Tenaris
118 hedge funds and large institutions have $642M invested in Tenaris in 2020 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 34 increasing their positions, 50 reducing their positions, and 31 closing their positions.
710% more call options, than puts
Call options by funds: $4.27M | Put options by funds: $527K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0.45% less ownership
Funds ownership: 6.01% → 5.56% (-0.45%)
9% less funds holding
Funds holding: 130 → 118 (-12)
30% less capital invested
Capital invested by funds: $918M → $642M (-$276M)
32% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 50
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$14.1M |
| 2 |
WGI
Westwood Global Investments
Boston,
Massachusetts
|
+$11.7M |
| 3 |
LIA
LSP Investment Advisors
New York
|
+$11M |
| 4 |
SIS
Susquehanna International Securities
Dublin,
Ireland
|
+$7.58M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$7.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$16.3M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$14.9M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$11.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.1M |
TS Hedge Fund Activity: Q3 2020 in Review
118 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q3 2020, worth a combined $642M — down 30% from $918M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of TS and 20 opened new positions — a net loss of 11 holders — while 50 trimmed existing stakes and 34 added.
The largest buyer was Renaissance Technologies, adding an estimated $14.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $19.3M.
- 118 institutional investors held Tenaris (TS) as of Q3 2020, down from 130 in Q2 2020.
- Funds reported $642M of Tenaris stock for Q3 2020, down 30% quarter-over-quarter.
- 20 funds opened new Tenaris positions in Q3 2020 and 31 closed out, a net change of -11 holders.
- The largest Tenaris buyer in Q3 2020 was Renaissance Technologies, an estimated $14.1M added.
- The largest Tenaris seller in Q3 2020 was T. Rowe Price Associates, an estimated $19.3M sold.
Based on aggregated 13F filings for Q3 2020.