Which hedge funds own TS? TENARIS S A, Q2 2026 13F holders
32 tracked hedge funds disclosed a position in TS (TENARIS S A) in their Q2 2026 13F filings, worth $567.6m in total. The largest holder by portfolio weight is SIR Capital Management, L.P. at 2.4% of its book. 15 opened a new position this quarter: SIR Capital Management, L.P., Merewether Investment Management, LP, MQS Management LLC, Freestone Grove Partners LP. 6 exited: Gallo Partners, LP, FORA Capital, LLC, North of South Capital LLP.
- 32
- Holders Tracked managers whose filing for the quarter reports a long equity position in the security.
- 15
- New this quarter Holders whose previous filing (at most two quarters earlier) did not report the security.
- 6
- Exited this quarter Tracked managers whose previous filing reported the security and whose filing for the quarter does not.
- $199m
- Inflow, new holders Combined value of the positions the new holders reported for the quarter.
- $4.6m
- Outflow, exits Combined value the exiting managers reported for the security in their previous filing.
- $568m
- Combined value Sum of the holders' reported positions in the security.
- 2.6%
- Share of managers holding Holders as a share of tracked managers filing for that quarter. Comparable across the 2024 coverage expansion, where the raw holder count is not.
Holders, Q2 2026
Exited since the previous filing
| Gallo Partners, LP | 1.1% | $552k |
| FORA Capital, LLC | 0.10% | $1.3m |
| North of South Capital LLP | 0.09% | $1.1m |
| Gsa Capital Partners LLP | 0.03% | $470k |
| Arrowstreet Capital, Limited Partnership | 0.0% | $711k |
| Two Sigma Investments, LP | 0.0% | $442k |
Ownership over time
Who discovered TS first? Beta
The run: Q4 2004 → Q2 2008, +662%
| Sourcerock Group LLC high conviction | Q2 2021 | – | +2.7 pts |
| Baillie Gifford | Q2 2005 | 0.06% | +2.0 pts |
| Merewether Investment Management, LP | Q1 2022 | – | +0.7 pts |
| Luminus Management LLC | Q3 2017 | – | +0.4 pts |
| Campbell & CO Investment Adviser LLC | Q3 2017 | – | +0.1 pts |
| Carrhae Capital LLP | Q4 2023 | – | −0.2 pts |
| Arosa Capital Management LP high conviction | Q1 2018 | – | −0.2 pts |
| Egerton Capital (UK) LLP | Q2 2018 | – | −1.3 pts |
Split-adjusted quarter-end prices, excluding dividends. They describe the stock while each manager held it, not the return it earned.