Tsakos Energy Navigation Ltd
75 hedge funds and large institutions have $102M invested in Tsakos Energy Navigation Ltd in 2017 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 29 increasing their positions, 23 reducing their positions, and 13 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 23
4% more call options, than puts
Call options by funds: $859K | Put options by funds: $824K
0.42% less ownership
Funds ownership: 5.44% → 5.02% (-0.42%)
4% less funds holding
Funds holding: 78 → 75 (-3)
7% less capital invested
Capital invested by funds: $109M → $102M (-$7.43M)
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| 1 |
Northern Trust
Chicago,
Illinois
|
+$3.32M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$3.08M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$2.34M |
| 4 |
GXMC
Global X Management Company
New York
|
+$1.14M |
| 5 |
AC
AFAM Capital
Austin,
Texas
|
+$1.01M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCM
76
Kennedy Capital Management
St Louis,
Missouri
| – | -$1.9M | -79,303 | Closed |
|
|
NGA
77
New Generation Advisors
Manchester,
Massachusetts
| – | -$1.68M | -70,257 | Closed |
|
78
Cerity Partners
New York
| – | -$484K | -20,200 | Closed |
|
|
EIM
79
Essex Investment Management
Boston,
Massachusetts
| – | -$474K | -19,805 | Closed |
|
80
Goldman Sachs
New York
| – | -$321K | -13,420 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$143K | -6,275 | Closed |
|
|
PAM
82
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$80K | -3,344 | Closed |
|
83
D.E. Shaw & Co
New York
| – | -$79K | -3,307 | Closed |
|
|
TCM
84
Teza Capital Management
Chicago,
Illinois
| – | -$58K | -2,441 | Closed |
|
|
GWS
85
Glassman Wealth Services
Vienna,
Virginia
| – | -$7K | -275 | Closed |
|
|
TWA
86
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -100 | Closed |
|
87
SEI Investments
Oaks,
Pennsylvania
| – | +$114 | +5 | New |
|
TEN Hedge Fund Activity: Q2 2017 in Review
75 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q2 2017, worth a combined $102M — down 6.8% from $109M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TEN and 10 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 29 added.
The largest buyer was Northern Trust, adding an estimated $3.32M. The largest seller was Credit Suisse, exiting entirely with an estimated $4.79M sold.
- 75 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q2 2017, down from 78 in Q1 2017.
- Funds reported $102M of Tsakos Energy Navigation Ltd stock for Q2 2017, down 6.8% quarter-over-quarter.
- 10 funds opened new Tsakos Energy Navigation Ltd positions in Q2 2017 and 13 closed out, a net change of -3 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q2 2017 was Northern Trust, an estimated $3.32M added.
- The largest Tsakos Energy Navigation Ltd seller in Q2 2017 was Credit Suisse, an estimated $4.79M sold.
Based on aggregated 13F filings for Q2 2017.