Tenaris
142 hedge funds and large institutions have $2.4B invested in Tenaris in 2016 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 42 increasing their positions, 56 reducing their positions, and 19 closing their positions.
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
4% more funds holding
Funds holding: 137 → 142 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.29% less ownership
Funds ownership: 8.5% → 8.22% (-0.29%)
2% less capital invested
Capital invested by funds: $2.46B → $2.4B (-$56.5M)
16% less call options, than puts
Call options by funds: $2.9M | Put options by funds: $3.47M
25% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$76.7M |
| 2 |
SAM
Sheffield Asset Management
Chicago,
Illinois
|
+$20.1M |
| 3 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$15.9M |
| 4 |
D.E. Shaw & Co
New York
|
+$14.4M |
| 5 |
KP
Kiltearn Partners
Edinburgh,
United Kingdom
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WHV Investments
San Francisco,
California
|
-$88.7M |
| 2 |
Millennium Management
New York
|
-$38.3M |
| 3 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$25M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$19.6M |
| 5 |
Jane Street
New York
|
-$14.6M |
TS Hedge Fund Activity: Q1 2016 in Review
142 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q1 2016, worth a combined $2.4B — down 2.3% from $2.46B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TS positions and 19 closed out — a net gain of 5 holders — while 42 added to existing stakes and 56 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $76.7M. The largest seller was WHV Investments, cutting an estimated $88.7M.
- 142 institutional investors held Tenaris (TS) as of Q1 2016, up from 137 in Q4 2015.
- Funds reported $2.4B of Tenaris stock for Q1 2016, down 2.3% quarter-over-quarter.
- 24 funds opened new Tenaris positions in Q1 2016 and 19 closed out, a net change of +5 holders.
- The largest Tenaris buyer in Q1 2016 was Arrowstreet Capital, an estimated $76.7M added.
- The largest Tenaris seller in Q1 2016 was WHV Investments, an estimated $88.7M sold.
Based on aggregated 13F filings for Q1 2016.