Tsakos Energy Navigation Ltd
55 hedge funds and large institutions have $72.3M invested in Tsakos Energy Navigation Ltd in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
16% more capital invested
Capital invested by funds: $62.6M → $72.3M (+$9.71M)
8% more funds holding
Funds holding: 51 → 55 (+4)
0.23% more ownership
Funds ownership: 4.65% → 4.88% (+0.23%)
41% less call options, than puts
Call options by funds: $367K | Put options by funds: $626K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.14M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.35M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$984K |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$750K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$639K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$1.61M |
| 2 |
Neuberger Berman Group
New York
|
-$1.4M |
| 3 |
DC
Deere & Company
Moline,
Illinois
|
-$599K |
| 4 |
Renaissance Technologies
New York
|
-$461K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$405K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $4K | -$17.4K | -699 | -83% |
|
|
MA
52
MUFG Americas
New York
| $2K | +$1.49K | +60 | New |
|
|
BFA
53
BlackRock Fund Advisors
San Francisco,
California
| $1K | -$447 | -18 | -29% |
|
|
HHC
54
Hutchin Hill Capital
New York
| – | -$186K | -7,817 | Closed |
|
|
RCM
55
Rotella Capital Management
Bellevue,
Washington
| – | -$177K | -7,407 | Closed |
|
56
US Bancorp
Minneapolis,
Minnesota
| – | -$100K | -4,200 | Closed |
|
|
ACI
57
AMP Capital Investors
Sydney,
Australia
| – | -$92K | -3,980 | Closed |
|
58
HighTower Advisors
Chicago,
Illinois
| – | -$90K | -3,778 | Closed |
|
59
Two Sigma Investments
New York
| – | -$54K | -2,277 | Closed |
|
60
Arrowstreet Capital
Boston,
Massachusetts
| – | -$22K | -918 | Closed |
|
61
Barclays
London,
United Kingdom
| – | -$18.7K | -753 | Closed |
|
62
Citigroup
New York
| – | -$10K | -400 | Closed |
|
63
AllianceBernstein
Nashville,
Tennessee
| – | +$223 | +9 | New |
|
TEN Hedge Fund Activity: Q3 2013 in Review
55 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q3 2013, worth a combined $72.3M — up 16% from $62.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TEN positions and 9 closed out — a net gain of 4 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $3.14M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $1.61M.
- 55 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q3 2013, up from 51 in Q2 2013.
- Funds reported $72.3M of Tsakos Energy Navigation Ltd stock for Q3 2013, up 16% quarter-over-quarter.
- 13 funds opened new Tsakos Energy Navigation Ltd positions in Q3 2013 and 9 closed out, a net change of +4 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q3 2013 was Acadian Asset Management, an estimated $3.14M added.
- The largest Tsakos Energy Navigation Ltd seller in Q3 2013 was DePrince Race & Zollo Inc (DRZ), an estimated $1.61M sold.
Based on aggregated 13F filings for Q3 2013.