Tsakos Energy Navigation Ltd
105 hedge funds and large institutions have $347M invested in Tsakos Energy Navigation Ltd in 2015 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 13 closing their positions.
138% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 13
101% more call options, than puts
Call options by funds: $1.67M | Put options by funds: $829K
21% more funds holding
Funds holding: 87 → 105 (+18)
7% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 30
2% more capital inflows, than outflows
Capital inflows: $79.1M | Capital outflows: $77.4M
0.12% less ownership
Funds ownership: 43.1% → 42.98% (-0.12%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$10.8M |
| 2 |
James Investment Research
Alpha,
Ohio
|
+$9.8M |
| 3 |
Renaissance Technologies
New York
|
+$8.16M |
| 4 |
Employees Retirement System of Texas
Austin,
Texas
|
+$6.92M |
| 5 |
AJO LP
Philadelphia,
Pennsylvania
|
+$4.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$18M |
| 2 |
Systematic Financial Management
Teaneck,
New Jersey
|
-$8.28M |
| 3 |
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$8.19M |
| 4 |
Pine River Capital Management
Minnetonka,
Minnesota
|
-$7.16M |
| 5 |
Goldman Sachs
New York
|
-$6.72M |
TEN Hedge Fund Activity: Q2 2015 in Review
105 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q2 2015, worth a combined $347M — up 16% from $298M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TEN positions and 13 closed out — a net gain of 18 holders — while 32 added to existing stakes and 30 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $10.8M. The largest seller was Wellington Management Group, cutting an estimated $18M.
- 105 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q2 2015, up from 87 in Q1 2015.
- Funds reported $347M of Tsakos Energy Navigation Ltd stock for Q2 2015, up 16% quarter-over-quarter.
- 31 funds opened new Tsakos Energy Navigation Ltd positions in Q2 2015 and 13 closed out, a net change of +18 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q2 2015 was Acadian Asset Management, an estimated $10.8M added.
- The largest Tsakos Energy Navigation Ltd seller in Q2 2015 was Wellington Management Group, an estimated $18M sold.
Based on aggregated 13F filings for Q2 2015.