Tenaris
235 hedge funds and large institutions have $2.2B invested in Tenaris in 2024 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 74 increasing their positions, 80 reducing their positions, and 29 closing their positions.
59% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 29
31% more call options, than puts
Call options by funds: $6.93M | Put options by funds: $5.29M
6% more funds holding
Funds holding: 221 → 235 (+14)
0.62% less ownership
Funds ownership: 5.41% → 4.79% (-0.62%)
1% less capital invested
Capital invested by funds: $2.22B → $2.2B (-$24.2M)
8% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 80
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| 1 |
SG
Sourcerock Group
Denver,
Colorado
|
+$39.2M |
| 2 |
Renaissance Technologies
New York
|
+$32.6M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$19M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$16.4M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
+$13.7M |
Top Sellers
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$71M |
| 2 |
Morgan Stanley
New York
|
-$59.6M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$52.8M |
| 4 |
CC
Carrhae Capital
London,
United Kingdom
|
-$23.6M |
| 5 |
MIM
Merewether Investment Management
Dallas,
Texas
|
-$21.6M |
TS Hedge Fund Activity: Q1 2024 in Review
235 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Tenaris (TS) for Q1 2024, worth a combined $2.2B — down 1.1% from $2.22B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new TS positions and 29 closed out — a net gain of 17 holders — while 74 added to existing stakes and 80 trimmed.
The largest buyer was Sourcerock Group, adding an estimated $39.2M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $71M sold.
- 235 institutional investors held Tenaris (TS) as of Q1 2024, up from 221 in Q4 2023.
- Funds reported $2.2B of Tenaris stock for Q1 2024, down 1.1% quarter-over-quarter.
- 46 funds opened new Tenaris positions in Q1 2024 and 29 closed out, a net change of +17 holders.
- The largest Tenaris buyer in Q1 2024 was Sourcerock Group, an estimated $39.2M added.
- The largest Tenaris seller in Q1 2024 was Arrowstreet Capital, an estimated $71M sold.
Based on aggregated 13F filings for Q1 2024.