Tenaris
176 hedge funds and large institutions have $2.63B invested in Tenaris in 2018 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 60 increasing their positions, 61 reducing their positions, and 43 closing their positions.
0.76% less ownership
Funds ownership: 14.04% → 13.28% (-0.76%)
2% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 61
12% less funds holding
Funds holding: 199 → 176 (-23)
13% less capital invested
Capital invested by funds: $3.02B → $2.63B (-$390M)
49% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 43
59% less call options, than puts
Call options by funds: $2.45M | Put options by funds: $6.02M
60% less funds holding in top 10
Funds holding in top 10: 10 → 4 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$83.5M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$65M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$27.9M |
| 4 |
Jane Street
New York
|
+$23.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RL
Ruffer LLP
London,
United Kingdom
|
-$60.9M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$58.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$55.9M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
-$25.5M |
| 5 |
Renaissance Technologies
New York
|
-$24.7M |
TS Hedge Fund Activity: Q3 2018 in Review
176 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q3 2018, worth a combined $2.63B — down 13% from $3.02B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of TS and 22 opened new positions — a net loss of 21 holders — while 61 trimmed existing stakes and 60 added.
The largest buyer was Egerton Capital (UK), adding an estimated $83.5M. The largest seller was Ruffer LLP, cutting an estimated $60.9M.
- 176 institutional investors held Tenaris (TS) as of Q3 2018, down from 199 in Q2 2018.
- Funds reported $2.63B of Tenaris stock for Q3 2018, down 13% quarter-over-quarter.
- 22 funds opened new Tenaris positions in Q3 2018 and 43 closed out, a net change of -21 holders.
- The largest Tenaris buyer in Q3 2018 was Egerton Capital (UK), an estimated $83.5M added.
- The largest Tenaris seller in Q3 2018 was Ruffer LLP, an estimated $60.9M sold.
Based on aggregated 13F filings for Q3 2018.