Delphi Management’s Tenaris TS Stock Holding History

Delphi Management’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
2013 Q4	–	Sell	-192,819	Closed	-$9.02M	–	126
2013 Q3	$9.02M	Sell	192,819 -7,675	-4%	-$348K	1.02%	62
2013 Q2	$8.07M	Buy	+200,494	New	+$8.38M	0.96%	63

Other funds holding TS

AAM

Aberdeen Asset Management Aberdeen, United Kingdom $30B AUM 22.46% 1-Year Est. Return

OppenheimerFunds New York $80.4B AUM 15.1% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

WHV Investments San Francisco, California $187M AUM 14.29% 1-Year Est. Return

WGI

Westwood Global Investments Boston, Massachusetts $2.68B AUM 76.4% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

AII

AGF Investments Inc Toronto, Ontario, Canada $10.6B AUM 4.37% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Delphi Management's TS Position: Q4 2013 in Review

Delphi Management sold out of Tenaris (TS) in Q4 2013, closing a stake of 192,819 shares — an estimated $9.02M sold.

Delphi Management first reported a position in TS in Q2 2013 and held it in 2 quarters. The position peaked at $9.02M in Q3 2013. 166 funds tracked by Wall St. Rank hold TS as of Q4 2013.

Delphi Management reported no remaining Tenaris position as of Q4 2013 after selling out during the quarter.
Delphi Management sold 192,819 Tenaris shares in Q4 2013, an estimated $9.02M.
Delphi Management first reported a position in Tenaris in Q2 2013 and held it in 2 quarters.
Delphi Management's Tenaris position peaked at $9.02M in Q3 2013.
166 funds tracked by Wall St. Rank held Tenaris as of Q4 2013.

Based on Delphi Management's 13F filing for Q4 2013, filed 8 Jan 2014.