Tenaris
140 hedge funds and large institutions have $3.89B invested in Tenaris in 2014 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 45 increasing their positions, 44 reducing their positions, and 42 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 44
0.7% more ownership
Funds ownership: 10.19% → 10.89% (+0.7%)
7% less funds holding
Funds holding: 150 → 140 (-10)
17% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 42
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
29% less capital invested
Capital invested by funds: $5.49B → $3.89B (-$1.6B)
85% less call options, than puts
Call options by funds: $4.19M | Put options by funds: $28M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$138M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$78.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$60.9M |
| 4 |
Two Sigma Investments
New York
|
+$52.9M |
| 5 |
Goldman Sachs
New York
|
+$32.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$186M |
| 2 |
Bank of New York Mellon
New York
|
-$67.2M |
| 3 |
O
OppenheimerFunds
New York
|
-$63.9M |
| 4 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$57.1M |
| 5 |
Neuberger Berman Group
New York
|
-$28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
RhumbLine Advisers
Boston,
Massachusetts
| – | -$215K | -4,725 | Closed |
|
|
RFA
177
Reilly Financial Advisors
La Mesa,
California
| – | -$48K | -1,055 | Closed |
|
|
AIG
178
American International Group
New York
| – | -$22.8K | -500 | Closed |
|
|
HRIA
179
Haberer Registered Investment Advisor
Cincinnati,
Ohio
| – | -$11K | -250 | Closed |
|
180
ClearBridge Investments
New York
| – | -$5K | -110 | Closed |
|
|
PFO
181
Pathstone Family Office
Englewood,
New Jersey
| – | -$4K | -90 | Closed |
|
|
DADC
182
D.A. Davidson & Co
Great Falls,
Montana
| – | -$1.11K | -31 | -82% |
|
TS Hedge Fund Activity: Q4 2014 in Review
140 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q4 2014, worth a combined $3.89B — down 29% from $5.49B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of TS and 35 opened new positions — a net loss of 7 holders — while 44 trimmed existing stakes and 45 added.
The largest buyer was Millennium Management, adding an estimated $138M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $186M sold.
- 140 institutional investors held Tenaris (TS) as of Q4 2014, down from 150 in Q3 2014.
- Funds reported $3.89B of Tenaris stock for Q4 2014, down 29% quarter-over-quarter.
- 35 funds opened new Tenaris positions in Q4 2014 and 42 closed out, a net change of -7 holders.
- The largest Tenaris buyer in Q4 2014 was Millennium Management, an estimated $138M added.
- The largest Tenaris seller in Q4 2014 was Arrowstreet Capital, an estimated $186M sold.
Based on aggregated 13F filings for Q4 2014.