Tsakos Energy Navigation Ltd
TEN
98 hedge funds and large institutions have $193M invested in Tsakos Energy Navigation Ltd in 2016 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 19 closing their positions.
396% more call options, than puts
Call options by funds: $332K | Put options by funds: $67K
8% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 36
1.04% less ownership
Funds ownership: 8.21% → 7.17% (-1%)
4% less funds holding
Funds holding: 102 → 98 (-4)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
32% less capital invested
Capital invested by funds: $283M → $193M (-$90M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GXMC
Global X Management Company
New York
|
+$6.16M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$6.14M |
| 3 |
Morgan Stanley
New York
|
+$3.36M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.26M |
| 5 |
Goldman Sachs
New York
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
-$7.53M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.96M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.82M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$5.75M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$4.37M |
TEN Hedge Fund Activity: Q1 2016 in Review
98 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q1 2016, worth a combined $193M — down 32% from $283M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TEN and 15 opened new positions — a net loss of 4 holders — while 36 trimmed existing stakes and 33 added.
The largest buyer was Global X Management Company, opening a new position worth an estimated $6.16M. The largest seller was Centerbridge Partners, cutting an estimated $7.53M.
- 98 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q1 2016, down from 102 in Q4 2015.
- Funds reported $193M of Tsakos Energy Navigation Ltd stock for Q1 2016, down 32% quarter-over-quarter.
- 15 funds opened new Tsakos Energy Navigation Ltd positions in Q1 2016 and 19 closed out, a net change of -4 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q1 2016 was Global X Management Company, an estimated $6.16M added.
- The largest Tsakos Energy Navigation Ltd seller in Q1 2016 was Centerbridge Partners, an estimated $7.53M sold.
Based on aggregated 13F filings for Q1 2016.