Tsakos Energy Navigation Ltd
78 hedge funds and large institutions have $109M invested in Tsakos Energy Navigation Ltd in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 29 reducing their positions, and 15 closing their positions.
6% more capital invested
Capital invested by funds: $103M → $109M (+$6.13M)
0.23% more ownership
Funds ownership: 5.21% → 5.44% (+0.23%)
8% less funds holding
Funds holding: 85 → 78 (-7)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
24% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 29
61% less call options, than puts
Call options by funds: $321K | Put options by funds: $824K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.63M |
| 2 |
OWIM
Old West Investment Management
Los Angeles,
California
|
+$2.3M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.69M |
| 4 |
Morgan Stanley
New York
|
+$1.17M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KFA
Kelleher Financial Advisors
New York
|
-$1.11M |
| 2 |
Two Sigma Investments
New York
|
-$1.02M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$642K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$625K |
| 5 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$609K |
TEN Hedge Fund Activity: Q1 2017 in Review
78 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q1 2017, worth a combined $109M — up 6% from $103M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TEN and 12 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 22 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $3.63M. The largest seller was Kelleher Financial Advisors, exiting entirely with an estimated $1.11M sold.
- 78 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q1 2017, down from 85 in Q4 2016.
- Funds reported $109M of Tsakos Energy Navigation Ltd stock for Q1 2017, up 6% quarter-over-quarter.
- 12 funds opened new Tsakos Energy Navigation Ltd positions in Q1 2017 and 15 closed out, a net change of -3 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q1 2017 was Arrowstreet Capital, an estimated $3.63M added.
- The largest Tsakos Energy Navigation Ltd seller in Q1 2017 was Kelleher Financial Advisors, an estimated $1.11M sold.
Based on aggregated 13F filings for Q1 2017.