Tsakos Energy Navigation Ltd
54 hedge funds and large institutions have $57.7M invested in Tsakos Energy Navigation Ltd in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
116% more capital invested
Capital invested by funds: $26.7M → $57.7M (+$31M)
20.64% more ownership
Funds ownership: 17.64% → 38.28% (+21%)
10% more funds holding
Funds holding: 49 → 54 (+5)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
76% less call options, than puts
Call options by funds: $171K | Put options by funds: $712K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Kapitalo Investimentos
Sao Paulo,
Brazil
|
+$26.6M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.84M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$896K |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$575K |
| 5 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$548K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$646K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$272K |
| 3 |
EGA
Evermore Global Advisors
Summit,
New Jersey
|
-$266K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$213K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$209K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFGT
51
TS Financial Group (TSFG)
Lake Forest,
Illinois
| $1K | – | – | – |
|
|
EGA
52
Evermore Global Advisors
Summit,
New Jersey
| – | -$266K | -33,525 | Closed |
|
|
AIM
53
Aigen Investment Management
New York
| – | -$16K | -2,002 | Closed |
|
54
New York State Common Retirement Fund
Albany,
New York
| – | -$12K | -1,466 | Closed |
|
|
RE
55
RBC Europe
London,
United Kingdom
| – | -$11.1K | -1,400 | Closed |
|
56
JP Morgan Chase
New York
| – | +$8 | +1 | New |
|
57
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | +$109 | +13 | New |
|
TEN Hedge Fund Activity: Q4 2020 in Review
54 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q4 2020, worth a combined $57.7M — up 116% from $26.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TEN positions and 4 closed out — a net gain of 5 holders — while 14 added to existing stakes and 16 trimmed.
The largest buyer was Kapitalo Investimentos, opening a new position worth an estimated $26.6M. The largest seller was Renaissance Technologies, cutting an estimated $646K.
- 54 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q4 2020, up from 49 in Q3 2020.
- Funds reported $57.7M of Tsakos Energy Navigation Ltd stock for Q4 2020, up 116% quarter-over-quarter.
- 9 funds opened new Tsakos Energy Navigation Ltd positions in Q4 2020 and 4 closed out, a net change of +5 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q4 2020 was Kapitalo Investimentos, an estimated $26.6M added.
- The largest Tsakos Energy Navigation Ltd seller in Q4 2020 was Renaissance Technologies, an estimated $646K sold.
Based on aggregated 13F filings for Q4 2020.