Teekay
129 hedge funds and large institutions have $1.53B invested in Teekay in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 53 increasing their positions, 32 reducing their positions, and 13 closing their positions.
1,756% more call options, than puts
Call options by funds: $225M | Put options by funds: $12.1M
69% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 13
66% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 32
22% more capital invested
Capital invested by funds: $1.25B → $1.53B (+$275M)
8% more funds holding
Funds holding: 120 → 129 (+9)
7.29% more ownership
Funds ownership: 42.82% → 50.11% (+7.3%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$80M |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$63.8M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$19.2M |
| 4 |
Cohen & Steers
New York
|
+$16.2M |
| 5 |
NMVA
New Mountain Vantage Advisers
New York
|
+$13.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancient Art
Austin,
Texas
|
-$16.1M |
| 2 |
GH
Green Holdings
Hamilton,
Bermuda
|
-$13.6M |
| 3 |
HT
HAP Trading
New York
|
-$9.93M |
| 4 |
HCM
Highline Capital Management
New York
|
-$7.04M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.58M |
TK Hedge Fund Activity: Q3 2013 in Review
129 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q3 2013, worth a combined $1.53B — up 22% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TK positions and 13 closed out — a net gain of 9 holders — while 53 added to existing stakes and 32 trimmed.
The largest buyer was State Street, adding an estimated $80M. The largest seller was Ancient Art, cutting an estimated $16.1M.
- 129 institutional investors held Teekay (TK) as of Q3 2013, up from 120 in Q2 2013.
- Funds reported $1.53B of Teekay stock for Q3 2013, up 22% quarter-over-quarter.
- 22 funds opened new Teekay positions in Q3 2013 and 13 closed out, a net change of +9 holders.
- The largest Teekay buyer in Q3 2013 was State Street, an estimated $80M added.
- The largest Teekay seller in Q3 2013 was Ancient Art, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2013.