Tenaris
138 hedge funds and large institutions have $1.77B invested in Tenaris in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 55 increasing their positions, 47 reducing their positions, and 35 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
17% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 47
0.04% more ownership
Funds ownership: 7.05% → 7.08% (+0.04%)
14% less funds holding
Funds holding: 160 → 138 (-22)
19% less capital invested
Capital invested by funds: $2.19B → $1.77B (-$418M)
55% less call options, than puts
Call options by funds: $2.54M | Put options by funds: $5.61M
63% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$84.7M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$60.4M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$37.3M |
| 4 |
Morgan Stanley
New York
|
+$33.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$22.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECU
Egerton Capital (UK)
London,
United Kingdom
|
-$58M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$46.7M |
| 3 |
Millennium Management
New York
|
-$41.4M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$29.4M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$27M |
TS Hedge Fund Activity: Q3 2019 in Review
138 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q3 2019, worth a combined $1.77B — down 19% from $2.19B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of TS and 13 opened new positions — a net loss of 22 holders — while 47 trimmed existing stakes and 55 added.
The largest buyer was Renaissance Technologies, adding an estimated $84.7M. The largest seller was Egerton Capital (UK), cutting an estimated $58M.
- 138 institutional investors held Tenaris (TS) as of Q3 2019, down from 160 in Q2 2019.
- Funds reported $1.77B of Tenaris stock for Q3 2019, down 19% quarter-over-quarter.
- 13 funds opened new Tenaris positions in Q3 2019 and 35 closed out, a net change of -22 holders.
- The largest Tenaris buyer in Q3 2019 was Renaissance Technologies, an estimated $84.7M added.
- The largest Tenaris seller in Q3 2019 was Egerton Capital (UK), an estimated $58M sold.
Based on aggregated 13F filings for Q3 2019.