Terra Nitrogen
TNH
TNH was delisted on the 29th of March, 2018.
73 hedge funds and large institutions have $150M invested in Terra Nitrogen in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 29 reducing their positions, and 13 closing their positions.
9% less funds holding
Funds holding: 80 → 73 (-7)
14% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 29
35% less capital invested
Capital invested by funds: $231M → $150M (-$80.5M)
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
STB
S&T Bank
Indiana,
Pennsylvania
|
+$5.78M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.55M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.91M |
| 4 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
+$949K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$493K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Randolph Company
Cincinnati,
Ohio
|
-$5.82M |
| 2 |
Renaissance Technologies
New York
|
-$5.42M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$5.4M |
| 4 |
1IC
1919 Investment Counsel
Baltimore,
Maryland
|
-$2.03M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.89M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IC
76
1919 Investment Counsel
Baltimore,
Maryland
| – | -$2.03M | -10,000 | Closed |
|
|
WT
77
Whittier Trust
South Pasadena,
California
| – | -$1.42M | -7,000 | Closed |
|
|
FCCM
78
First City Capital Management
Savannah,
Georgia
| – | -$456K | -2,250 | Closed |
|
79
Neuberger Berman Group
New York
| – | -$253K | -1,250 | Closed |
|
80
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$250K | -1,234 | Closed |
|
81
CIBC Asset Management
Toronto,
Ontario, Canada
| – | -$246K | -1,214 | Closed |
|
|
BOIA
82
Bush ODonnell Investment Advisors
St Louis,
Missouri
| – | -$220K | -1,084 | Closed |
|
|
CA
83
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$206K | -1,017 | Closed |
|
84
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$139K | -690 | Closed |
|
|
SAM
85
Solaris Asset Management
New York
| – | -$66K | -325 | Closed |
|
|
MFS
86
MSI Financial Services
Springfield,
Massachusetts
| – | -$35K | -172 | Closed |
|
|
PCM
87
Prelude Capital Management
New York
| – | -$30K | -150 | Closed |
|
TNH Hedge Fund Activity: Q4 2013 in Review
73 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Terra Nitrogen (TNH) for Q4 2013, worth a combined $150M — down 35% from $231M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TNH and 8 opened new positions — a net loss of 5 holders — while 29 trimmed existing stakes and 25 added.
The largest buyer was S&T Bank, adding an estimated $5.78M. The largest seller was Randolph Company, exiting entirely with an estimated $5.82M sold.
- 73 institutional investors held Terra Nitrogen (TNH) as of Q4 2013, down from 80 in Q3 2013.
- Funds reported $150M of Terra Nitrogen stock for Q4 2013, down 35% quarter-over-quarter.
- 8 funds opened new Terra Nitrogen positions in Q4 2013 and 13 closed out, a net change of -5 holders.
- The largest Terra Nitrogen buyer in Q4 2013 was S&T Bank, an estimated $5.78M added.
- The largest Terra Nitrogen seller in Q4 2013 was Randolph Company, an estimated $5.82M sold.
Based on aggregated 13F filings for Q4 2013.