Teekay LNG Partners L.P.
TGP was delisted on the 12th of January, 2022.
87 hedge funds and large institutions have $345M invested in Teekay LNG Partners L.P. in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 26 increasing their positions, 26 reducing their positions, and 17 closing their positions.
24% more capital invested
Capital invested by funds: $278M → $345M (+$66.8M)
0% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 26
8% less funds holding
Funds holding: 95 → 87 (-8)
38% less call options, than puts
Call options by funds: $6.96M | Put options by funds: $11.3M
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
+$13.6M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$8.16M |
| 3 |
BIC
Beach Investment Counsel
West Conshohocken,
Pennsylvania
|
+$7.74M |
| 4 |
GC
Greenlight Capital
New York
|
+$6.78M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$12.6M |
| 2 |
JP Morgan Chase
New York
|
-$10.4M |
| 3 |
Goldman Sachs
New York
|
-$7.6M |
| 4 |
Morgan Stanley
New York
|
-$7.11M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Simplex Trading
Chicago,
Illinois
| – | -$126K | -9,255 | Closed |
|
|
MWA
102
Meridian Wealth Advisors
Austin,
Texas
| – | -$39K | -3,500 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$16K | -1,447 | Closed |
|
|
NFG
104
Next Financial Group
Houston,
Texas
| – | -$12K | -1,075 | Closed |
|
|
AIC
105
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$5K | -460 | Closed |
|
TGP Hedge Fund Activity: Q1 2019 in Review
87 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Teekay LNG Partners L.P. (TGP) for Q1 2019, worth a combined $345M — up 24% from $278M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TGP and 9 opened new positions — a net loss of 8 holders — while 26 trimmed existing stakes and 26 added.
The largest buyer was Cobalt Capital Management, opening a new position worth an estimated $13.6M. The largest seller was UBS Group, cutting an estimated $12.6M.
- 87 institutional investors held Teekay LNG Partners L.P. (TGP) as of Q1 2019, down from 95 in Q4 2018.
- Funds reported $345M of Teekay LNG Partners L.P. stock for Q1 2019, up 24% quarter-over-quarter.
- 9 funds opened new Teekay LNG Partners L.P. positions in Q1 2019 and 17 closed out, a net change of -8 holders.
- The largest Teekay LNG Partners L.P. buyer in Q1 2019 was Cobalt Capital Management, an estimated $13.6M added.
- The largest Teekay LNG Partners L.P. seller in Q1 2019 was UBS Group, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2019.