Teekay
107 hedge funds and large institutions have $156M invested in Teekay in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 31 increasing their positions, 30 reducing their positions, and 24 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 30
3% more call options, than puts
Call options by funds: $7.31M | Put options by funds: $7.12M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.6% less ownership
Funds ownership: 29.29% → 23.69% (-5.6%)
12% less funds holding
Funds holding: 121 → 107 (-14)
32% less capital invested
Capital invested by funds: $228M → $156M (-$71.9M)
54% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$4.47M |
| 2 |
Renaissance Technologies
New York
|
+$2.03M |
| 3 |
Goldman Sachs
New York
|
+$1.85M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.31M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$43.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.15M |
| 3 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$2.09M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$997K |
| 5 |
Morgan Stanley
New York
|
-$660K |
TK Hedge Fund Activity: Q3 2018 in Review
107 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q3 2018, worth a combined $156M — down 32% from $228M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of TK and 11 opened new positions — a net loss of 13 holders — while 30 trimmed existing stakes and 31 added.
The largest buyer was Luminus Management, opening a new position worth an estimated $4.47M. The largest seller was Fidelity Investments, cutting an estimated $43.2M.
- 107 institutional investors held Teekay (TK) as of Q3 2018, down from 121 in Q2 2018.
- Funds reported $156M of Teekay stock for Q3 2018, down 32% quarter-over-quarter.
- 11 funds opened new Teekay positions in Q3 2018 and 24 closed out, a net change of -13 holders.
- The largest Teekay buyer in Q3 2018 was Luminus Management, an estimated $4.47M added.
- The largest Teekay seller in Q3 2018 was Fidelity Investments, an estimated $43.2M sold.
Based on aggregated 13F filings for Q3 2018.