Tenaris
137 hedge funds and large institutions have $3.03B invested in Tenaris in 2015 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 49 increasing their positions, 37 reducing their positions, and 37 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 37
0.88% less ownership
Funds ownership: 10.37% → 9.49% (-0.88%)
6% less call options, than puts
Call options by funds: $6.58M | Put options by funds: $7.01M
9% less funds holding
Funds holding: 150 → 137 (-13)
12% less capital invested
Capital invested by funds: $3.43B → $3.03B (-$404M)
32% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 37
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$22.3M |
| 2 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
+$18.3M |
| 3 |
WGI
Westwood Global Investments
Boston,
Massachusetts
|
+$18.2M |
| 4 |
Two Sigma Investments
New York
|
+$15.8M |
| 5 |
CC
Carlson Capital
Dallas,
Texas
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$131M |
| 2 |
CGI
Comgest Global Investors
Paris,
France
|
-$129M |
| 3 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$113M |
| 4 |
Jane Street
New York
|
-$28.7M |
| 5 |
Goldman Sachs
New York
|
-$17.4M |
TS Hedge Fund Activity: Q2 2015 in Review
137 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q2 2015, worth a combined $3.03B — down 12% from $3.43B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of TS and 25 opened new positions — a net loss of 12 holders — while 37 trimmed existing stakes and 49 added.
The largest buyer was Kiltearn Partners, opening a new position worth an estimated $22.3M. The largest seller was Millennium Management, exiting entirely with an estimated $131M sold.
- 137 institutional investors held Tenaris (TS) as of Q2 2015, down from 150 in Q1 2015.
- Funds reported $3.03B of Tenaris stock for Q2 2015, down 12% quarter-over-quarter.
- 25 funds opened new Tenaris positions in Q2 2015 and 37 closed out, a net change of -12 holders.
- The largest Tenaris buyer in Q2 2015 was Kiltearn Partners, an estimated $22.3M added.
- The largest Tenaris seller in Q2 2015 was Millennium Management, an estimated $131M sold.
Based on aggregated 13F filings for Q2 2015.