Tsakos Energy Navigation Ltd
68 hedge funds and large institutions have $64.1M invested in Tsakos Energy Navigation Ltd in 2019 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
5% more funds holding
Funds holding: 65 → 68 (+3)
0.38% more ownership
Funds ownership: 4.48% → 4.85% (+0.38%)
1% less capital invested
Capital invested by funds: $64.5M → $64.1M (-$390K)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
+$3.59M |
| 2 |
Renaissance Technologies
New York
|
+$856K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$844K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$841K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$626K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$1.04M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$505K |
| 3 |
JP Morgan Chase
New York
|
-$364K |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
-$214K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$161K |
TEN Hedge Fund Activity: Q3 2019 in Review
68 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q3 2019, worth a combined $64.1M — down 0.6% from $64.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TEN positions and 8 closed out — a net gain of 3 holders — while 21 added to existing stakes and 19 trimmed.
The largest buyer was Evermore Global Advisors, opening a new position worth an estimated $3.59M. The largest seller was Kopernik Global Investors, cutting an estimated $1.04M.
- 68 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q3 2019, up from 65 in Q2 2019.
- Funds reported $64.1M of Tsakos Energy Navigation Ltd stock for Q3 2019, down 0.6% quarter-over-quarter.
- 11 funds opened new Tsakos Energy Navigation Ltd positions in Q3 2019 and 8 closed out, a net change of +3 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q3 2019 was Evermore Global Advisors, an estimated $3.59M added.
- The largest Tsakos Energy Navigation Ltd seller in Q3 2019 was Kopernik Global Investors, an estimated $1.04M sold.
Based on aggregated 13F filings for Q3 2019.