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TEN

Tsakos Energy Navigation Ltd

83 hedge funds and large institutions have $105M invested in Tsakos Energy Navigation Ltd in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 39 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.18% less ownership

Funds ownership: 6.26%5.08% (-1.2%)

11% less capital invested

Capital invested by funds: $119M → $105M (-$13.6M)

16% less funds holding

Funds holding: 9983 (-16)

33% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 39

44% less call options, than puts

Call options by funds: $847K | Put options by funds: $1.51M

64% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 25

Holders
83
Holders Change
-16
Holders Change %
-16.16%
% of All Funds
2.21%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
26
Reduced
39
Closed
25
Calls
$847K
Puts
$1.51M
Net Calls
-$661K
Net Calls Change
+$368K
Name Holding Trade Value Shares
Change
Change in
Stake
KGI
1
Kopernik Global Investors
Florida
$16.2M +$3.92M +156,673 +30%
Renaissance Technologies
2
Renaissance Technologies
New York
$11.7M -$55.6K -2,220 -0.5%
LSV Asset Management
3
LSV Asset Management
Illinois
$9.69M
EA
4
Emerald Acquisition
Washington
$5.08M +$290K +11,572 +6%
GXMC
5
Global X Management Company
New York
$4.94M -$746K -29,786 -13%
California Public Employees Retirement System
6
California Public Employees Retirement System
California
$3.58M -$254K -10,160 -6%
Acadian Asset Management
7
Acadian Asset Management
Massachusetts
$3.07M -$1.89M -75,576 -37%
Fiera Capital (Canada)
8
Fiera Capital (Canada)
Quebec, Canada
$3.04M -$77.1K -3,080 -2%
NGA
9
New Generation Advisors
Massachusetts
$2.97M -$68.1K -2,720 -2%
FRM
10
Foundation Resource Management
Arkansas
$2.84M -$13K -520 -0.4%
KCM
11
Kennedy Capital Management
Missouri
$2.39M -$52.6K -2,100 -2%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$2.36M +$432K +17,275 +21%
YCMGA
13
York Capital Management Global Advisors
New York
$2.34M
Fidelity Investments
14
Fidelity Investments
Massachusetts
$2.17M
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$2.14M +$653K +26,085 +42%
BIT
16
BlackRock Institutional Trust
California
$1.96M -$166K -6,650 -8%
Wells Fargo
17
Wells Fargo
California
$1.91M +$456K +18,238 +30%
GCP
18
GSA Capital Partners
United Kingdom
$1.73M -$111K -4,434 -6%
JP Morgan Chase
19
JP Morgan Chase
New York
$1.71M +$733K +29,277 +70%
AC
20
AFAM Capital
Texas
$1.56M +$6.36K +254 +0.4%
GC
21
Guggenheim Capital
Illinois
$1.4M +$643K +25,692 +80%
Stifel Financial
22
Stifel Financial
Missouri
$1.32M +$97K +3,876 +8%
Allianz Asset Management
23
Allianz Asset Management
Germany
$1.27M -$107K -4,286 -8%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$1.26M -$772K -30,840 -37%
KFA
25
Kelleher Financial Advisors
New York
$1.14M +$1.06M +42,500 +904%

TEN Hedge Fund Activity: Q3 2016 in Review

83 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q3 2016, worth a combined $105M — down 11% from $119M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of TEN and 9 opened new positions — a net loss of 16 holders — while 39 trimmed existing stakes and 26 added.

The largest buyer was Kopernik Global Investors, adding an estimated $3.92M. The largest seller was Parametric Portfolio Associates, cutting an estimated $4.14M.

  • 83 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q3 2016, down from 99 in Q2 2016.
  • Funds reported $105M of Tsakos Energy Navigation Ltd stock for Q3 2016, down 11% quarter-over-quarter.
  • 9 funds opened new Tsakos Energy Navigation Ltd positions in Q3 2016 and 25 closed out, a net change of -16 holders.
  • The largest Tsakos Energy Navigation Ltd buyer in Q3 2016 was Kopernik Global Investors, an estimated $3.92M added.
  • The largest Tsakos Energy Navigation Ltd seller in Q3 2016 was Parametric Portfolio Associates, an estimated $4.14M sold.

Based on aggregated 13F filings for Q3 2016.