Carrhae Capital’s Tenaris TS Stock Holding History

Carrhae Capital’s Portfolio TS Stock Details TS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$15.4M	Sell	278,311 -59,117	-18%	-$3.59M	0.43%	26
2026 Q1	$19.6M	Buy	+337,428	New	+$16.6M	0.59%	23
2025 Q1	–	Sell	-437,806	Closed	-$16.5M	–	33
2024 Q4	$16.5M	Buy	+437,806	New	+$15.5M	1.38%	19
2024 Q1	–	Sell	-678,747	Closed	-$23.6M	–	28
2023 Q4	$23.6M	Buy	+678,747	New	+$22.8M	4.66%	8
2022 Q3	–	Sell	-58,524	Closed	-$1.5M	–	23
2022 Q2	$1.5M	Sell	58,524 -8,471	-13%	-$261K	1.27%	15
2022 Q1	$2.01M	Buy	+66,995	New	+$1.74M	0.73%	15

Other funds holding TS

CAMG

CWA Asset Management Group Naples, Florida $3.28B AUM 34.07% 1-Year Est. Return

YIH

Y-Intercept (HK) Hong Kong $5.05B AUM 17.89% 1-Year Est. Return

VFM

Viking Fund Management Minot, North Dakota $1.12B AUM 44.65% 1-Year Est. Return

HWAM

Hennion & Walsh Asset Management Parsippany, New Jersey $3.5B AUM 41.95% 1-Year Est. Return

VIP

Viewpoint Investment Partners Calgary, Alberta, Canada $290M AUM 16.37% 1-Year Est. Return

HAI

Hennessy Advisors Inc Novato, California $3.13B AUM 77.26% 1-Year Est. Return

CGH

Crossmark Global Holdings Houston, Texas $7.71B AUM 37.66% 1-Year Est. Return

QCM

QRG Capital Management Chicago, Illinois $12.1B AUM 44.98% 1-Year Est. Return

SFA

Sequoia Financial Advisors Akron, Ohio $20.1B AUM 24.77% 1-Year Est. Return

Wealth Enhancement Advisory Services Plymouth, Minnesota $59.8B AUM 29.42% 1-Year Est. Return

Carrhae Capital's TS Position: Q2 2026 in Review

Carrhae Capital reduced its Tenaris (TS) stake by 18% in Q2 2026, selling an estimated $3.59M and leaving 278,311 shares worth $15.4M. The position accounts for 0.43% of the portfolio, ranked #26.

Carrhae Capital first reported a position in TS in Q1 2022 and has held it in 6 quarters since. The position peaked at $23.6M in Q4 2023. 27 funds tracked by Wall St. Rank hold TS as of Q2 2026.

Carrhae Capital held 278,311 shares of Tenaris worth $15.4M as of Q2 2026.
Carrhae Capital sold 59,117 Tenaris shares in Q2 2026, an estimated $3.59M.
Tenaris made up 0.43% of Carrhae Capital's portfolio in Q2 2026, its #26 holding.
Carrhae Capital first reported a position in Tenaris in Q1 2022 and has held it in 6 quarters since.
Carrhae Capital's Tenaris position peaked at $23.6M in Q4 2023.
27 funds tracked by Wall St. Rank held Tenaris as of Q2 2026.

Based on Carrhae Capital's 13F filing for Q2 2026, filed 15 Jul 2026.