Tenaris
130 hedge funds and large institutions have $1.03B invested in Tenaris in 2021 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 53 increasing their positions, 43 reducing their positions, and 21 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 43
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.49% less ownership
Funds ownership: 4.62% → 4.13% (-0.49%)
9% less funds holding
Funds holding: 143 → 130 (-13)
14% less capital invested
Capital invested by funds: $1.19B → $1.03B (-$165M)
57% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 21
61% less call options, than puts
Call options by funds: $3.99M | Put options by funds: $10.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WGI
Westwood Global Investments
Boston,
Massachusetts
|
+$18.1M |
| 2 |
Millennium Management
New York
|
+$14.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$10.3M |
| 4 |
SCM
SIR Capital Management
New York
|
+$8.71M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$8.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$60.5M |
| 2 |
Renaissance Technologies
New York
|
-$30.8M |
| 3 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$24.1M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$14.5M |
| 5 |
VanEck Associates
New York
|
-$10.8M |
TS Hedge Fund Activity: Q3 2021 in Review
130 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q3 2021, worth a combined $1.03B — down 14% from $1.19B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of TS and 9 opened new positions — a net loss of 12 holders — while 43 trimmed existing stakes and 53 added.
The largest buyer was Westwood Global Investments, adding an estimated $18.1M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $60.5M sold.
- 130 institutional investors held Tenaris (TS) as of Q3 2021, down from 143 in Q2 2021.
- Funds reported $1.03B of Tenaris stock for Q3 2021, down 14% quarter-over-quarter.
- 9 funds opened new Tenaris positions in Q3 2021 and 21 closed out, a net change of -12 holders.
- The largest Tenaris buyer in Q3 2021 was Westwood Global Investments, an estimated $18.1M added.
- The largest Tenaris seller in Q3 2021 was Arrowstreet Capital, an estimated $60.5M sold.
Based on aggregated 13F filings for Q3 2021.