Tenaris
143 hedge funds and large institutions have $1.52B invested in Tenaris in 2019 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 33 increasing their positions, 60 reducing their positions, and 19 closing their positions.
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
4% more funds holding
Funds holding: 138 → 143 (+5)
1.39% less ownership
Funds ownership: 7.08% → 5.69% (-1.4%)
14% less capital invested
Capital invested by funds: $1.77B → $1.52B (-$249M)
45% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 60
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
88% less call options, than puts
Call options by funds: $112K | Put options by funds: $908K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$58.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$46.7M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$29.3M |
| 4 |
Millennium Management
New York
|
+$27.7M |
| 5 |
D.E. Shaw & Co
New York
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$249M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$173M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$23.8M |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$22.7M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$22.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCM
151
Weld Capital Management
New York
| – | -$372K | -17,556 | Closed |
|
|
CG
152
Cutler Group
San Francisco,
California
| – | -$322K | -14,956 | Closed |
|
153
Envestnet Asset Management
Chicago,
Illinois
| – | -$269K | -12,709 | Closed |
|
|
QT
154
Quantbot Technologies
New York
| – | -$141K | -6,673 | Closed |
|
155
Simplex Trading
Chicago,
Illinois
| – | -$137K | -6,361 | Closed |
|
156
Schroder Investment Management Group
London,
United Kingdom
| – | -$86K | -4,060 | Closed |
|
157
Twin Tree Management
Dallas,
Texas
| – | -$28K | -1,299 | Closed |
|
|
HGWM
158
Harvest Group Wealth Management
Waltham,
Massachusetts
| – | -$10K | -455 | Closed |
|
|
BL
159
Balentine LLC
Atlanta,
Georgia
| – | -$6K | -299 | Closed |
|
|
PMFA
160
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$3K | -150 | Closed |
|
|
PWMG
161
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$1K | -55 | Closed |
|
TS Hedge Fund Activity: Q4 2019 in Review
143 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q4 2019, worth a combined $1.52B — down 14% from $1.77B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new TS positions and 19 closed out — a net gain of 6 holders — while 33 added to existing stakes and 60 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $58.3M. The largest seller was Egerton Capital (UK), exiting entirely with an estimated $249M sold.
- 143 institutional investors held Tenaris (TS) as of Q4 2019, up from 138 in Q3 2019.
- Funds reported $1.52B of Tenaris stock for Q4 2019, down 14% quarter-over-quarter.
- 25 funds opened new Tenaris positions in Q4 2019 and 19 closed out, a net change of +6 holders.
- The largest Tenaris buyer in Q4 2019 was Renaissance Technologies, an estimated $58.3M added.
- The largest Tenaris seller in Q4 2019 was Egerton Capital (UK), an estimated $249M sold.
Based on aggregated 13F filings for Q4 2019.