Tenaris
160 hedge funds and large institutions have $2.41B invested in Tenaris in 2019 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 52 increasing their positions, 60 reducing their positions, and 38 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
30% more capital invested
Capital invested by funds: $1.85B → $2.41B (+$557M)
0.03% less ownership
Funds ownership: 7.25% → 7.22% (-0.03%)
6% less funds holding
Funds holding: 171 → 160 (-11)
13% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 60
21% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 38
36% less call options, than puts
Call options by funds: $6.38M | Put options by funds: $9.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
+$136M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$112M |
| 3 |
Millennium Management
New York
|
+$60.6M |
| 4 |
EP
Engadine Partners
London,
United Kingdom
|
+$31.1M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$30.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$263M |
| 2 |
Renaissance Technologies
New York
|
-$40.5M |
| 3 |
D.E. Shaw & Co
New York
|
-$40.4M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$39.2M |
| 5 |
Morgan Stanley
New York
|
-$31.1M |
TS Hedge Fund Activity: Q1 2019 in Review
160 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q1 2019, worth a combined $2.41B — up 30% from $1.85B a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of TS and 30 opened new positions — a net loss of 8 holders — while 60 trimmed existing stakes and 52 added.
The largest buyer was Egerton Capital (UK), adding an estimated $136M. The largest seller was Harding Loevner, cutting an estimated $263M.
- 160 institutional investors held Tenaris (TS) as of Q1 2019, down from 171 in Q4 2018.
- Funds reported $2.41B of Tenaris stock for Q1 2019, up 30% quarter-over-quarter.
- 30 funds opened new Tenaris positions in Q1 2019 and 38 closed out, a net change of -8 holders.
- The largest Tenaris buyer in Q1 2019 was Egerton Capital (UK), an estimated $136M added.
- The largest Tenaris seller in Q1 2019 was Harding Loevner, an estimated $263M sold.
Based on aggregated 13F filings for Q1 2019.