Tenaris
141 hedge funds and large institutions have $2.4B invested in Tenaris in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 41 increasing their positions, 57 reducing their positions, and 19 closing their positions.
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
4% more funds holding
Funds holding: 136 → 141 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.29% less ownership
Funds ownership: 8.5% → 8.22% (-0.29%)
2% less capital invested
Capital invested by funds: $2.46B → $2.4B (-$56.5M)
16% less call options, than puts
Call options by funds: $2.9M | Put options by funds: $3.47M
28% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$76.7M |
| 2 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
+$20.1M |
| 3 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$15.9M |
| 4 |
D.E. Shaw & Co
New York
|
+$14.4M |
| 5 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WHV Investments
San Francisco,
California
|
-$88.7M |
| 2 |
Millennium Management
New York
|
-$38.3M |
| 3 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$25M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$19.6M |
| 5 |
Jane Street
New York
|
-$14.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
151
QCM Cayman
Houston,
Texas
| – | -$213K | -8,944 | Closed |
|
152
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$205K | -8,631 | Closed |
|
|
FIB
153
First Interstate Bank
Billings,
Montana
| – | -$106K | -4,465 | Closed |
|
154
BlackRock
New York
| – | -$33K | -1,400 | Closed |
|
|
TDC
155
Thompson Davis & Co
Richmond,
Virginia
| – | -$19K | -785 | Closed |
|
|
EFSCE
156
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$4K | -150 | Closed |
|
157
Walleye Trading
New York
| – | -$1.58K | -72 | Closed |
|
|
KCPG
158
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$1K | -50 | Closed |
|
|
WAM
159
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$1K | -49 | Closed |
|
|
HCM
160
Horrell Capital Management
Little Rock,
Arkansas
| – | -$1K | -37 | Closed |
|
TS Hedge Fund Activity: Q1 2016 in Review
141 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q1 2016, worth a combined $2.4B — down 2.3% from $2.46B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TS positions and 19 closed out — a net gain of 5 holders — while 41 added to existing stakes and 57 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $76.7M. The largest seller was WHV Investments, cutting an estimated $88.7M.
- 141 institutional investors held Tenaris (TS) as of Q1 2016, up from 136 in Q4 2015.
- Funds reported $2.4B of Tenaris stock for Q1 2016, down 2.3% quarter-over-quarter.
- 24 funds opened new Tenaris positions in Q1 2016 and 19 closed out, a net change of +5 holders.
- The largest Tenaris buyer in Q1 2016 was Arrowstreet Capital, an estimated $76.7M added.
- The largest Tenaris seller in Q1 2016 was WHV Investments, an estimated $88.7M sold.
Based on aggregated 13F filings for Q1 2016.