
United Kingdom
|
-$12M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$9.67M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$8.19M |
TNC Hedge Fund Activity: Q3 2024 in Review
257 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Tennant Co (TNC) for Q3 2024, worth a combined $1.69B — down 3.7% from $1.75B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TNC positions and 24 closed out — a net gain of 6 holders — while 88 added to existing stakes and 101 trimmed.
The largest buyer was Mairs & Power Inc, adding an estimated $13.8M. The largest seller was Charles Schwab Trust, exiting entirely with an estimated $18.1M sold.
- 257 institutional investors held Tennant Co (TNC) as of Q3 2024, up from 251 in Q2 2024.
- Funds reported $1.69B of Tennant Co stock for Q3 2024, down 3.7% quarter-over-quarter.
- 30 funds opened new Tennant Co positions in Q3 2024 and 24 closed out, a net change of +6 holders.
- The largest Tennant Co buyer in Q3 2024 was Mairs & Power Inc, an estimated $13.8M added.
- The largest Tennant Co seller in Q3 2024 was Charles Schwab Trust, an estimated $18.1M sold.
Based on aggregated 13F filings for Q3 2024.