Teekay
102 hedge funds and large institutions have $64.2M invested in Teekay in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 29 increasing their positions, 37 reducing their positions, and 16 closing their positions.
21% more call options, than puts
Call options by funds: $1.33M | Put options by funds: $1.1M
1.95% less ownership
Funds ownership: 21.48% → 19.53% (-1.9%)
5% less funds holding
Funds holding: 107 → 102 (-5)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
22% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 37
45% less capital invested
Capital invested by funds: $116M → $64.2M (-$51.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
+$1.08M |
| 2 |
BlackRock
New York
|
+$921K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$805K |
| 4 |
Charles Schwab
San Francisco,
California
|
+$748K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$726K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$4.12M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$3.4M |
| 3 |
Morgan Stanley
New York
|
-$1.63M |
| 4 |
Two Sigma Investments
New York
|
-$847K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$748K |
TK Hedge Fund Activity: Q1 2020 in Review
102 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q1 2020, worth a combined $64.2M — down 45% from $116M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TK and 14 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 29 added.
The largest buyer was Granite Point Capital Management, opening a new position worth an estimated $1.08M. The largest seller was Millennium Management, cutting an estimated $4.12M.
- 102 institutional investors held Teekay (TK) as of Q1 2020, down from 107 in Q4 2019.
- Funds reported $64.2M of Teekay stock for Q1 2020, down 45% quarter-over-quarter.
- 14 funds opened new Teekay positions in Q1 2020 and 16 closed out, a net change of -2 holders.
- The largest Teekay buyer in Q1 2020 was Granite Point Capital Management, an estimated $1.08M added.
- The largest Teekay seller in Q1 2020 was Millennium Management, an estimated $4.12M sold.
Based on aggregated 13F filings for Q1 2020.