Tenaris
169 hedge funds and large institutions have $2.53B invested in Tenaris in 2017 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 59 increasing their positions, 54 reducing their positions, and 17 closing their positions.
53% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 17
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2% more funds holding
Funds holding: 165 → 169 (+4)
9% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 54
0.42% less ownership
Funds ownership: 8% → 7.57% (-0.42%)
14% less capital invested
Capital invested by funds: $2.94B → $2.53B (-$410M)
51% less call options, than puts
Call options by funds: $2.23M | Put options by funds: $4.55M
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$37.3M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$34.3M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$19.4M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$18.3M |
| 5 |
TCM
TVR Capital Management
Stamford,
Connecticut
|
+$16.3M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$102M |
| 2 |
Millennium Management
New York
|
-$52.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$37.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$17.9M |
| 5 |
SCM
SIR Capital Management
New York
|
-$11.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VIA
176
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$277K | -8,904 | Closed |
|
|
CM
177
CoreCommodity Management
Stamford,
Connecticut
| – | -$66K | -2,119 | Closed |
|
178
Creative Planning
Overland Park,
Kansas
| – | -$51K | -1,649 | Closed |
|
179
Bessemer Group
Woodbridge,
New Jersey
| – | -$31K | -1,010 | Closed |
|
|
AIM
180
Acrospire Investment Management
Chicago,
Illinois
| – | -$22K | -700 | Closed |
|
|
KLC
181
Knowledge Leaders Capital
Denver,
Colorado
| – | -$15K | -494 | Closed |
|
|
HR
182
Howe & Rusling
Rochester,
New York
| – | -$14K | -450 | Closed |
|
|
CAW
183
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$8K | -257 | Closed |
|
|
ST
184
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$3K | -106 | Closed |
|
|
GEA
185
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$3.11K | -100 | Closed |
|
186
AssetMark Inc
Concord,
California
| – | +$321 | +11 | New |
|
TS Hedge Fund Activity: Q3 2017 in Review
169 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q3 2017, worth a combined $2.53B — down 14% from $2.94B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TS positions and 17 closed out — a net gain of 9 holders — while 59 added to existing stakes and 54 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $37.3M. The largest seller was Invesco, exiting entirely with an estimated $102M sold.
- 169 institutional investors held Tenaris (TS) as of Q3 2017, up from 165 in Q2 2017.
- Funds reported $2.53B of Tenaris stock for Q3 2017, down 14% quarter-over-quarter.
- 26 funds opened new Tenaris positions in Q3 2017 and 17 closed out, a net change of +9 holders.
- The largest Tenaris buyer in Q3 2017 was Morgan Stanley, an estimated $37.3M added.
- The largest Tenaris seller in Q3 2017 was Invesco, an estimated $102M sold.
Based on aggregated 13F filings for Q3 2017.