Tenaris
226 hedge funds and large institutions have $1.74B invested in Tenaris in 2023 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 92 increasing their positions, 52 reducing their positions, and 32 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 52
44% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 32
4% more funds holding
Funds holding: 217 → 226 (+9)
0.2% more ownership
Funds ownership: 5.41% → 5.61% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
16% less capital invested
Capital invested by funds: $2.06B → $1.74B (-$321M)
58% less call options, than puts
Call options by funds: $2.93M | Put options by funds: $7.05M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$34.3M |
| 2 |
Millennium Management
New York
|
+$28.8M |
| 3 |
Two Sigma Investments
New York
|
+$28.3M |
| 4 |
SGDR
SPX Gestao de Recursos
Rio De Janeiro,
Brazil
|
+$18.7M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$18.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$46.7M |
| 2 |
MIM
Merewether Investment Management
Dallas,
Texas
|
-$34.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$27.7M |
| 4 |
SCM
SIR Capital Management
New York
|
-$27.3M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
-$24.4M |
TS Hedge Fund Activity: Q1 2023 in Review
226 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q1 2023, worth a combined $1.74B — down 16% from $2.06B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new TS positions and 32 closed out — a net gain of 14 holders — while 92 added to existing stakes and 52 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $34.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $46.7M.
- 226 institutional investors held Tenaris (TS) as of Q1 2023, up from 217 in Q4 2022.
- Funds reported $1.74B of Tenaris stock for Q1 2023, down 16% quarter-over-quarter.
- 46 funds opened new Tenaris positions in Q1 2023 and 32 closed out, a net change of +14 holders.
- The largest Tenaris buyer in Q1 2023 was Morgan Stanley, an estimated $34.3M added.
- The largest Tenaris seller in Q1 2023 was T. Rowe Price Associates, an estimated $46.7M sold.
Based on aggregated 13F filings for Q1 2023.