Tsakos Energy Navigation Ltd
68 hedge funds and large institutions have $75.5M invested in Tsakos Energy Navigation Ltd in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 10 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 18
0.06% less ownership
Funds ownership: 5.46% → 5.39% (-0.06%)
6% less funds holding
Funds holding: 72 → 68 (-4)
17% less capital invested
Capital invested by funds: $90.7M → $75.5M (-$15.2M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
88% less call options, than puts
Call options by funds: $18K | Put options by funds: $155K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$3.16M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$1.27M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$666K |
| 4 |
GXMC
Global X Management Company
New York
|
+$613K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$488K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$3.17M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$1.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.16M |
| 4 |
Renaissance Technologies
New York
|
-$645K |
| 5 |
Millennium Management
New York
|
-$466K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
76
Advisory Services Network
Atlanta,
Georgia
| – | -$2K | -113 | Closed |
|
77
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -65 | Closed |
|
TEN Hedge Fund Activity: Q1 2018 in Review
68 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q1 2018, worth a combined $75.5M — down 17% from $90.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TEN and 7 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 24 added.
The largest buyer was Kopernik Global Investors, adding an estimated $3.16M. The largest seller was LSV Asset Management, cutting an estimated $3.17M.
- 68 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q1 2018, down from 72 in Q4 2017.
- Funds reported $75.5M of Tsakos Energy Navigation Ltd stock for Q1 2018, down 17% quarter-over-quarter.
- 7 funds opened new Tsakos Energy Navigation Ltd positions in Q1 2018 and 10 closed out, a net change of -3 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q1 2018 was Kopernik Global Investors, an estimated $3.16M added.
- The largest Tsakos Energy Navigation Ltd seller in Q1 2018 was LSV Asset Management, an estimated $3.17M sold.
Based on aggregated 13F filings for Q1 2018.