Tsakos Energy Navigation Ltd
87 hedge funds and large institutions have $298M invested in Tsakos Energy Navigation Ltd in 2015 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 29 increasing their positions, 24 reducing their positions, and 15 closing their positions.
57% more call options, than puts
Call options by funds: $845K | Put options by funds: $538K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
21% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 24
11% more capital invested
Capital invested by funds: $268M → $298M (+$29.6M)
9% more funds holding
Funds holding: 80 → 87 (+7)
0.44% less ownership
Funds ownership: 9.06% → 8.62% (-0.44%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brigade Capital Management
New York
|
+$6.68M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$5.11M |
| 3 |
CP
Centerbridge Partners
New York
|
+$2.88M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.84M |
| 5 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.5M |
| 2 |
YCMGA
York Capital Management Global Advisors
New York
|
-$12.2M |
| 3 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$11.8M |
| 4 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.12M |
| 5 |
Goldman Sachs
New York
|
-$1.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Walleye Trading
New York
| – | -$26K | -757 | Closed |
|
|
QAM
102
QCI Asset Management
Pittsford,
New York
| – | -$8K | -240 | Closed |
|
TEN Hedge Fund Activity: Q1 2015 in Review
87 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q1 2015, worth a combined $298M — up 11% from $268M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TEN positions and 15 closed out — a net gain of 7 holders — while 29 added to existing stakes and 24 trimmed.
The largest buyer was Brigade Capital Management, adding an estimated $6.68M. The largest seller was Wellington Management Group, cutting an estimated $13.5M.
- 87 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q1 2015, up from 80 in Q4 2014.
- Funds reported $298M of Tsakos Energy Navigation Ltd stock for Q1 2015, up 11% quarter-over-quarter.
- 22 funds opened new Tsakos Energy Navigation Ltd positions in Q1 2015 and 15 closed out, a net change of +7 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q1 2015 was Brigade Capital Management, an estimated $6.68M added.
- The largest Tsakos Energy Navigation Ltd seller in Q1 2015 was Wellington Management Group, an estimated $13.5M sold.
Based on aggregated 13F filings for Q1 2015.