Tsakos Energy Navigation Ltd
TEN
49 hedge funds and large institutions have $26.7M invested in Tsakos Energy Navigation Ltd in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 26 closing their positions.
13.7% more ownership
Funds ownership: 3.94% → 17.64% (+14%)
29% less funds holding
Funds holding: 69 → 49 (-20)
33% less capital invested
Capital invested by funds: $39.8M → $26.7M (-$13.1M)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
45% less call options, than puts
Call options by funds: $790K | Put options by funds: $1.43M
77% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KGI
Kopernik Global Investors
Tampa,
Florida
|
+$2.71M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$499K |
| 3 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
+$329K |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$260K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$239K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.86M |
| 2 |
Renaissance Technologies
New York
|
-$1.56M |
| 3 |
DC
Diametric Capital
Boston,
Massachusetts
|
-$1.51M |
| 4 |
OWIM
Old West Investment Management
Los Angeles,
California
|
-$754K |
| 5 |
Two Sigma Advisers
New York
|
-$729K |
TEN Hedge Fund Activity: Q3 2020 in Review
49 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Tsakos Energy Navigation Ltd (TEN) for Q3 2020, worth a combined $26.7M — down 33% from $39.8M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TEN and 6 opened new positions — a net loss of 20 holders — while 18 trimmed existing stakes and 12 added.
The largest buyer was Kopernik Global Investors, adding an estimated $2.71M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $3.86M sold.
- 49 institutional investors held Tsakos Energy Navigation Ltd (TEN) as of Q3 2020, down from 69 in Q2 2020.
- Funds reported $26.7M of Tsakos Energy Navigation Ltd stock for Q3 2020, down 33% quarter-over-quarter.
- 6 funds opened new Tsakos Energy Navigation Ltd positions in Q3 2020 and 26 closed out, a net change of -20 holders.
- The largest Tsakos Energy Navigation Ltd buyer in Q3 2020 was Kopernik Global Investors, an estimated $2.71M added.
- The largest Tsakos Energy Navigation Ltd seller in Q3 2020 was Acadian Asset Management, an estimated $3.86M sold.
Based on aggregated 13F filings for Q3 2020.