Tenaris
150 hedge funds and large institutions have $3.43B invested in Tenaris in 2015 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 49 increasing their positions, 48 reducing their positions, and 25 closing their positions.
44% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 25
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
7% more funds holding
Funds holding: 140 → 150 (+10)
2% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 48
0.52% less ownership
Funds ownership: 10.89% → 10.37% (-0.52%)
12% less capital invested
Capital invested by funds: $3.89B → $3.43B (-$457M)
70% less call options, than puts
Call options by funds: $1.72M | Put options by funds: $5.73M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$56.4M |
| 2 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$29.2M |
| 3 |
Millennium Management
New York
|
+$22.6M |
| 4 |
Jane Street
New York
|
+$22.5M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$99.2M |
| 2 |
CGI
Comgest Global Investors
Paris,
France
|
-$86.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$51.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$45.5M |
| 5 |
Two Sigma Investments
New York
|
-$44.8M |
TS Hedge Fund Activity: Q1 2015 in Review
150 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q1 2015, worth a combined $3.43B — down 12% from $3.89B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new TS positions and 25 closed out — a net gain of 11 holders — while 49 added to existing stakes and 48 trimmed.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $56.4M. The largest seller was Aberdeen Asset Management, cutting an estimated $99.2M.
- 150 institutional investors held Tenaris (TS) as of Q1 2015, up from 140 in Q4 2014.
- Funds reported $3.43B of Tenaris stock for Q1 2015, down 12% quarter-over-quarter.
- 36 funds opened new Tenaris positions in Q1 2015 and 25 closed out, a net change of +11 holders.
- The largest Tenaris buyer in Q1 2015 was Mackenzie Financial, an estimated $56.4M added.
- The largest Tenaris seller in Q1 2015 was Aberdeen Asset Management, an estimated $99.2M sold.
Based on aggregated 13F filings for Q1 2015.