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TEN

Tsakos Energy Navigation Ltd
TEN

73 hedge funds and large institutions have $256M invested in Tsakos Energy Navigation Ltd in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 33 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more capital invested

Capital invested by funds: $253M → $256M (+$3.76M)

0.4% more ownership

Funds ownership: 9.09% → 9.49% (+0.4%)

1% less call options, than puts

Call options by funds: $247K | Put options by funds: $249K

12% less funds holding

Funds holding: 83 → 73 (-10)

21% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 33

59% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 17

Holders
73
Holders Change
-10
Holders Change %
-12.05%
% of All Funds
2.12%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.06%
New
7
Increased
26
Reduced
33
Closed
17
Calls
$247K
Puts
$249K
Net Calls
-$2K
Net Calls Change
+$119K

Top Buyers

1
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$7.52M
2
PRCM
Pine River Capital Management
Minnesota
+$6.29M
3
SFM
Systematic Financial Management
New Jersey
+$6.04M
4
Balyasny Asset Management
Balyasny Asset Management
Illinois
+$5.18M
5
California Public Employees Retirement System
California Public Employees Retirement System
California
+$4.7M

Top Sellers

1
Goldman Sachs
Goldman Sachs
New York
-$4.72M
2
Two Sigma Investments
Two Sigma Investments
New York
-$2.71M
3
BIM
Bogle Investment Management
Massachusetts
-$2.16M
4
Millennium Management
Millennium Management
New York
-$1.65M
5
PP
PDT Partners
New York
-$1.47M
Name Holding Trade Value Shares
Change 		Change in
Stake
Neuberger Berman Group
26
Neuberger Berman Group
New York
$1.22M -$552K -15,710 -29%
Millennium Management
27
Millennium Management
New York
$1.07M -$1.65M -47,081 -58%
Two Sigma Advisers
28
Two Sigma Advisers
New York
$1.04M -$879K -25,000 -43%
Invesco
29
Invesco
Georgia
$1.03M -$10.8K -307 -0.9%
HCM
30
Highbridge Capital Management
New York
$1.02M -$107K -3,037 -9%
Stifel Financial
31
Stifel Financial
Missouri
$990K +$243K +6,915 +29%
MCM
32
Moore Capital Management
New York
$925K +$525K +14,947 +106%
GCP
33
GSA Capital Partners
United Kingdom
$907K +$120K +3,419 +14%
State Street
34
State Street
Massachusetts
$845K +$625K +17,776 +205%
BIT
35
BlackRock Institutional Trust
California
$789K +$628K +17,877 +261%
WA
36
WealthTrust Axiom
Pennsylvania
$752K +$235K +6,683 +40%
EIM
37
Essex Investment Management
Massachusetts
$624K -$44.3K -1,260 -6%
Royal Bank of Canada
38
Royal Bank of Canada
Ontario, Canada
$581K -$149K -4,225 -19%
Deutsche Bank
39
Deutsche Bank
Germany
$534K +$586K +16,657 +16,172%
JIR
40
James Investment Research
Ohio
$528K +$581K +16,542 New
Comerica Bank
41
Comerica Bank
Texas
$473K -$36.6K -1,042 -7%
NCCM
42
Nine Chapters Capital Management
New Jersey
$449K -$83.7K -2,380 -14%
Nomura Holdings
43
Nomura Holdings
Japan
$440K -$82.1K -2,335 -14%
Bank of America
44
Bank of America
North Carolina
$432K -$105K -3,000 -18%
Wells Fargo
45
Wells Fargo
California
$398K -$466K -13,269 -52%
TC
46
TFS Capital
Pennsylvania
$395K -$238K -6,761 -35%
LPL Financial
47
LPL Financial
California
$390K +$10.4K +296 +2%
State of Wisconsin Investment Board
48
State of Wisconsin Investment Board
Wisconsin
$366K +$403K +11,476 New
OAM
49
Oxford Asset Management
United Kingdom
$345K -$926K -26,340 -71%
VKH
50
Virtu KCG Holdings
New York
$340K +$212K +6,025 +130%
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TEN Hedge Fund Activity: Q3 2014 in Review

73 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q3 2014, worth a combined $256M — up 1.5% from $253M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of TEN and 7 opened new positions — a net loss of 10 holders — while 33 trimmed existing stakes and 26 added.

The largest buyer was Acadian Asset Management, adding an estimated $7.52M. The largest seller was Goldman Sachs, cutting an estimated $4.72M.

  • 73 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q3 2014, down from 83 in Q2 2014.
  • Funds reported $256M of Tsakos Energy Navigation Ltd stock for Q3 2014, up 1.5% quarter-over-quarter.
  • 7 funds opened new Tsakos Energy Navigation Ltd positions in Q3 2014 and 17 closed out, a net change of -10 holders.
  • The largest Tsakos Energy Navigation Ltd buyer in Q3 2014 was Acadian Asset Management, an estimated $7.52M added.
  • The largest Tsakos Energy Navigation Ltd seller in Q3 2014 was Goldman Sachs, an estimated $4.72M sold.

Based on aggregated 13F filings for Q3 2014.