Tsakos Energy Navigation Ltd
89 hedge funds and large institutions have $79.7M invested in Tsakos Energy Navigation Ltd in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 12 closing their positions.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
0.94% less ownership
Funds ownership: 6.39% → 5.45% (-0.94%)
4% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 28
1% less funds holding
Funds holding: 90 → 89 (-1)
25% less call options, than puts
Call options by funds: $589K | Put options by funds: $782K
36% less capital invested
Capital invested by funds: $125M → $79.7M (-$45.1M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.67M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$978K |
| 3 |
JP Morgan Chase
New York
|
+$597K |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$548K |
| 5 |
DC
Diametric Capital
Boston,
Massachusetts
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
-$1.57M |
| 2 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$1.2M |
| 3 |
Two Sigma Investments
New York
|
-$1.06M |
| 4 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$923K |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$863K |
TEN Hedge Fund Activity: Q1 2020 in Review
89 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q1 2020, worth a combined $79.7M — down 36% from $125M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TEN positions and 12 closed out — a net gain of 3 holders — while 27 added to existing stakes and 28 trimmed.
The largest buyer was Millennium Management, adding an estimated $2.67M. The largest seller was Kopernik Global Investors, cutting an estimated $1.57M.
- 89 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q1 2020, down from 90 in Q4 2019.
- Funds reported $79.7M of Tsakos Energy Navigation Ltd stock for Q1 2020, down 36% quarter-over-quarter.
- 15 funds opened new Tsakos Energy Navigation Ltd positions in Q1 2020 and 12 closed out, a net change of +3 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q1 2020 was Millennium Management, an estimated $2.67M added.
- The largest Tsakos Energy Navigation Ltd seller in Q1 2020 was Kopernik Global Investors, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2020.