Tenaris
186 hedge funds and large institutions have $2.92B invested in Tenaris in 2018 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 56 increasing their positions, 55 reducing their positions, and 29 closing their positions.
38% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 29
20% more capital invested
Capital invested by funds: $2.43B → $2.92B (+$492M)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
5% more funds holding
Funds holding: 177 → 186 (+9)
2% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 55
0.69% more ownership
Funds ownership: 6.46% → 7.15% (+0.69%)
58% less call options, than puts
Call options by funds: $2.95M | Put options by funds: $7.01M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$90.3M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$88.2M |
| 3 |
ACM
Arosa Capital Management
Miami Beach,
Florida
|
+$47.8M |
| 4 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$42M |
| 5 |
Lazard Asset Management
New York
|
+$37.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$58M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$32.6M |
| 3 |
Renaissance Technologies
New York
|
-$21.5M |
| 4 |
Morgan Stanley
New York
|
-$16.7M |
| 5 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
-$15.5M |
TS Hedge Fund Activity: Q1 2018 in Review
186 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q1 2018, worth a combined $2.92B — up 20% from $2.43B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new TS positions and 29 closed out — a net gain of 11 holders — while 56 added to existing stakes and 55 trimmed.
The largest buyer was Millennium Management, adding an estimated $90.3M. The largest seller was Aberdeen Group, cutting an estimated $58M.
- 186 institutional investors held Tenaris (TS) as of Q1 2018, up from 177 in Q4 2017.
- Funds reported $2.92B of Tenaris stock for Q1 2018, up 20% quarter-over-quarter.
- 40 funds opened new Tenaris positions in Q1 2018 and 29 closed out, a net change of +11 holders.
- The largest Tenaris buyer in Q1 2018 was Millennium Management, an estimated $90.3M added.
- The largest Tenaris seller in Q1 2018 was Aberdeen Group, an estimated $58M sold.
Based on aggregated 13F filings for Q1 2018.