Tsakos Energy Navigation Ltd
64 hedge funds and large institutions have $73.7M invested in Tsakos Energy Navigation Ltd in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 12 closing their positions.
4.27% less ownership
Funds ownership: 26.95% → 22.68% (-4.3%)
6% less funds holding
Funds holding: 68 → 64 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
41% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 22
81% less capital inflows, than outflows
Capital inflows: $2.51M | Capital outflows: $13.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Old West Investment Management
Los Angeles,
California
|
+$725K |
| 2 |
Kopernik Global Investors
Tampa,
Florida
|
+$410K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$293K |
| 4 |
Millennium Management
New York
|
+$292K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$4.5M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
-$2.52M |
| 3 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$2.37M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$1.03M |
| 5 |
Putnam Investments
Boston,
Massachusetts
|
-$489K |
TEN Hedge Fund Activity: Q2 2018 in Review
64 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q2 2018, worth a combined $73.7M — down 2.4% from $75.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TEN and 8 opened new positions — a net loss of 4 holders — while 22 trimmed existing stakes and 13 added.
The largest buyer was Old West Investment Management, adding an estimated $725K. The largest seller was Russell Investments Group, cutting an estimated $4.5M.
- 64 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q2 2018, down from 68 in Q1 2018.
- Funds reported $73.7M of Tsakos Energy Navigation Ltd stock for Q2 2018, down 2.4% quarter-over-quarter.
- 8 funds opened new Tsakos Energy Navigation Ltd positions in Q2 2018 and 12 closed out, a net change of -4 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q2 2018 was Old West Investment Management, an estimated $725K added.
- The largest Tsakos Energy Navigation Ltd seller in Q2 2018 was Russell Investments Group, an estimated $4.5M sold.
Based on aggregated 13F filings for Q2 2018.