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TEN

Tsakos Energy Navigation Ltd

97 hedge funds and large institutions have $191M invested in Tsakos Energy Navigation Ltd in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

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

1.05% less ownership

Funds ownership: 8.21%7.16% (-1%)

5% less funds holding

Funds holding: 10297 (-5)

26% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 19

32% less capital invested

Capital invested by funds: $283M → $191M (-$91.9M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
97
Holders Change
-5
Holders Change %
-4.9%
% of All Funds
2.58%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
14
Increased
33
Reduced
36
Closed
19
Calls
$332K
Puts
$67K
Net Calls
+$265K
Net Calls Change
-$262K
Name Holding Trade Value Shares
Change
Change in
Stake
PRCM
1
Pine River Capital Management
Minnesota
$22.2M -$4.37M -145,769 -17%
Renaissance Technologies
2
Renaissance Technologies
New York
$14.3M -$215K -7,160 -2%
KGI
3
Kopernik Global Investors
Florida
$13.7M +$6.14M +204,937 +86%
Acadian Asset Management
4
Acadian Asset Management
Massachusetts
$9.68M -$5.82M -194,247 -38%
JIR
5
James Investment Research
Ohio
$9.47M -$1.9M -63,501 -17%
Wellington Management Group
6
Wellington Management Group
Massachusetts
$6.95M -$2.81M -93,872 -29%
GXMC
7
Global X Management Company
New York
$6.36M +$6.16M +205,654 New
PPA
8
Parametric Portfolio Associates
Washington
$5.57M +$126K +4,196 +2%
LSV Asset Management
9
LSV Asset Management
Illinois
$5.56M +$1.12M +37,355 +26%
California Public Employees Retirement System
10
California Public Employees Retirement System
California
$5.53M -$295K -9,840 -5%
Fiera Capital (Canada)
11
Fiera Capital (Canada)
Quebec, Canada
$4.69M +$127K +4,240 +3%
RFC
12
Russell Frank Company
Washington
$4.47M -$65.3K -2,179 -1%
Morgan Stanley
13
Morgan Stanley
New York
$4.32M +$3.36M +112,205 +406%
BIT
14
BlackRock Institutional Trust
California
$3.92M -$1.26M -42,108 -25%
NGA
15
New Generation Advisors
Massachusetts
$3.83M
FRM
16
Foundation Resource Management
Arkansas
$3.65M +$21.8K +728 +0.6%
RIM
17
RS Investment Management
California
$3.53M -$8.72K -291 -0.3%
CP
18
Centerbridge Partners
New York
$3.47M -$7.53M -251,316 -69%
Deutsche Bank
19
Deutsche Bank
Germany
$3.39M +$1.26M +42,108 +62%
Goldman Sachs
20
Goldman Sachs
New York
$3.14M +$1.13M +37,598 +59%
YCMGA
21
York Capital Management Global Advisors
New York
$3M
QI
22
QS Investors
New York
$2.89M
Two Sigma Advisers
23
Two Sigma Advisers
New York
$2.8M -$320K -10,678 -11%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$2.78M -$5.96M -198,920 -69%
KCM
25
Kennedy Capital Management
Missouri
$2.33M +$1.05M +34,906 +86%

TEN Hedge Fund Activity: Q1 2016 in Review

97 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q1 2016, worth a combined $191M — down 32% from $283M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of TEN and 14 opened new positions — a net loss of 5 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.

  • 97 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q1 2016, down from 102 in Q4 2015.
  • Funds reported $191M of Tsakos Energy Navigation Ltd stock for Q1 2016, down 32% quarter-over-quarter.
  • 14 funds opened new Tsakos Energy Navigation Ltd positions in Q1 2016 and 19 closed out, a net change of -5 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.