Tenaris
170 hedge funds and large institutions have $6.38B invested in Tenaris in 2013 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 59 increasing their positions, 45 reducing their positions, and 14 closing their positions.
143% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 14
31% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 45
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
22% more call options, than puts
Call options by funds: $17.5M | Put options by funds: $14.4M
13% more funds holding
Funds holding: 150 → 170 (+20)
12% more capital invested
Capital invested by funds: $5.7B → $6.38B (+$678M)
0.45% less ownership
Funds ownership: 11.99% → 11.54% (-0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$68.4M |
| 2 |
WI
WHV Investments
San Francisco,
California
|
+$31.8M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$17.3M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$15.4M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$290M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$52.3M |
| 3 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$39.3M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$33.4M |
| 5 |
VanEck Associates
New York
|
-$13.7M |
TS Hedge Fund Activity: Q3 2013 in Review
170 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q3 2013, worth a combined $6.38B — up 12% from $5.7B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new TS positions and 14 closed out — a net gain of 20 holders — while 59 added to existing stakes and 45 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $68.4M. The largest seller was Aberdeen Asset Management, cutting an estimated $290M.
- 170 institutional investors held Tenaris (TS) as of Q3 2013, up from 150 in Q2 2013.
- Funds reported $6.38B of Tenaris stock for Q3 2013, up 12% quarter-over-quarter.
- 34 funds opened new Tenaris positions in Q3 2013 and 14 closed out, a net change of +20 holders.
- The largest Tenaris buyer in Q3 2013 was Arrowstreet Capital, an estimated $68.4M added.
- The largest Tenaris seller in Q3 2013 was Aberdeen Asset Management, an estimated $290M sold.
Based on aggregated 13F filings for Q3 2013.