TSAKOS ENERGY NAVIGATION LTD TEN
SHS · Common Stock · CUSIP G9108L173
- SectorIndustrials
- IndustryDeep Sea Foreign Transportation of Freight
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($317.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $29.25. Options: 5 managers hold calls ($4.2m notional), 7 hold puts ($31.4m).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 63 |
| Q4 2022 | 83 |
| Q1 2023 | 79 |
| Q2 2023 | 78 |
| Q3 2023 | 72 |
| Q4 2023 | 82 |
| Q1 2024 | 89 |
| Q2 2024 | 109 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 54 | 24 |
| Q1 2023 | 46 | 45 |
| Q2 2023 | 31 | 49 |
| Q3 2023 | 31 | 44 |
| Q4 2023 | 41 | 41 |
| Q1 2024 | 44 | 40 |
| Q2 2024 | 62 | 38 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $13.2m | $14.6m | 1.11 |
| Q4 2023 | $22.8m | $17.2m | 0.75 |
| Q1 2024 | $9.1m | $21.4m | 2.35 |
| Q2 2024 | $4.2m | $31.4m | 7.42 |
Biggest buyers
| ACADIAN ASSET MANAGEMENT LLC | New | +172.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +170.7k |
| TWO SIGMA ADVISERS, LP | Added | +164.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +121.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +106.5k |
| Qube Research & Technologies Ltd | Added | +87.7k |
| JPMORGAN CHASE & CO | Added | +82.5k |
| COMMONWEALTH EQUITY SERVICES, LLC | Added | +82.3k |
| GOLDMAN SACHS GROUP INC | Added | +59.6k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +58.9k |
Biggest sellers
| MARSHALL WACE, LLP | Sold out | -166.2k |
| Mirae Asset Global Investments Co., Ltd. | Sold out | -164.3k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -148.8k |
| MORGAN STANLEY | Reduced | -139.6k |
| CITADEL ADVISORS LLC | Reduced | -124.0k |
| HENNESSY ADVISORS INC | Sold out | -85.8k |
| JANE STREET GROUP, LLC | Reduced | -69.9k |
| Cubist Systematic Strategies, LLC | Reduced | -55.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -45.0k |
| Quadrature Capital Ltd | Reduced | -27.6k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $1.8m62.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.0m34.6k shares |
| D. E. Shaw & Co., Inc. | New | $916.5k31.3k shares |
| WOLVERINE TRADING, LLC | Reduced | $237.2k8.1k shares |
| GTS SECURITIES LLC | New | $228.4k7.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.1m686.9k shares |
| CITADEL ADVISORS LLC | Reduced | $5.7m193.9k shares |
| JANE STREET GROUP, LLC | Added | $3.6m121.8k shares |
| GROUP ONE TRADING LLC | Added | $1.2m41.6k shares |
| WOLVERINE TRADING, LLC | Added | $770.1k26.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $61.0k57.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
SEA CONSOLIDATION S A OF PANAMA
13D · may seek influence
filed 2025-05-16
Stated purposeItem 4 is hereby amended by adding the following paragraphs: Each of Sea Consolidation, Intermed, Methoni, TEM and Nikolas P. Tsakos acquired 115,000 Common Shares, 80,000 Common Shares, 60,000 Common Shares, 40,000 Common Shares and 405,000 Common Shares, respectively, to increase its investment in the Company. Each of Sea Consolidation, Intermed, Methoni, TEM and Nikolas P. Tsakos is holding its Common Shares solely for investment purposes and each has no plans or proposals with respect to any material change in the Company's business or corporate structure or, generally, any other action referred to in instructions (a) through (j) of Item 4 of the form of Schedule 13D. Each of the Reporting Persons reserve the right to change their intentions, as they deem appropriate. Depending on ma… Full filing |
16.7% |
TSAKOS HOLDINGS FOUNDATION
13D · may seek influence
filed 2025-05-16
Stated purposeItem 4 is hereby amended by adding the following paragraph: See the response to Item 3, which is incorporated by reference herein. None of the Reporting Persons has any plans or proposals with respect to any material change in the Company's business or corporate structure or, generally, any other action referred to instructions (a) through (j) of Item 4 of the form of Schedule 13D. Each of the Reporting Persons reserve the right to change their intentions, as they deem appropriate. Depending on market conditions and other factors that they may deem material, each of the Reporting Persons may, in privately negotiated transactions, in the open market or otherwise, purchase additional Common Shares and/or related securities, dispose of all or a portion of the Common Shares or related securit… Full filing |
10.7% |
Fell to 5% or below in the last year: CastleKnight Master Fund LP (4.1%, 2026-02-17)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 581.6k $17.0m | Added +106.5k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 545.3k $16.0m | Added +164.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 545.0k $16.0m | Added +58.9k |
| Pale Fire Capital SE 1.67% of their portfolio | 507.2k $14.9m | Reduced -21.6k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 399.3k $11.7m | Added +43.2k |
| FOUNDATION RESOURCE MANAGEMENT INC 1.73% of their portfolio | 368.9k $10.8m | Reduced -212 |
| MORGAN STANLEY 0.00% of their portfolio | 325.5k $9.5m | Reduced -139.6k |
| Walleye Capital LLC 0.10% of their portfolio | 319.4k $9.4m | Added +14.9k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 203.6k $6.0m | Added +170.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 195.9k $5.7m | Added +121.3k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 172.6k $5.0m | New |
| GRATIA CAPITAL, LLC 7.17% of their portfolio | 159.0k $4.7m | Added +10.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 152.6k $4.5m | Reduced -45.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio | 152.0k $4.4m | First filing |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 130.7k $3.8m | Added +82.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 117.3k $3.4m | Reduced -124.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 105.7k $3.1m | Added +59.6k |
| Dorsey Wright & Associates 0.80% of their portfolio | 105.3k $3.1m | Reduced -1.4k |
| Glenorchy Capital Ltd 2.25% of their portfolio | 104.3k $3.1m | Added +7.8k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 101.7k $3.0m | Added +87.7k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 96.5k $2.8m | Added +82.3k |
| Moors & Cabot, Inc. 0.13% of their portfolio | 81.5k $2.4m | Added +775 |
| HARVEY CAPITAL MANAGEMENT INC 0.59% of their portfolio | 76.5k $2.2m | Not comparable |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 74.0k $2.2m | Added +47.0k |
| Invesco Ltd. 0.00% of their portfolio | 73.3k $2.1m | Added +852 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 69.3k $2.0m | Reduced -8.2k |
| CastleKnight Management LP 0.25% of their portfolio | 64.2k $1.9m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 57.1k $1.7m | Reduced -542 |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 55.2k $1.6m | Added +2.4k |
| Numerai GP LLC 0.51% of their portfolio | 47.6k $1.4m | New |
| GSA CAPITAL PARTNERS LLP 0.10% of their portfolio | 46.7k $1.4m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 46.4k $1.4m | Reduced -856 |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 45.8k $1.3m | Reduced -6.9k |
| Cubist Systematic Strategies, LLC 0.02% of their portfolio | 45.0k $1.3m | Reduced -55.3k |
| GROUP ONE TRADING LLC 0.04% of their portfolio | 41.6k $1.2m | Added +24.9k |
| SIMPLEX TRADING, LLC 0.04% of their portfolio | 41.1k $1.2m | Reduced -3.0k |
| UBS Group AG 0.00% of their portfolio | 36.0k $1.1m | Added +7.2k |
| Jump Financial, LLC 0.02% of their portfolio | 34.7k $1.0m | Added +7.4k |
| Vident Advisory, LLC 0.02% of their portfolio | 30.0k $878.6k | Added +8.4k |
| Quadrature Capital Ltd 0.01% of their portfolio | 27.1k $794.8k | Reduced -27.6k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 26.3k $769.3k | Added +785 |
| DIVERSIFY WEALTH MANAGEMENT, LLC 0.07% of their portfolio | 25.4k $599.1k | First filing |
| AdvisorShares Investments LLC 0.13% of their portfolio | 25.0k $743.3k | Reduced -600 |
| TOWNSQUARE CAPITAL LLC 0.01% of their portfolio | 22.2k $650.7k | Added +138 |
| SG Americas Securities, LLC 0.00% of their portfolio | 21.3k $623.0k | New |
| Gratus Capital, LLC 0.02% of their portfolio | 21.0k $614.9k | Unchanged |
| Centiva Capital, LP 0.03% of their portfolio | 21.0k $613.9k | Added +6.6k |
| Quantedge Capital Pte Ltd 0.21% of their portfolio | 19.8k $579.7k | New |
| Atria Investments, Inc 0.01% of their portfolio | 19.5k $571.7k | New |
| Campbell & CO Investment Adviser LLC 0.05% of their portfolio | 18.8k $551.8k | Added +8.9k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 18.3k $536.1k | Reduced -2.7k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 18.3k $535.3k | Reduced -69.9k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 17.5k $512.2k | Reduced -628 |
| Cerity Partners LLC 0.00% of their portfolio | 17.0k $497.8k | New |
| Sanctuary Advisors, LLC 0.00% of their portfolio | 16.9k $438.5k | First filing |
| HRT FINANCIAL LP 0.00% of their portfolio | 16.8k $491.0k | New |
| Y-Intercept (Hong Kong) Ltd 0.03% of their portfolio | 16.5k $482.3k | New |
| De Lisle Partners LLP 0.10% of their portfolio | 16.3k $478.7k | New |
| Engineers Gate Manager LP 0.01% of their portfolio | 15.1k $442.4k | Added +5.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 15.1k $440.8k | Added +11.7k |
| Magnetar Financial LLC 0.01% of their portfolio | 14.2k $414.5k | New |
| Cetera Investment Advisers 0.00% of their portfolio | 13.4k $392.3k | Reduced -459 |
| BlackRock Inc. 0.00% of their portfolio | 12.7k $371.1k | Reduced -10.9k |
| Susquehanna Portfolio Strategies, LLC 0.01% of their portfolio | 11.3k $329.7k | Unchanged |
| Aigen Investment Management, LP 0.06% of their portfolio | 11.1k $324.4k | New |
| Diversify Advisory Services, LLC 0.02% of their portfolio | 10.5k $287.1k | Reduced -17.8k |
| Nebula Research & Development LLC 0.05% of their portfolio | 10.5k $307.9k | New |
| LPL Financial LLC 0.00% of their portfolio | 9.8k $287.7k | Reduced -331 |
| Beverly Hills Private Wealth, LLC 0.06% of their portfolio | 9.4k $274.8k | Added +551 |
| State of Wyoming 0.04% of their portfolio | 9.2k $268.6k | Reduced -1.2k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 8.9k $261.2k | New |
| Aquatic Capital Management LLC 0.01% of their portfolio | 8.7k $254.7k | Added +5.6k |
| Claro Advisors Inc. 0.04% of their portfolio | 8.5k $249.7k | Added +106 |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 8.5k $248.1k | New |
| Vontobel Holding Ltd. 0.00% of their portfolio | 8.3k $242.4k | Reduced -675 |
| ZACKS INVESTMENT MANAGEMENT 0.00% of their portfolio | 8.1k $236.6k | Unchanged |
| WealthTrust Axiom LLC 0.08% of their portfolio | 8.1k $235.9k | Reduced -250 |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 7.9k $229.9k | New |
| WRAPMANAGER INC 0.06% of their portfolio | 7.7k $226.6k | Reduced -1.5k |
| Counterpoint Mutual Funds LLC 0.05% of their portfolio | 7.7k $225.6k | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 7.7k $225.4k | New |
| PERSONAL CFO SOLUTIONS, LLC 0.03% of their portfolio | 6.9k $201.3k | New |
| Blue Trust, Inc. 0.00% of their portfolio | 4.4k $112.8k | Added +4.4k |
| EntryPoint Capital, LLC 0.05% of their portfolio | 4.0k $117.5k | New |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 3.3k $96.0k | Added +3.2k |
| Altshuler Shaham Ltd 0.00% of their portfolio | 2.6k $76.1k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.4k $71.0k | Added +1.5k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 2.0k $58.6k | Unchanged |
| Redwood Wealth Management Group, LLC 0.04% of their portfolio | 2.0k $58.6k | New |
| nVerses Capital, LLC 0.03% of their portfolio | 1.7k $49.8k | Reduced -2.7k |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 1.6k $41.0k | Added +1.6k |
| Ashton Thomas Private Wealth, LLC 0.00% of their portfolio | 1.4k $41.7k | New |
| Smartleaf Asset Management LLC 0.00% of their portfolio | 850 $25.0k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 488 $14.3k | Added +233 |
| ORG Partners LLC 0.00% of their portfolio | 253 $7.5k | New |
| TruNorth Capital Management, LLC 0.00% of their portfolio | 235 $6.9k | New |
| WETZEL INVESTMENT ADVISORS, INC. 0.00% of their portfolio | 200 $5.1k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 180 $5.0k | Reduced -135 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 154 $4.6k | Added +40 |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 100 $2.9k | New |