Tsakos Energy Navigation

TEN • XNYS

Tsakos Energy Navigation is a publicly traded company on XNYS, with a market cap of $707.1M. As of Q3 2025, 26% of shares are held by 81 institutional investors, with CastleKnight Management LP as the largest holder at 3.42%.

Market Cap$707.1M

Overview

Overview of institutional ownership in TEN as of Q3 2025 with a market cap of $669.4M

All Institutions

Institutions: 81
Value Held: $174.7M
Shares Held: 7.9M
Avg Position: $2.2M
Median Position: $451.1K

Hedge Funds

Hedge Funds: 17
Value Held: $74.4M
Shares Held: 3.3M
Avg Position: $4.4M
Median Position: $1.7M

Ownership Breakdown

Institutional (non-HF)

14.99%

$100.3M

Hedge Funds

11.11%

$74.4M

Retail & Other

73.9%

$494.7M

Based on market cap of $669.4M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in TEN as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
C CastleKnight Management LP Hedge Fund•Event Driven	Aaron Michael Weitman CIO	$22.9M 1.23% of portfolio	3.42% 1.0M shares	Q2 2024 Held for 1y 5m	$1.9B
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	Anthony Ryan CEO	$17.9M 0.01% of portfolio	2.67% 803.5K shares	Q2 2024 Held for 1y 5m	$158.92B
S Sagil Capital LLP Institution	-	$16.8M 13.20% of portfolio	2.51% 757.6K shares	Q3 2025 Held for 2 months	$127.5M
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	-	$15.6M 0.03% of portfolio	2.33% 701.9K shares	Q2 2024 Held for 1y 5m	$61.8B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$8.8M 0.01% of portfolio	1.32% 396.6K shares	Q2 2024 Held for 1y 5m	$75.8B
Main Street Financial Solutions, LLC RIA/Wealth	Brett Robert Danko CEO	$8.8M 0.56% of portfolio	1.31% 394.5K shares	Q1 2025 Held for 8 months	$1.6B
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	Gillian Morna Therese Savage CEO	$8.6M 0.02% of portfolio	1.28% 386.0K shares	Q2 2025 Held for 5 months	$51.5B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$8.0M 0.00% of portfolio	1.19% 358.3K shares	Q4 2023 Held for 1y 11m	$1.65T
FOUNDATION RESOURCE MANAGEMENT INC Long Only Manager	Meredith Humphrey Moll President	$7.8M 1.12% of portfolio	1.17% 352.0K shares	Q2 2024 Held for 1y 5m	$696.0M
P Pale Fire Capital SE Institution	-	$7.6M 0.83% of portfolio	1.13% 340.6K shares	Q2 2024 Held for 1y 5m	$912.4M

Net Capital Flow

Institutional buying and selling activity for TEN in Q3 2025

Traded: +$19.6M
Buyers: 51
Sellers: 29
Total Bought: +$45.3M
Total Sold: −$25.7M
Avg Position: $1.9M

Biggest Buyers

Institution	Net Bought	Current Position
S Sagil Capital LLP Institution	+$16.8M +757.6K shares	$16.8M 757.6K shares
C CastleKnight Management LP Hedge Fund•Event Driven	+$7.7M +347.6K shares	$22.9M 1.0M shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	+$6.3M +284.6K shares	$8.6M 386.0K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$5.0M +222.9K shares	$6.4M 287.1K shares
Susquehanna Portfolio Strategies, LLC Private Equity	+$1.2M +54.4K shares	$1.2M 54.4K shares
S Squarepoint Ops LLC Hedge Fund•Quant	+$870.8K +39.2K shares	$1.2M 52.8K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	+$677.9K +30.5K shares	$677.9K 30.5K shares
S SIMPLEX TRADING, LLC Institution	+$599.6K +27.0K shares	$599.6K 27.0K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$579.9K +26.1K shares	$1.7M 77.1K shares
H HRT FINANCIAL LLC Institution	+$518.3K +23.3K shares	$1.4M 64.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$6.3M −285.5K shares	$875.3K 39.4K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$3.6M −163.5K shares	$8.8M 396.6K shares
M MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Institution	−$2.8M −127.6K shares	$15.6M 701.9K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$2.4M −108.7K shares	$451.1K 20.3K shares
J JANE STREET GROUP, LLC Institution	−$1.6M −71.3K shares	$691.3K 31.1K shares
GOLDMAN SACHS GROUP INC Institution	−$1.3M −59.7K shares	$882.4K 39.7K shares
MORGAN STANLEY RIA/Wealth	−$1.3M −58.2K shares	$8.0M 358.3K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$1.2M −55.5K shares	$17.9M 803.5K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$738.5K −33.2K shares	$1.1M 51.1K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$644.9K −33.6K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited TEN in Q3 2025

New Positions: 9
New Value: $17.9M
Exited Positions: 9
Exited Value: $2.4M

New Positions

Institution	Position Value
S Sagil Capital LLP Institution	$16.8M 757.6K shares
FourThought Financial Partners, LLC RIA/Wealth	$328.1K 14.8K shares
Savant Capital, LLC RIA/Wealth	$278.4K 12.5K shares
M MQS Management LLC Hedge Fund•Global Macro	$222.2K 10.0K shares
HFG Advisors, Inc. RIA/Wealth	$206.6K 9.3K shares
Triumph Capital Management RIA/Wealth	$11.1K 500.0 shares
R Root Financial Partners, LLC RIA/Wealth	$622.0 28.0 shares
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager	$600.0 27.0 shares
R Rossby Financial, LCC RIA/Wealth	$22.0 1.0 shares

Exited Positions

Institution	Previous Position
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$644.9K 33.6K shares
H HSBC HOLDINGS PLC Institution	$573.4K 29.9K shares
Counterpoint Mutual Funds LLC ETF Provider	$384.5K 20.0K shares
S SPROTT INC. Institution	$339.7K 17.7K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$295.7K 15.4K shares
BARCLAYS PLC Institution	$84.0K 4.4K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$58.1K 3.0K shares
Ameritas Advisory Services, LLC RIA/Wealth	$19.2K 1.0K shares
CITIGROUP INC Institution	$19.0 1.0 shares

Options Activity

Institutions with the largest Call and Put options positions in TEN as of Q3 2025

Call Positions: 4
Call Value: $9.9M
Put Positions: 3
Put Value: $7.7M

Call Positions

Institution	Position Value
C CastleKnight Management LP Hedge Fund•Event Driven	$4.4M 2.0K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.1M 1.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.4M 1.1K contracts
J JANE STREET GROUP, LLC Institution	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.8M 2.6K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.5M 694.0 contracts
J JANE STREET GROUP, LLC Institution	$377.7K 170.0 contracts

Most Committed Institutions

Institutions with TEN as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
S Sagil Capital LLP Institution	-	13.20% $16.8M	2.51% 757.6K shares	Q3 2025 Held for 2 months	$127.5M
G GRATIA CAPITAL, LLC Hedge Fund•Multi-Strategy	Pei Yu-Tsung Steven Managing Partner	2.95% $3.2M	0.48% 145.2K shares	Q2 2024 Held for 1y 5m	$109.5M
Glenorchy Capital Ltd Hedge Fund•Global Macro	Bradley Thomas Mcfadden CIO	1.71% $2.4M	0.35% 106.1K shares	Q2 2024 Held for 1y 5m	$137.8M
C CastleKnight Management LP Hedge Fund•Event Driven	Aaron Michael Weitman CIO	1.23% $22.9M	3.42% 1.0M shares	Q2 2024 Held for 1y 5m	$1.9B
FOUNDATION RESOURCE MANAGEMENT INC Long Only Manager	Meredith Humphrey Moll President	1.12% $7.8M	1.17% 352.0K shares	Q2 2024 Held for 1y 5m	$696.0M
P Pale Fire Capital SE Institution	-	0.83% $7.6M	1.13% 340.6K shares	Q2 2024 Held for 1y 5m	$912.4M
Main Street Financial Solutions, LLC RIA/Wealth	Brett Robert Danko CEO	0.56% $8.8M	1.31% 394.5K shares	Q1 2025 Held for 8 months	$1.6B
C Condire Management, LP Hedge Fund•Long/Short	Bradley Jay Shisler Managing Partner	0.52% $4.2M	0.63% 191.0K shares	Q1 2025 Held for 8 months	$817.0M
COMMONS CAPITAL, LLC RIA/Wealth	Jonathan David Straus Founder	0.22% $333.3K	0.05% 15.0K shares	Q1 2025 Held for 8 months	$148.8M
HFG Advisors, Inc. RIA/Wealth	William Ting Hsiang Wang President	0.15% $206.6K	0.03% 9.3K shares	Q3 2025 Held for 2 months	$135.6M

Hedge Fund Spotlight

Discover hedge funds investing in TEN

MQS Management LLC

Hedge Fund • Global Macro

Portfolio ManagerRobert Yale Gelfond

Portfolio Value: $171.4M
Positions: 404
Last Reported: Q3 2025

Sector Allocation

Position in Tsakos Energy Navigation

Market Value: $222.2K
Shares Held: 10.0K
Portfolio Weight: 0.13%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 Kimco Realty KIM	REIT - Retail Real Estate	$1.3M	0.77%
2 Hilton Worldwide HLT	Travel Lodging Consumer Cyclical	$1.2M	0.71%
3 Schlumberger SLB	Oil & Gas Equipment & Services Energy	$1.2M	0.70%