Tenaris
222 hedge funds and large institutions have $2.16B invested in Tenaris in 2023 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 72 increasing their positions, 82 reducing their positions, and 27 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
37% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 27
12% more capital invested
Capital invested by funds: $1.94B → $2.16B (+$224M)
3% more funds holding
Funds holding: 215 → 222 (+7)
1% more call options, than puts
Call options by funds: $3.25M | Put options by funds: $3.21M
0.07% more ownership
Funds ownership: 5.2% → 5.27% (+0.07%)
12% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$185M |
| 2 |
Millennium Management
New York
|
+$78.1M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$41.2M |
| 4 |
SG
Sourcerock Group
Denver,
Colorado
|
+$33.3M |
| 5 |
CC
Carrhae Capital
London,
United Kingdom
|
+$22.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$101M |
| 2 |
VanEck Associates
New York
|
-$33.7M |
| 3 |
Two Sigma Investments
New York
|
-$27.2M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$26.9M |
| 5 |
D.E. Shaw & Co
New York
|
-$24.8M |
TS Hedge Fund Activity: Q4 2023 in Review
222 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q4 2023, worth a combined $2.16B — up 12% from $1.94B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new TS positions and 27 closed out — a net gain of 10 holders — while 72 added to existing stakes and 82 trimmed.
The largest buyer was Orbis Allan Gray, adding an estimated $185M. The largest seller was Arrowstreet Capital, cutting an estimated $101M.
- 222 institutional investors held Tenaris (TS) as of Q4 2023, up from 215 in Q3 2023.
- Funds reported $2.16B of Tenaris stock for Q4 2023, up 12% quarter-over-quarter.
- 37 funds opened new Tenaris positions in Q4 2023 and 27 closed out, a net change of +10 holders.
- The largest Tenaris buyer in Q4 2023 was Orbis Allan Gray, an estimated $185M added.
- The largest Tenaris seller in Q4 2023 was Arrowstreet Capital, an estimated $101M sold.
Based on aggregated 13F filings for Q4 2023.