Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Tennant Co (TNC)

236 + Investors. Track Smart Money conviction in TNC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +21
Streak
1Q ▲
Buyers last Q
50%

Smart Money Signals — TNC

Based on 240 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added TNC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 93% of 3.0Y peak

93% of all-time peak
240 funds currently hold this stock — 93% of the 3.0-year high of 258 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding TNC is almost the same as a year ago (-5 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 50% buying

113 buying114 selling
Last quarter: 113 funds bought or added vs 114 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+15 vs last Q)

new funds entering per quarter
Funds opening a new TNC position: 35 → 24 → 32 → 47. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 18% medium ■ 20% new
147 out of 240 hedge funds have held TNC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +37% but shares only +14% — price-driven

Value
+37%
Shares
+13%
Last quarter: the total dollar value of institutional holdings rose +37%, but actual share count only changed +14%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

38 → 35 → 24 → 32 → 47 new funds/Q
New funds entering each quarter: 35 → 24 → 32 → 47. A growing number of institutions are discovering TNC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 66% veterans vs 22% newcomers

■ 66% veterans ■ 12% 1-2yr ■ 22% new
Entry-cohort mix of 243 holders: 161 (66%) are 2+ year veterans, 29 entered 1–2 years ago, and 53 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 53% AUM from top-100 funds

53% from top-100 AUM funds
47 of 239 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in TNC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TNC

In 2026 Q2, 113 hedge funds were net buyers of TNC (47 opened a new position, 66 added to an existing one), while 114 reduced or exited (88 trimmed, 26 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 53% of total institutional value in TNC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +21 funds (more new holders than closures). Total institutional holders: 240.

Hedge Fund Ownership: TNC

How many hedge funds hold TNC — quarterly history vs. share price
Quarterly hedge fund ownership of TNC vs. share price

Market Analysis: TNC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TNC

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 2 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: TNC
236 + Investors

Track Smart Money conviction in TNC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 236 219 7.76%
13F Shares 18M 18M 3.99%
Total Value $1.56B $1.15B 35.15%
New Positions 46 32 +14
Increased Positions 63 82 -19
Closed Positions 28 60 -32
Reduced Positions 88 78 +10
Total Calls 3 3 -
Total Puts 1 2 -50.0%
PUT/CALL Ratio 0.33 0.67 Bullish

Statistics: TNC

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Valuation Measures Data as of: --

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

236 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TNC. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TNC holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Vision One Management Partners, LP 12.34% 391,593 $34.3M
2 P2 Capital Partners, LLC 8.03% 225,255 $19.7M
3 Simcoe Capital Management, LLC 6.10% 383,000 $33.5M
4 Kopion Asset Management, LLC 5.53% 99,878 $8.7M
5 Lightrock Netherlands B.V. 2.66% 153,598 $13.4M
6 Invenomic Capital Management LP 0.95% 182,387 $16.0M
7 White Pine Capital LLC 0.66% 31,876 $2.8M
8 Needham Investment Management LLC 0.64% 242,500 $21.2M
9 Gamco Investors, INC. Et Al 0.55% 701,100 $61.4M
10 Mairs & Power Inc 0.55% 681,800 $59.7M
11 Albert D Mason Inc 0.50% 9,968 $873K
12 Teton Advisors, LLC 0.43% 8,500 $744K
13 Martin & Co Inc /Tn/ 0.36% 26,086 $2.3M
14 Sylvest Advisors, LLC 0.35% 8,904 $779K
15 Cramer Rosenthal Mcglynn LLC 0.26% 59,436 $5.2M
16 Deprince Race & Zollo Inc 0.25% 171,066 $15.0M
17 River Road Asset Management, LLC 0.20% 203,677 $17.8M
18 Ironwood Investment Management LLC 0.19% 6,221 $545K
19 Peregrine Capital Management LLC 0.18% 63,541 $5.6M
20 Advisory Research Inc 0.17% 19,779 $1.7M
21 Royce & Associates LP 0.17% 241,000 $21.1M
22 Silvercrest Asset Management Group LLC 0.16% 273,497 $23.9M
23 Van Lanschot Kempen Investment Management N.V. 0.15% 226,724 $19.8M
24 SFE Investment Counsel 0.14% 12,175 $1.1M
25 Crawford Investment Counsel Inc 0.13% 87,358 $7.6M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Tennant Co (TNC)

What does the Smart Money Trend signal show for TNC?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added TNC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for TNC?

Slight buying edge — 50% buying: Last quarter: 113 funds bought or added vs 114 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for TNC holders?

Elite ownership — 53% AUM from top-100 funds: 47 of 239 holders are among the 100 largest funds by AUM, controlling 53% of total institutional value in TNC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TNC?

61% of holders stayed for 2+ years: 147 out of 240 hedge funds have held TNC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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