Tenneco Inc. Class A Voting Common Stock
TEN was delisted on the 16th of November, 2022.
145 hedge funds and large institutions have $315M invested in Tenneco Inc. Class A Voting Common Stock in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 53 increasing their positions, 36 reducing their positions, and 45 closing their positions.
112% more capital invested
Capital invested by funds: $148M → $315M (+$167M)
47% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 36
16% more call options, than puts
Call options by funds: $5.63M | Put options by funds: $4.86M
14% less funds holding
Funds holding: 168 → 145 (-23)
49% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 45
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Icahn Carl
Sunny Isles Beach,
Florida
|
+$20.3M |
| 2 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
+$6.41M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.75M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.31M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
Lyrical Asset Management
New York
|
-$9.34M |
| 2 |
Goldman Sachs
New York
|
-$2.8M |
| 3 |
AFA
Alta Fundamental Advisers
New York
|
-$2.64M |
| 4 |
Millennium Management
New York
|
-$2.45M |
| 5 |
BlackRock
New York
|
-$2.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
176
Sasco Capital
Fairfield,
Connecticut
| – | -$3K | -828 | Closed |
|
|
MAM
177
Meeder Asset Management
Dublin,
Ohio
| – | -$1K | -385 | Closed |
|
|
FGAM
178
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$81 | -22 | Closed |
|
179
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$52 | +9 | New |
|
|
HFS
180
Hantz Financial Services
Southfield,
Michigan
| – | +$175 | +30 | New |
|
|
GT
181
Glenmede Trust
Philadelphia,
Pennsylvania
| – | +$554 | +95 | +792% |
|
TEN Hedge Fund Activity: Q2 2020 in Review
145 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Tenneco Inc. Class A Voting Common Stock (TEN) for Q2 2020, worth a combined $315M — up 112% from $148M a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of TEN and 23 opened new positions — a net loss of 22 holders — while 36 trimmed existing stakes and 53 added.
The largest buyer was Icahn Carl, adding an estimated $20.3M. The largest seller was Lyrical Asset Management, exiting entirely with an estimated $9.34M sold.
- 145 institutional investors held Tenneco Inc. Class A Voting Common Stock (TEN) as of Q2 2020, down from 168 in Q1 2020.
- Funds reported $315M of Tenneco Inc. Class A Voting Common Stock stock for Q2 2020, up 112% quarter-over-quarter.
- 23 funds opened new Tenneco Inc. Class A Voting Common Stock positions in Q2 2020 and 45 closed out, a net change of -22 holders.
- The largest Tenneco Inc. Class A Voting Common Stock buyer in Q2 2020 was Icahn Carl, an estimated $20.3M added.
- The largest Tenneco Inc. Class A Voting Common Stock seller in Q2 2020 was Lyrical Asset Management, an estimated $9.34M sold.
Based on aggregated 13F filings for Q2 2020.