Tenaris
177 hedge funds and large institutions have $2.43B invested in Tenaris in 2017 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 64 increasing their positions, 49 reducing their positions, and 28 closing their positions.
95% more call options, than puts
Call options by funds: $2.15M | Put options by funds: $1.1M
32% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 28
31% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 49
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
5% more funds holding
Funds holding: 169 → 177 (+8)
4% less capital invested
Capital invested by funds: $2.53B → $2.43B (-$99.6M)
1.11% less ownership
Funds ownership: 7.57% → 6.46% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$23.9M |
| 2 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$21.8M |
| 3 |
RL
Ruffer LLP
London,
United Kingdom
|
+$15.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.3M |
| 5 |
VanEck Associates
New York
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$344M |
| 2 |
Goldman Sachs
New York
|
-$28M |
| 3 |
Morgan Stanley
New York
|
-$24.2M |
| 4 |
GXMC
Global X Management Company
New York
|
-$19.3M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$17.5M |
TS Hedge Fund Activity: Q4 2017 in Review
177 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q4 2017, worth a combined $2.43B — down 3.9% from $2.53B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new TS positions and 28 closed out — a net gain of 9 holders — while 64 added to existing stakes and 49 trimmed.
The largest buyer was Luminus Management, adding an estimated $23.9M. The largest seller was Aberdeen Group, cutting an estimated $344M.
- 177 institutional investors held Tenaris (TS) as of Q4 2017, up from 169 in Q3 2017.
- Funds reported $2.43B of Tenaris stock for Q4 2017, down 3.9% quarter-over-quarter.
- 37 funds opened new Tenaris positions in Q4 2017 and 28 closed out, a net change of +9 holders.
- The largest Tenaris buyer in Q4 2017 was Luminus Management, an estimated $23.9M added.
- The largest Tenaris seller in Q4 2017 was Aberdeen Group, an estimated $344M sold.
Based on aggregated 13F filings for Q4 2017.