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TEN

Tsakos Energy Navigation Ltd

80 hedge funds and large institutions have $268M invested in Tsakos Energy Navigation Ltd in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 21 increasing their positions, 32 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,233% more call options, than puts

Call options by funds: $120K | Put options by funds: $9K

69% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 13

10% more funds holding

Funds holding: 7380 (+7)

5% more capital invested

Capital invested by funds: $256M → $268M (+$12.2M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.42% less ownership

Funds ownership: 9.49%9.06% (-0.42%)

34% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 32

Holders
80
Holders Change
+7
Holders Change %
+9.59%
% of All Funds
2.13%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
22
Increased
21
Reduced
32
Closed
13
Calls
$120K
Puts
$9K
Net Calls
+$111K
Net Calls Change
+$113K
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$49.4M -$14.2M -429,959 -23%
PRCM
2
Pine River Capital Management
Minnesota
$34M +$1.84M +55,460 +6%
SFM
3
Systematic Financial Management
New Jersey
$23M -$9.97K -301 -0%
DRZID
4
DePrince Race & Zollo Inc (DRZ)
Florida
$18M -$446K -13,459 -3%
YCMGA
5
York Capital Management Global Advisors
New York
$14.9M -$5.01M -151,273 -26%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$11.8M
Acadian Asset Management
7
Acadian Asset Management
Massachusetts
$11M -$2.01M -60,534 -16%
CP
8
Centerbridge Partners
New York
$10.9M +$10.3M +311,525 New
KGI
9
Kopernik Global Investors
Florida
$8.2M -$2.04M -61,525 -21%
California Public Employees Retirement System
10
California Public Employees Retirement System
California
$7.29M +$223K +6,720 +4%
PPA
11
Parametric Portfolio Associates
Washington
$7.2M +$1.74M +52,538 +34%
Goldman Sachs
12
Goldman Sachs
New York
$6.88M +$1.54M +46,587 +31%
Renaissance Technologies
13
Renaissance Technologies
New York
$6.33M -$224K -6,760 -4%
BCM
14
Brigade Capital Management
New York
$6.15M +$5.84M +176,300 New
RFC
15
Russell Frank Company
Washington
$6M +$2.88K +87 +0.1%
NGA
16
New Generation Advisors
Massachusetts
$5.24M
FRM
17
Foundation Resource Management
Arkansas
$4.96M -$16.1K -485 -0.3%
QI
18
QS Investors
New York
$3.27M +$3.1M +93,560 New
PIA
19
Phoenix Investment Adviser
New York
$2.16M +$384K +11,600 +23%
Wells Fargo
20
Wells Fargo
California
$1.79M +$1.29M +38,876 +311%
GC
21
Guggenheim Capital
Illinois
$1.6M -$779K -23,520 -34%
Morgan Stanley
22
Morgan Stanley
New York
$1.55M -$1.09M -33,037 -43%
Deutsche Bank
23
Deutsche Bank
Germany
$1.54M +$907K +27,380 +163%
GCM
24
GeoSphere Capital Management
Florida
$1.51M -$597K -18,000 -29%
AC
25
AFAM Capital
Texas
$1.41M -$38.4K -1,158 -3%

TEN Hedge Fund Activity: Q4 2014 in Review

80 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q4 2014, worth a combined $268M — up 4.8% from $256M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new TEN positions and 13 closed out — a net gain of 9 holders — while 21 added to existing stakes and 32 trimmed.

The largest buyer was Centerbridge Partners, opening a new position worth an estimated $10.3M. The largest seller was Wellington Management Group, cutting an estimated $14.2M.

  • 80 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q4 2014, up from 73 in Q3 2014.
  • Funds reported $268M of Tsakos Energy Navigation Ltd stock for Q4 2014, up 4.8% quarter-over-quarter.
  • 22 funds opened new Tsakos Energy Navigation Ltd positions in Q4 2014 and 13 closed out, a net change of +9 holders.
  • The largest Tsakos Energy Navigation Ltd buyer in Q4 2014 was Centerbridge Partners, an estimated $10.3M added.
  • The largest Tsakos Energy Navigation Ltd seller in Q4 2014 was Wellington Management Group, an estimated $14.2M sold.

Based on aggregated 13F filings for Q4 2014.