13FPulse
中
TN

TNC TENNANT CO

2026Q2 · CUSIP 880345103 · Sector: Industrials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
235
Institutions that reported holding it to the SEC
Net increase in holders
+19
Last quarter 216 → now 235
How unusual is that
Top 20%
Stronger buying than 82% of US stocks
What the filings say, in one paragraph

235 funds held TNC at the end of 2026Q2, up 19 from the quarter before. That is stronger buying than 82.3% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $1.2B(YoY -2.9%), the P/E is 67.5x, return on equity is 3.4%. TNC has had 7 buying rushes in its history, and the price moved +8.6% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Industrials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=131 2013Q4: holders=142 2014Q1: holders=131 2014Q2: holders=137 2014Q3: holders=151 2014Q4: holders=143 2015Q1: holders=145 2015Q2: holders=146 2015Q3: holders=144 2015Q4: holders=146 2016Q1: holders=141 2016Q2: holders=140 2016Q3: holders=141 2016Q4: holders=154 2017Q1: holders=145 2017Q2: holders=144 2017Q3: holders=139 2017Q4: holders=149 2018Q1: holders=138 2018Q2: holders=146 2018Q3: holders=154 2018Q4: holders=145 2019Q1: holders=151 2019Q2: holders=141 2019Q3: holders=154 2019Q4: holders=164 2020Q1: holders=161 2020Q2: holders=164 2020Q3: holders=165 2020Q4: holders=170 2021Q1: holders=172 2021Q2: holders=192 2021Q3: holders=180 2021Q4: holders=172 2022Q1: holders=168 2022Q2: holders=147 2022Q3: holders=152 2022Q4: holders=155 2023Q1: holders=173 2023Q2: holders=186 2023Q3: holders=215 2023Q4: holders=238 2024Q1: holders=250 2024Q2: holders=251 2024Q3: holders=256 2024Q4: holders=260 2025Q1: holders=249 2025Q2: holders=250 2025Q3: holders=261 2025Q4: holders=252 2026Q1: holders=216 2026Q2: holders=235 -36 -18 +0 +18 +36 117196275 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 7 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20% — —
2023Q3 Top 5% +2.7% +18.5%
2023Q2 Top 20% -9.1% +3.4%
2023Q1 Top 10% +4.7% +3.5%
2021Q2 Top 20% +6.0% +17.0%
2019Q3 Top 20% +7.6% +12.7%
2014Q3 Top 10% -0.2% -3.2%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
121
Change in large funds
+12
Total value they hold
$1.5B
Funds buying for the first time
46
Funds that sold out entirely
27
Price change that quarter
-13.5%
Funds holding puts (bearish)
1
Funds holding calls (bullish)
3

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
67.5
EPS (TTM)
$1.04
EPS YoY
-67.6%
Revenue (TTM)
$1.2B
Revenue YoY
-2.9%
Net margin
1.5%
ROE
3.4%
Debt ratio
57.9%
FCF (TTM)
-$3M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2021-09-30: EPS 1.14 2021-12-31: EPS 0.42 2022-03-31: EPS 0.55 2022-06-30: EPS 0.89 2022-09-30: EPS 0.83 2022-12-31: EPS 1.28 2023-03-31: EPS 1.30 2023-06-30: EPS 1.68 2023-09-30: EPS 1.21 2023-12-31: EPS 1.64 2024-03-31: EPS 1.49 2024-06-30: EPS 1.45 2024-09-30: EPS 1.09 2024-12-31: EPS 0.35 2025-03-31: EPS 0.69 2025-06-30: EPS 1.08 2025-09-30: EPS 0.80 2025-12-31: EPS -0.21 2026-03-31: EPS 0.01 2026-06-30: EPS 0.44 0M 166M 331M $M -0.23 0.81 1.85 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 20 13 41 69 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-34M11M56M 20162017201820192020202120222023202420252026
Latest quarter $-34M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.