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141 hedge funds and large institutions have $1.99B invested in Teekay in 2013 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 50 increasing their positions, 42 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

87% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 15

83% more funds holding in top 10

Funds holding in top 10: 611 (+5)

31% more capital invested

Capital invested by funds: $1.53B → $1.99B (+$468M)

19% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 42

9% more funds holding

Funds holding: 129141 (+12)

8.15% more ownership

Funds ownership: 50.11%58.25% (+8.1%)

4% less call options, than puts

Call options by funds: $10.1M | Put options by funds: $10.5M

Holders
141
Holders Change
+12
Holders Change %
+9.3%
% of All Funds
4.09%
Holding in Top 10
11
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+83.33%
% of All Funds
0.32%
New
28
Increased
50
Reduced
42
Closed
15
Calls
$10.1M
Puts
$10.5M
Net Calls
-$424K
Net Calls Change
-$213M
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
26
Suvretta Capital Management
New York
$15.5M +$14.2M +323,700 New
TPP
27
Triangle Peak Partners
California
$12M +$10.9M +250,000 New
NIM
28
NXG Investment Management
Texas
$11.2M +$10.3M +234,315 New
EGA
29
Eagle Global Advisors
Texas
$10.6M +$276K +6,300 +3%
RO
30
Reservoir Operations
New York
$9.69M +$8.84M +201,800 New
VBCP
31
Vollero Beach Capital Partners
New York
$9.41M +$8.58M +195,990 New
Credit Agricole
32
Credit Agricole
France
$9.2M +$538K +12,280 +7%
Geode Capital Management
33
Geode Capital Management
Massachusetts
$8.97M +$1.36M +31,118 +20%
Bank of New York Mellon
34
Bank of New York Mellon
New York
$8.79M +$414K +9,441 +5%
CC
35
Clearline Capital
New York
$8.34M +$7.6M +173,611 New
SCM
36
Saba Capital Management
New York
$8.2M -$7.06M -161,232 -49%
Schroder Investment Management Group
37
Schroder Investment Management Group
United Kingdom
$7.98M -$714K -16,300 -9%
Northern Trust
38
Northern Trust
Illinois
$7.83M +$246K +5,615 +4%
Morgan Stanley
39
Morgan Stanley
New York
$7.18M +$3.19M +72,835 +95%
Natixis Advisors
40
Natixis Advisors
Massachusetts
$5.1M -$345K -7,880 -7%
GC
41
Guggenheim Capital
Illinois
$5.07M +$1.83M +41,800 +66%
VNA
42
VNBTrust National Association
Virginia
$4.96M -$2.48M -56,615 -35%
SRCM
43
Swift Run Capital Management
Virginia
$4.8M +$4.38M +100,063 New
TCIM
44
TIAA CREF Investment Management
New York
$4.72M -$145K -3,322 -3%
Charles Schwab
45
Charles Schwab
California
$4.62M +$294K +6,714 +7%
Vanguard Group
46
Vanguard Group
Pennsylvania
$4.53M +$11.2K +256 +0.3%
Two Sigma Investments
47
Two Sigma Investments
New York
$4.49M +$1.22M +27,938 +43%
OAM
48
Oxford Asset Management
United Kingdom
$4.38M -$976K -22,290 -20%
RFC
49
Russell Frank Company
Washington
$3.87M +$1.55M +35,376 +78%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$3.3M +$21.9K +500 +0.7%

TK Hedge Fund Activity: Q4 2013 in Review

141 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q4 2013, worth a combined $1.99B — up 31% from $1.53B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new TK positions and 15 closed out — a net gain of 13 holders — while 50 added to existing stakes and 42 trimmed.

The largest buyer was Eton Park Capital Management, opening a new position worth an estimated $132M. The largest seller was State Street, cutting an estimated $87.7M.

  • 141 institutional investors held Teekay (TK) as of Q4 2013, up from 129 in Q3 2013.
  • Funds reported $1.99B of Teekay stock for Q4 2013, up 31% quarter-over-quarter.
  • 28 funds opened new Teekay positions in Q4 2013 and 15 closed out, a net change of +13 holders.
  • The largest Teekay buyer in Q4 2013 was Eton Park Capital Management, an estimated $132M added.
  • The largest Teekay seller in Q4 2013 was State Street, an estimated $87.7M sold.

Based on aggregated 13F filings for Q4 2013.