Tenaris
154 hedge funds and large institutions have $5.55B invested in Tenaris in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 55 increasing their positions, 54 reducing their positions, and 25 closing their positions.
138% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $8.78M
2% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 54
1% more capital invested
Capital invested by funds: $5.5B → $5.55B (+$48.8M)
0.57% less ownership
Funds ownership: 10.53% → 9.96% (-0.57%)
4% less funds holding
Funds holding: 161 → 154 (-7)
24% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 25
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$120M |
| 2 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$68.3M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$16M |
| 4 |
O
OppenheimerFunds
New York
|
+$11M |
| 5 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$8.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$408M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$23.5M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$23M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$23M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$14.2M |
TS Hedge Fund Activity: Q2 2014 in Review
154 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q2 2014, worth a combined $5.55B — up 0.89% from $5.5B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of TS and 19 opened new positions — a net loss of 6 holders — while 54 trimmed existing stakes and 55 added.
The largest buyer was Arrowstreet Capital, adding an estimated $120M. The largest seller was JP Morgan Chase, cutting an estimated $408M.
- 154 institutional investors held Tenaris (TS) as of Q2 2014, down from 161 in Q1 2014.
- Funds reported $5.55B of Tenaris stock for Q2 2014, up 0.89% quarter-over-quarter.
- 19 funds opened new Tenaris positions in Q2 2014 and 25 closed out, a net change of -6 holders.
- The largest Tenaris buyer in Q2 2014 was Arrowstreet Capital, an estimated $120M added.
- The largest Tenaris seller in Q2 2014 was JP Morgan Chase, an estimated $408M sold.
Based on aggregated 13F filings for Q2 2014.