Tsakos Energy Navigation Ltd
TEN
110 hedge funds and large institutions have $314M invested in Tsakos Energy Navigation Ltd in 2015 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 36 increasing their positions, 31 reducing their positions, and 21 closing their positions.
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
16% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 31
5% more funds holding
Funds holding: 105 → 110 (+5)
0.16% more ownership
Funds ownership: 8.6% → 8.76% (+0.16%)
10% less capital invested
Capital invested by funds: $347M → $314M (-$33.2M)
32% less call options, than puts
Call options by funds: $660K | Put options by funds: $973K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCMGA
York Capital Management Global Advisors
New York
|
+$22.6M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$7.68M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$6.45M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$5.75M |
| 5 |
JIR
James Investment Research
Alpha,
Ohio
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$17.5M |
| 2 |
BCM
Brigade Capital Management
New York
|
-$11.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$7.91M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3M |
| 5 |
Two Sigma Investments
New York
|
-$2.73M |
TEN Hedge Fund Activity: Q3 2015 in Review
110 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q3 2015, worth a combined $314M — down 9.6% from $347M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TEN positions and 21 closed out — a net gain of 5 holders — while 36 added to existing stakes and 31 trimmed.
The largest buyer was York Capital Management Global Advisors, opening a new position worth an estimated $22.6M. The largest seller was Systematic Financial Management, cutting an estimated $17.5M.
- 110 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q3 2015, up from 105 in Q2 2015.
- Funds reported $314M of Tsakos Energy Navigation Ltd stock for Q3 2015, down 9.6% quarter-over-quarter.
- 26 funds opened new Tsakos Energy Navigation Ltd positions in Q3 2015 and 21 closed out, a net change of +5 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q3 2015 was York Capital Management Global Advisors, an estimated $22.6M added.
- The largest Tsakos Energy Navigation Ltd seller in Q3 2015 was Systematic Financial Management, an estimated $17.5M sold.
Based on aggregated 13F filings for Q3 2015.