Teekay
60 hedge funds and large institutions have $22.5M invested in Teekay in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 18 reducing their positions, and 23 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 18
1.43% less ownership
Funds ownership: 12.51% → 11.08% (-1.4%)
25% less funds holding
Funds holding: 80 → 60 (-20)
26% less capital invested
Capital invested by funds: $30.4M → $22.5M (-$7.81M)
86% less call options, than puts
Call options by funds: $112K | Put options by funds: $796K
87% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.22M |
| 2 |
Renaissance Technologies
New York
|
+$521K |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$360K |
| 4 |
SCM
Symons Capital Management
Pittsburgh,
Pennsylvania
|
+$229K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$208K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.27M |
| 2 |
Jane Street
New York
|
-$1.11M |
| 3 |
BBVA
Banco Bilbao Vizcaya Argentaria
Madrid,
Spain
|
-$613K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$569K |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$345K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$4K | -1,700 | Closed |
|
|
HWM
77
HighMark Wealth Management
St. Paul,
Minnesota
| – | -$2K | -900 | Closed |
|
|
PIMG
78
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$1.2K | -500 | Closed |
|
79
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1K | -370 | Closed |
|
TK Hedge Fund Activity: Q3 2020 in Review
60 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q3 2020, worth a combined $22.5M — down 26% from $30.4M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TK and 3 opened new positions — a net loss of 20 holders — while 18 trimmed existing stakes and 17 added.
The largest buyer was Morgan Stanley, adding an estimated $1.22M. The largest seller was AQR Capital Management, exiting entirely with an estimated $1.27M sold.
- 60 institutional investors held Teekay (TK) as of Q3 2020, down from 80 in Q2 2020.
- Funds reported $22.5M of Teekay stock for Q3 2020, down 26% quarter-over-quarter.
- 3 funds opened new Teekay positions in Q3 2020 and 23 closed out, a net change of -20 holders.
- The largest Teekay buyer in Q3 2020 was Morgan Stanley, an estimated $1.22M added.
- The largest Teekay seller in Q3 2020 was AQR Capital Management, an estimated $1.27M sold.
Based on aggregated 13F filings for Q3 2020.