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164 hedge funds and large institutions have $3.69B invested in Tenaris in 2016 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 53 increasing their positions, 50 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

587% more call options, than puts

Call options by funds: $7.48M | Put options by funds: $1.09M

50% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 26

37% more capital invested

Capital invested by funds: $2.7B → $3.69B (+$989M)

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

6% more funds holding

Funds holding: 155164 (+9)

6% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 50

0.69% more ownership

Funds ownership: 8.05%8.75% (+0.69%)

Holders
164
Holders Change
+9
Holders Change %
+5.81%
% of All Funds
4.1%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.2%
New
39
Increased
53
Reduced
50
Closed
26
Calls
$7.48M
Puts
$1.09M
Net Calls
+$6.39M
Net Calls Change
+$14.5M
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
1
Aberdeen Asset Management
United Kingdom
$953M -$229M -7,330,930 -22%
HL
2
Harding Loevner
New Jersey
$559M +$12.2M +389,151 +3%
WGI
3
Westwood Global Investments
Massachusetts
$297M +$4.47M +142,804 +2%
Artisan Partners
4
Artisan Partners
Wisconsin
$169M +$148M +4,739,296 New
KP
5
Kiltearn Partners
United Kingdom
$160M +$2.65M +84,696 +2%
VanEck Associates
6
VanEck Associates
New York
$127M +$48.4M +1,547,870 +77%
Federated Hermes
7
Federated Hermes
Pennsylvania
$104M +$79.2M +2,529,819 +673%
RL
8
Ruffer LLP
United Kingdom
$93.5M +$81.5M +2,605,006 New
Wellington Management Group
9
Wellington Management Group
Massachusetts
$91.5M -$2.56M -81,951 -3%
T. Rowe Price Associates
10
T. Rowe Price Associates
Maryland
$85M -$7.04M -224,949 -9%
Invesco
11
Invesco
Georgia
$83.9M +$66M +2,108,302 +874%
Mackenzie Financial
12
Mackenzie Financial
Ontario, Canada
$75.3M -$813K -25,981 -1%
CC
13
Carlson Capital
Texas
$60.7M -$16.6M -531,144 -24%
Alyeska Investment Group
14
Alyeska Investment Group
Illinois
$56.4M +$49.4M +1,578,272 New
Goldman Sachs
15
Goldman Sachs
New York
$46.6M +$2.45M +78,216 +6%
DCM
16
Discovery Capital Management
Connecticut
$44.3M +$38.8M +1,239,788 New
Franklin Resources
17
Franklin Resources
California
$43.9M -$1.67M -53,488 -4%
WHG
18
Westwood Holdings Group
Texas
$43.2M -$9.78M -312,610 -21%
SAM
19
Sheffield Asset Management
Illinois
$43.2M -$22M -703,200 -37%
3CP
20
3G Capital Partners
New York
$35.7M +$31.3M +1,000,000 New
Legal & General Group
21
Legal & General Group
United Kingdom
$31.1M -$992K -31,691 -4%
WRF
22
Waddell & Reed Financial
Kansas
$28.7M +$482K +15,400 +2%
Wells Fargo
23
Wells Fargo
California
$28.2M +$388K +12,395 +2%
Northern Trust
24
Northern Trust
Illinois
$26.6M +$5.82M +186,016 +33%
Russell Investments Group
25
Russell Investments Group
United Kingdom
$25.4M +$22.4M +714,431 New

TS Hedge Fund Activity: Q4 2016 in Review

164 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q4 2016, worth a combined $3.69B — up 37% from $2.7B a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new TS positions and 26 closed out — a net gain of 13 holders — while 53 added to existing stakes and 50 trimmed.

The largest buyer was Artisan Partners, opening a new position worth an estimated $148M. The largest seller was Aberdeen Asset Management, cutting an estimated $229M.

  • 164 institutional investors held Tenaris (TS) as of Q4 2016, up from 155 in Q3 2016.
  • Funds reported $3.69B of Tenaris stock for Q4 2016, up 37% quarter-over-quarter.
  • 39 funds opened new Tenaris positions in Q4 2016 and 26 closed out, a net change of +13 holders.
  • The largest Tenaris buyer in Q4 2016 was Artisan Partners, an estimated $148M added.
  • The largest Tenaris seller in Q4 2016 was Aberdeen Asset Management, an estimated $229M sold.

Based on aggregated 13F filings for Q4 2016.