Tenaris
155 hedge funds and large institutions have $2.7B invested in Tenaris in 2016 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 54 increasing their positions, 44 reducing their positions, and 26 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 44
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
8% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 26
0% more funds holding
Funds holding: 155 → 155 (0)
0.17% less ownership
Funds ownership: 8.23% → 8.05% (-0.17%)
4% less capital invested
Capital invested by funds: $2.8B → $2.7B (-$101M)
84% less call options, than puts
Call options by funds: $1.58M | Put options by funds: $9.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WGI
Westwood Global Investments
Boston,
Massachusetts
|
+$36.9M |
| 2 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
+$28M |
| 3 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$15.1M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$13.9M |
| 5 |
Neuberger Berman Group
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$51.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$41.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$31.5M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$28M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$20M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
HSBC Holdings
London,
United Kingdom
| – | -$208K | -7,195 | Closed |
|
177
Simplex Trading
Chicago,
Illinois
| – | -$109K | -3,966 | Closed |
|
|
CCA
178
Checchi Capital Advisers
Beverly Hills,
California
| – | -$100K | -3,475 | Closed |
|
179
Group One Trading
Chicago,
Illinois
| – | -$46K | -1,592 | Closed |
|
180
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$37K | -1,282 | Closed |
|
|
AP
181
Advisors Preferred
Rockville,
Maryland
| – | -$14K | -500 | Closed |
|
|
RFWA
182
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$11.5K | -400 | Closed |
|
TS Hedge Fund Activity: Q3 2016 in Review
155 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q3 2016, worth a combined $2.7B — down 3.6% from $2.8B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TS positions and 26 closed out — a net gain of 2 holders — while 54 added to existing stakes and 44 trimmed.
The largest buyer was Westwood Global Investments, adding an estimated $36.9M. The largest seller was Arrowstreet Capital, cutting an estimated $51.6M.
- 155 institutional investors held Tenaris (TS) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $2.7B of Tenaris stock for Q3 2016, down 3.6% quarter-over-quarter.
- 28 funds opened new Tenaris positions in Q3 2016 and 26 closed out, a net change of +2 holders.
- The largest Tenaris buyer in Q3 2016 was Westwood Global Investments, an estimated $36.9M added.
- The largest Tenaris seller in Q3 2016 was Arrowstreet Capital, an estimated $51.6M sold.
Based on aggregated 13F filings for Q3 2016.