TVR Capital Management’s Tenaris TS Stock Holding History

TVR 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 Q4	–	Sell	-137,199	Closed	-$4.6M	–	18
2018 Q3	$4.6M	Sell	137,199 -20,871	-13%	-$724K	8.91%	4
2018 Q2	$5.75M	Sell	158,070 -99,462	-39%	-$3.68M	11.06%	1
2018 Q1	$8.93M	Sell	257,532 -199,869	-44%	-$6.87M	10.59%	2
2017 Q4	$14.6M	Sell	457,401 -100,199	-18%	-$2.9M	12.86%	2
2017 Q3	$15.8M	Buy	+557,600	New	+$16.3M	5.76%	6
2017 Q2	–	Sell	-256,334	Closed	-$8.75M	–	55
2017 Q1	$8.75M	Buy	+256,334	New	+$8.72M	8.13%	2

Other funds holding TS

Harding Loevner Bridgewater, New Jersey $10.6B AUM 19.39% 1-Year Est. Return

Aberdeen Group Edinburgh, United Kingdom $71.2B AUM 41.74% 1-Year Est. Return

WGI

Westwood Global Investments Boston, Massachusetts $2.85B AUM 55.09% 1-Year Est. Return

ECU

Egerton Capital (UK) London, United Kingdom $10.4B AUM 25.66% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Millennium Management New York $276B AUM 44.8% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

KGH Ltd Nassau, Bahamas $1.92B AUM 13.96% 1-Year Est. Return

TVR Capital Management's TS Position: Q4 2018 in Review

TVR Capital Management sold out of Tenaris (TS) in Q4 2018, closing a stake of 137,199 shares — an estimated $4.6M sold.

TVR Capital Management first reported a position in TS in Q1 2017 and held it in 6 quarters. The position peaked at $15.8M in Q3 2017. 171 funds tracked by Wall St. Rank hold TS as of Q4 2018.

TVR Capital Management reported no remaining Tenaris position as of Q4 2018 after selling out during the quarter.
TVR Capital Management sold 137,199 Tenaris shares in Q4 2018, an estimated $4.6M.
TVR Capital Management first reported a position in Tenaris in Q1 2017 and held it in 6 quarters.
TVR Capital Management's Tenaris position peaked at $15.8M in Q3 2017.
171 funds tracked by Wall St. Rank held Tenaris as of Q4 2018.

Based on TVR Capital Management's 13F filing for Q4 2018, filed 14 Feb 2019.