5 Best Oil Tanker Stocks To Buy Now

2. DHT Holdings (NYSE:DHT)

No of HFs: 18

Total Value of HF Holdings: $88.0 Million

DHT Holdings is headquartered in Hamilton, Bermuda. In the first quarter of 2020, the company reported a total fleet operation of 27 VLCC with an 8,360,850 deadweight tons capacity. DHT offers a dividend yield of 3.50%. During the fourth quarter of 2020, the company reported a $266.3 million net income which marked the company’s highest result. The company recently bought two VLCC vessels from Daewoo. They are scheduled to arrive in 1H of 2021.

According to our database, the number of DHT Holdings’s long hedge fund positions decreased at the end of the fourth quarter of 2020. There were 18 hedge funds that held positions in DHT Holdings by the end of December, as compared to 24 funds in the third quarter. The biggest stakeholder of the company is Jim Simon’s Renaissance Technologies, which had 6.0 million shares, worth $31 million invested at the end of December.