Tenaris
128 hedge funds and large institutions have $1.01B invested in Tenaris in 2020 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 44 increasing their positions, 45 reducing their positions, and 18 closing their positions.
57% more capital invested
Capital invested by funds: $642M → $1.01B (+$364M)
56% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 18
8% more funds holding
Funds holding: 118 → 128 (+10)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.22% less ownership
Funds ownership: 5.56% → 5.34% (-0.22%)
2% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 45
50% less call options, than puts
Call options by funds: $2M | Put options by funds: $3.97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$38M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$13.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$10.2M |
| 4 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
+$6.99M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$19.4M |
| 2 |
Renaissance Technologies
New York
|
-$17.8M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$14.4M |
| 4 |
Morgan Stanley
New York
|
-$12.8M |
| 5 |
LIA
LSP Investment Advisors
New York
|
-$9.17M |
TS Hedge Fund Activity: Q4 2020 in Review
128 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q4 2020, worth a combined $1.01B — up 57% from $642M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TS positions and 18 closed out — a net gain of 10 holders — while 44 added to existing stakes and 45 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $38M. The largest seller was Wellington Management Group, cutting an estimated $19.4M.
- 128 institutional investors held Tenaris (TS) as of Q4 2020, up from 118 in Q3 2020.
- Funds reported $1.01B of Tenaris stock for Q4 2020, up 57% quarter-over-quarter.
- 28 funds opened new Tenaris positions in Q4 2020 and 18 closed out, a net change of +10 holders.
- The largest Tenaris buyer in Q4 2020 was Arrowstreet Capital, an estimated $38M added.
- The largest Tenaris seller in Q4 2020 was Wellington Management Group, an estimated $19.4M sold.
Based on aggregated 13F filings for Q4 2020.