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200 hedge funds and large institutions have $1.93B invested in Tenaris in 2023 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 69 increasing their positions, 73 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

14% more call options, than puts

Call options by funds: $4.72M | Put options by funds: $4.15M

11% more capital invested

Capital invested by funds: $1.74B → $1.93B (+$195M)

0.23% more ownership

Funds ownership: 5.61%5.84% (+0.23%)

5% less repeat investments, than reductions

Existing positions increased: 69 | Existing positions reduced: 73

12% less funds holding

Funds holding: 226200 (-26)

45% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 58

Holders
200
Holders Change
-26
Holders Change %
-11.5%
% of All Funds
3.14%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
32
Increased
69
Reduced
73
Closed
58
Calls
$4.72M
Puts
$4.15M
Net Calls
+$572K
Net Calls Change
+$4.7M
Name Holding Trade Value Shares
Change
Change in
Stake
WGI
1
Westwood Global Investments
Massachusetts
$257M -$7.25M -260,959 -3%
PL
2
Perpetual Ltd
Australia
$241M -$13.1M -471,894 -4%
VanEck Associates
3
VanEck Associates
New York
$120M -$5.31M -191,238 -5%
HL
4
Harding Loevner
New Jersey
$92.7M +$7.65M +275,341 +10%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$91.2M -$5.53M -199,072 -6%
Arrowstreet Capital
6
Arrowstreet Capital
Massachusetts
$84.2M -$35.9M -1,292,282 -31%
Balyasny Asset Management
7
Balyasny Asset Management
Illinois
$83.3M +$77.2M +2,779,911 New
Millennium Management
8
Millennium Management
New York
$79M +$26.9M +967,899 +58%
Morgan Stanley
9
Morgan Stanley
New York
$71.1M -$17M -611,626 -20%
Renaissance Technologies
10
Renaissance Technologies
New York
$54.8M +$21.5M +774,800 +73%
OAG
11
Orbis Allan Gray
Bermuda
$53.9M +$40.3M +1,449,617 +413%
Marshall Wace
12
Marshall Wace
United Kingdom
$43.1M +$16M +576,909 +67%
BlackRock
13
BlackRock
New York
$40M +$1.74M +62,570 +5%
DCM
14
Driehaus Capital Management
Illinois
$34M +$31.5M +1,134,337 New
CCMG
15
Clark Capital Management Group
Pennsylvania
$30.6M +$976K +35,149 +4%
JP Morgan Chase
16
JP Morgan Chase
New York
$27.8M -$1.52M -54,872 -6%
Goldman Sachs
17
Goldman Sachs
New York
$26.3M +$1.57M +56,539 +7%
Two Sigma Investments
18
Two Sigma Investments
New York
$25.1M -$2.92M -105,217 -11%
Citadel Advisors
19
Citadel Advisors
Florida
$25M -$3.36M -121,126 -13%
SCM
20
SIR Capital Management
New York
$21.3M +$19.7M +711,052 New
Lazard Asset Management
21
Lazard Asset Management
New York
$19.8M -$1.72M -62,067 -9%
MPM
22
MBB Public Markets
Illinois
$19.4M +$9M +324,112 +100%
SGDR
23
SPX Gestao de Recursos
Brazil
$16.3M -$699K -25,158 -4%
Natixis Advisors
24
Natixis Advisors
Massachusetts
$14.7M +$8.05M +289,747 +145%
PA
25
Pantechnicon Advisors
United Kingdom
$14.5M +$2.36M +85,000 +21%

TS Hedge Fund Activity: Q2 2023 in Review

200 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q2 2023, worth a combined $1.93B — up 11% from $1.74B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of TS and 32 opened new positions — a net loss of 26 holders — while 73 trimmed existing stakes and 69 added.

The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $77.2M. The largest seller was Arrowstreet Capital, cutting an estimated $35.9M.

  • 200 institutional investors held Tenaris (TS) as of Q2 2023, down from 226 in Q1 2023.
  • Funds reported $1.93B of Tenaris stock for Q2 2023, up 11% quarter-over-quarter.
  • 32 funds opened new Tenaris positions in Q2 2023 and 58 closed out, a net change of -26 holders.
  • The largest Tenaris buyer in Q2 2023 was Balyasny Asset Management, an estimated $77.2M added.
  • The largest Tenaris seller in Q2 2023 was Arrowstreet Capital, an estimated $35.9M sold.

Based on aggregated 13F filings for Q2 2023.