Tsakos Energy Navigation Ltd
TEN
99 hedge funds and large institutions have $127M invested in Tsakos Energy Navigation Ltd in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 11 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 32
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% more funds holding
Funds holding: 98 → 99 (+1)
0.91% less ownership
Funds ownership: 7.17% → 6.26% (-0.91%)
35% less capital invested
Capital invested by funds: $193M → $127M (-$66.8M)
87% less call options, than puts
Call options by funds: $153K | Put options by funds: $1.18M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$6.54M |
| 2 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$2.12M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$944K |
| 4 |
Millennium Management
New York
|
+$915K |
| 5 |
GXMC
Global X Management Company
New York
|
+$859K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$11.7M |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
-$8.73M |
| 3 |
RIM
RS Investment Management
San Francisco,
California
|
-$3.53M |
| 4 |
CP
Centerbridge Partners
New York
|
-$3.47M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.24M |
TEN Hedge Fund Activity: Q2 2016 in Review
99 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q2 2016, worth a combined $127M — down 35% from $193M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TEN positions and 11 closed out — a net gain of 2 holders — while 42 added to existing stakes and 32 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $6.54M. The largest seller was Pine River Capital Management, cutting an estimated $11.7M.
- 99 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q2 2016, up from 98 in Q1 2016.
- Funds reported $127M of Tsakos Energy Navigation Ltd stock for Q2 2016, down 35% quarter-over-quarter.
- 13 funds opened new Tsakos Energy Navigation Ltd positions in Q2 2016 and 11 closed out, a net change of +2 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q2 2016 was LSV Asset Management, an estimated $6.54M added.
- The largest Tsakos Energy Navigation Ltd seller in Q2 2016 was Pine River Capital Management, an estimated $11.7M sold.
Based on aggregated 13F filings for Q2 2016.