Nordic American Tankers Limited
US ˙ NYSE ˙ BMG657731060

SecurityNAT / Nordic American Tankers Limited
InstitutionTwo Sigma Advisers, Lp
Latest Disclosed Ownership254,200 shares
Latest Disclosed Value $ 874,448
Two Sigma Advisers, Lp reports 85.18% decrease in ownership of NAT / Nordic American Tankers Limited

On February 17, 2026 - Two Sigma Advisers, Lp filed a 13F-HR form disclosing ownership of 254,200 shares of Nordic American Tankers Limited (US:NAT) valued at $874,448 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 14, 2025 disclosing 1,715,100 shares of Nordic American Tankers Limited. This represents a change in shares of -85.18% during the quarter. The current value of the position is $1,370,138 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-02-17 2025-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 254,200 -1,460,900 -85.18 874 -83.77 0.0017
2025-11-14 2025-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 1,715,100 -1,291,300 -42.95 5,385 -31.89 0.0108
2025-08-14 2025-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 3,006,400 -655,800 -17.91 7,907 -12.24 0.0162
2025-05-15 2025-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 3,662,200 -125,200 -3.31 9,009 -4.85 0.0203
2025-02-14 2024-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 3,787,400 13,300 0.35 9,468 -31.64 0.0219
2024-11-14 2024-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 3,774,100 1,521,900 67.57 13,851 54.52 0.0324
2024-08-14 2024-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 2,252,200 65,700 3.00 8,964 4.57 0.0200
2024-05-15 2024-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 2,186,500 -1,157,200 -34.61 8,571 -38.97 0.0199
2024-02-14 2023-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 3,343,700 451,200 15.60 14,044 17.84 0.0329
2023-11-14 2023-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 2,892,500 -621,400 -17.68 11,917 -7.59 0.0305
2023-08-14 2023-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 3,513,900 -296,900 -7.79 12,896 -14.54 0.0328
2023-05-15 2023-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 3,810,800 1,550,900 68.63 15,091 118.22 0.0389
2023-02-14 2022-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 2,259,900 389,900 20.85 6,915 38.49 0.0193
2022-11-14 2022-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 1,870,000 1,870,000 4,993 0.0145
2022-05-16 2022-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 0 -22,300 -100.00 0 -100.00
2022-02-14 2021-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 22,300 22,300 38 0.0001
2020-09-15 2020-06-30 13F/A-1 NORDIC AMERICAN TANKERS LIMI COM G65773106 0 -448,735 -100.00 0 -100.00
2020-08-14 2020-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 0 0
2020-05-15 2020-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 448,735 222,735 98.56 2,033 82.82 0.0078
2020-02-14 2019-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 226,000 226,000 1,112 0.0026
2019-11-14 2019-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 0 -62,000 -100.00 0 -100.00
2019-08-14 2019-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 62,000 45,900 285.09 145 339.39 0.0004
2019-05-15 2019-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 16,100 400 2.55 33 6.45 0.0001
2019-02-14 2018-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 15,700 15,700 31 0.0001
2018-11-14 2018-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 0 -19,400 -100.00 0 -100.00
2018-08-14 2018-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 19,400 19,400 52 0.0001
2017-05-15 2017-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 0 -19,400 -100.00 0 -100.00
2017-02-14 2016-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 19,400 -6,300 -24.51 163 -37.31 0.0006
2016-11-14 2016-09-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 25,700 7,800 43.58 260 4.42 0.0011
2016-08-15 2016-06-30 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 17,900 -400 -2.19 249 -3.49 0.0013
2016-05-16 2016-03-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 18,300 6,500 55.08 258 40.98 0.0014
2016-02-16 2015-12-31 13F NORDIC AMERICAN TANKERS LIMI COM G65773106 11,800 11,800 183 0.0011
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.