Teekay LNG Partners L.P.
TGP was delisted on the 12th of January, 2022.
84 hedge funds and large institutions have $197M invested in Teekay LNG Partners L.P. in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 32 reducing their positions, and 16 closing their positions.
8% less funds holding
Funds holding: 91 → 84 (-7)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
41% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 32
46% less capital invested
Capital invested by funds: $364M → $197M (-$167M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
58% less call options, than puts
Call options by funds: $1.69M | Put options by funds: $4.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancient Art
Austin,
Texas
|
+$8.15M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.69M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.31M |
| 4 |
BIC
Beach Investment Counsel
West Conshohocken,
Pennsylvania
|
+$1.19M |
| 5 |
SFI
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
|
+$519K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$15.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.35M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.85M |
| 4 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
-$4.3M |
| 5 |
GC
Greenlight Capital
New York
|
-$3.32M |
TGP Hedge Fund Activity: Q1 2020 in Review
84 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Teekay LNG Partners L.P. (TGP) for Q1 2020, worth a combined $197M — down 46% from $364M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TGP and 12 opened new positions — a net loss of 4 holders — while 32 trimmed existing stakes and 19 added.
The largest buyer was Ancient Art, adding an estimated $8.15M. The largest seller was Thornburg Investment Management, cutting an estimated $15.8M.
- 84 institutional investors held Teekay LNG Partners L.P. (TGP) as of Q1 2020, down from 91 in Q4 2019.
- Funds reported $197M of Teekay LNG Partners L.P. stock for Q1 2020, down 46% quarter-over-quarter.
- 12 funds opened new Teekay LNG Partners L.P. positions in Q1 2020 and 16 closed out, a net change of -4 holders.
- The largest Teekay LNG Partners L.P. buyer in Q1 2020 was Ancient Art, an estimated $8.15M added.
- The largest Teekay LNG Partners L.P. seller in Q1 2020 was Thornburg Investment Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2020.