Discovery Capital Management’s Tenaris TS Stock Holding History

Discovery Capital 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
2018 Q2	–	Sell	-912,800	Closed	-$31.6M	–	62
2018 Q1	$31.6M	Buy	+912,800	New	+$31.4M	1.11%	29
2017 Q2	–	Sell	-1,239,788	Closed	-$42.3M	–	83
2017 Q1	$42.3M	Hold	1,239,788	–	–	0.79%	47
2016 Q4	$44.3M	Buy	+1,239,788	New	+$38.8M	0.75%	51

Other funds holding TS

Harding Loevner Bridgewater, New Jersey $9.72B AUM 22.38% 1-Year Est. Return

WGI

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

ECU

Egerton Capital (UK) London, United Kingdom $9.01B AUM 30.26% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Viking Global Investors Stamford, Connecticut $35.7B AUM 21.3% 1-Year Est. Return

VanEck Associates New York $133B AUM 72.99% 1-Year Est. Return

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

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

Discovery Capital Management's TS Position: Q2 2018 in Review

Discovery Capital Management sold out of Tenaris (TS) in Q2 2018, closing a stake of 912,800 shares — an estimated $31.6M sold.

Discovery Capital Management first reported a position in TS in Q4 2016 and held it in 3 quarters. The position peaked at $44.3M in Q4 2016. 199 funds tracked by Wall St. Rank hold TS as of Q2 2018.

Discovery Capital Management reported no remaining Tenaris position as of Q2 2018 after selling out during the quarter.
Discovery Capital Management sold 912,800 Tenaris shares in Q2 2018, an estimated $31.6M.
Discovery Capital Management first reported a position in Tenaris in Q4 2016 and held it in 3 quarters.
Discovery Capital Management's Tenaris position peaked at $44.3M in Q4 2016.
199 funds tracked by Wall St. Rank held Tenaris as of Q2 2018.

Based on Discovery Capital Management's 13F filing for Q2 2018, filed 14 Aug 2018.