140 hedge funds and large institutions have $3.89B invested in Tenaris in 2014 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 45 increasing their positions, 44 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more ownership

Funds ownership:

less funds holding

Funds holding:

less first-time investments, than exits

New positions opened: | Existing positions closed:

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

29% less capital invested

Capital invested by funds: $5.49B → $3.89B (-$1.6B)

85% less call options, than puts

Call options by funds: $4.19M | Put options by funds: $28M

Holders
140
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$4.19M
Puts
$28M
Net Calls
Net Calls Change

Top Buyers

1 +$116M
2 +$66.3M
3 +$51.5M
4
Two Sigma Investments
Two Sigma Investments
New York
+$44.8M
5
Goldman Sachs
Goldman Sachs
New York
+$27.2M

Top Sellers

1 -$186M
2 -$57.1M
3 -$56.8M
4
O
OppenheimerFunds
New York
-$54M
5
Neuberger Berman Group
Neuberger Berman Group
New York
-$28M
Name Holding Trade Value Shares
Change
Change in
Stake
51
$3.02M
52
$2.73M
53
$2.71M
54
$2.41M
55
$2.29M
56
$2.27M
57
$2.19M
58
$2.07M
59
$1.83M
60
$1.82M
61
$1.79M
62
$1.7M
63
$1.68M
64
$1.5M
65
$1.49M
66
$1.33M
67
$1.26M
68
$1.24M
69
$1.19M
70
$920K
71
$914K
72
$862K
73
$776K
74
$773K
75
$718K