Tsakos Energy Navigation Ltd
83 hedge funds and large institutions have $105M invested in Tsakos Energy Navigation Ltd in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 39 reducing their positions, and 25 closing their positions.
1.18% less ownership
Funds ownership: 6.26% → 5.08% (-1.2%)
11% less capital invested
Capital invested by funds: $119M → $105M (-$13.6M)
16% less funds holding
Funds holding: 99 → 83 (-16)
33% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 39
44% less call options, than puts
Call options by funds: $847K | Put options by funds: $1.51M
64% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 25
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIM
101
BlackRock Investment Management
Wilmington,
Delaware
| – | -$56K | -2,392 | Closed |
|
|
AIM
102
Acrospire Investment Management
Chicago,
Illinois
| – | -$55K | -2,352 | Closed |
|
|
BFM
103
Boothbay Fund Management
New York
| – | -$53K | -2,248 | Closed |
|
104
BlackRock
New York
| – | -$14K | -580 | Closed |
|
|
CCA
105
Checchi Capital Advisers
Beverly Hills,
California
| – | -$8K | -332 | Closed |
|
|
PCM
106
Prelude Capital Management
New York
| – | -$8K | -320 | Closed |
|
107
Simplex Trading
Chicago,
Illinois
| – | -$7.08K | -283 | Closed |
|
|
GWS
108
Glassman Wealth Services
Vienna,
Virginia
| – | -$6K | -275 | Closed |
|
TEN Hedge Fund Activity: Q3 2016 in Review
83 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q3 2016, worth a combined $105M — down 11% from $119M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TEN and 9 opened new positions — a net loss of 16 holders — while 39 trimmed existing stakes and 26 added.
The largest buyer was Kopernik Global Investors, adding an estimated $3.92M. The largest seller was Parametric Portfolio Associates, cutting an estimated $4.14M.
- 83 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q3 2016, down from 99 in Q2 2016.
- Funds reported $105M of Tsakos Energy Navigation Ltd stock for Q3 2016, down 11% quarter-over-quarter.
- 9 funds opened new Tsakos Energy Navigation Ltd positions in Q3 2016 and 25 closed out, a net change of -16 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q3 2016 was Kopernik Global Investors, an estimated $3.92M added.
- The largest Tsakos Energy Navigation Ltd seller in Q3 2016 was Parametric Portfolio Associates, an estimated $4.14M sold.
Based on aggregated 13F filings for Q3 2016.