We are live on ! Find out more
TEN

Tsakos Energy Navigation Ltd
TEN

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.

New
Increased
Maintained
Reduced
Closed

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%)

Holders
87
Holders Change
+7
Holders Change %
+8.75%
% of All Funds
2.32%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
22
Increased
29
Reduced
24
Closed
15
Calls
$845K
Puts
$538K
Net Calls
+$307K
Net Calls Change
+$196K

Top Buyers

1
BCM
Brigade Capital Management
New York
+$6.68M
2
SFM
Systematic Financial Management
New Jersey
+$5.11M
3
CP
Centerbridge Partners
New York
+$2.88M
4
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$2.84M
5
KGI
Kopernik Global Investors
Florida
+$2.11M

Top Sellers

1
Wellington Management Group
Wellington Management Group
Massachusetts
-$13.5M
2
YCMGA
York Capital Management Global Advisors
New York
-$12.2M
3
DRZID
DePrince Race & Zollo Inc (DRZ)
Florida
-$11.8M
4
RFC
Russell Frank Company
Washington
-$2.12M
5
Goldman Sachs
Goldman Sachs
New York
-$1.85M
Name Holding Trade Value Shares
Change 		Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$43.1M -$13.5M -360,541 -25%
PRCM
2
Pine River Capital Management
Minnesota
$38.3M -$1.39M -37,239 -4%
SFM
3
Systematic Financial Management
New Jersey
$32.6M +$5.11M +136,858 +21%
Acadian Asset Management
4
Acadian Asset Management
Massachusetts
$16M +$2.84M +75,986 +24%
CP
5
Centerbridge Partners
New York
$15.9M +$2.88M +77,200 +25%
BCM
6
Brigade Capital Management
New York
$14.5M +$6.68M +178,900 +101%
Fidelity Investments
7
Fidelity Investments
Massachusetts
$13.8M – – –
KGI
8
Kopernik Global Investors
Florida
$11.9M +$2.11M +56,578 +24%
Renaissance Technologies
9
Renaissance Technologies
New York
$9.3M +$1.71M +45,920 +25%
PPA
10
Parametric Portfolio Associates
Washington
$8.67M +$208K +5,585 +3%
DRZID
11
DePrince Race & Zollo Inc (DRZ)
Florida
$8.19M -$11.8M -316,205 -61%
California Public Employees Retirement System
12
California Public Employees Retirement System
California
$7.29M – – –
NGA
13
New Generation Advisors
Massachusetts
$6.14M – – –
Goldman Sachs
14
Goldman Sachs
New York
$6.04M -$1.85M -49,526 -25%
FRM
15
Foundation Resource Management
Arkansas
$5.05M -$698K -18,707 -13%
RFC
16
Russell Frank Company
Washington
$4.73M -$2.12M -56,732 -33%
YCMGA
17
York Capital Management Global Advisors
New York
$4.09M -$12.2M -326,083 -77%
QI
18
QS Investors
New York
$3.83M – – –
Morgan Stanley
19
Morgan Stanley
New York
$3.78M +$1.79M +47,968 +108%
Two Sigma Investments
20
Two Sigma Investments
New York
$2.42M +$1.45M +38,725 +189%
PIA
21
Phoenix Investment Adviser
New York
$2.37M -$149K -4,000 -6%
Wells Fargo
22
Wells Fargo
California
$2.16M +$57.5K +1,542 +3%
TGA
23
Trilogy Global Advisors
Florida
$1.94M +$582K +15,585 +49%
Millennium Management
24
Millennium Management
New York
$1.9M +$1.4M +37,591 +419%
GC
25
Guggenheim Capital
Illinois
$1.78M -$81.1K -2,174 -5%
1
2 3 4 5

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.