Tenaris
150 hedge funds and large institutions have $5.49B invested in Tenaris in 2014 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 48 increasing their positions, 50 reducing their positions, and 26 closing their positions.
342% more call options, than puts
Call options by funds: $29.5M | Put options by funds: $6.68M
0.23% more ownership
Funds ownership: 9.96% → 10.19% (+0.23%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less capital invested
Capital invested by funds: $5.55B → $5.49B (-$66.3M)
4% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 50
3% less funds holding
Funds holding: 154 → 150 (-4)
12% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$56.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$29.9M |
| 3 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$22.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$16.2M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$16M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$11.3M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$6.54M |
| 4 |
Bank of New York Mellon
New York
|
-$6.25M |
| 5 |
Millennium Management
New York
|
-$6.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$14.8K | +329 | +152% |
|
TS Hedge Fund Activity: Q3 2014 in Review
150 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q3 2014, worth a combined $5.49B — down 1.2% from $5.55B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TS and 23 opened new positions — a net loss of 3 holders — while 50 trimmed existing stakes and 48 added.
The largest buyer was Egerton Capital (UK), opening a new position worth an estimated $56.4M. The largest seller was Norges Bank, cutting an estimated $16M.
- 150 institutional investors held Tenaris (TS) as of Q3 2014, down from 154 in Q2 2014.
- Funds reported $5.49B of Tenaris stock for Q3 2014, down 1.2% quarter-over-quarter.
- 23 funds opened new Tenaris positions in Q3 2014 and 26 closed out, a net change of -3 holders.
- The largest Tenaris buyer in Q3 2014 was Egerton Capital (UK), an estimated $56.4M added.
- The largest Tenaris seller in Q3 2014 was Norges Bank, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2014.