Teekay
121 hedge funds and large institutions have $228M invested in Teekay in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 32 increasing their positions, 37 reducing their positions, and 12 closing their positions.
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
4% more funds holding
Funds holding: 116 → 121 (+5)
1.2% less ownership
Funds ownership: 30.49% → 29.29% (-1.2%)
8% less capital invested
Capital invested by funds: $247M → $228M (-$19.4M)
14% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 37
17% less call options, than puts
Call options by funds: $7.84M | Put options by funds: $9.42M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$4.21M |
| 2 |
BlackRock
New York
|
+$3.62M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$2.88M |
| 4 |
RBA
Richard Bernstein Advisors
New York
|
+$1.84M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.4M |
| 2 |
Goldman Sachs
New York
|
-$7.3M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.11M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.68M |
| 5 |
Man Group
London,
United Kingdom
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
126
Cutler Group
San Francisco,
California
| – | -$124K | -15,412 | Closed |
|
|
SWP
127
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$26K | -3,175 | Closed |
|
|
TRCT
128
Tower Research Capital (TRC)
New York
| – | -$16.8K | -2,011 | -97% |
|
129
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$7K | -833 | Closed |
|
|
MC
130
MRJ Capital
New York
| – | -$6K | -800 | Closed |
|
131
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$167 | -20 | -40% |
|
|
PFBT
132
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | +$58 | +7 | New |
|
TK Hedge Fund Activity: Q2 2018 in Review
121 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q2 2018, worth a combined $228M — down 7.8% from $247M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TK positions and 12 closed out — a net gain of 5 holders — while 32 added to existing stakes and 37 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $4.21M. The largest seller was Fidelity Investments, cutting an estimated $10.4M.
- 121 institutional investors held Teekay (TK) as of Q2 2018, up from 116 in Q1 2018.
- Funds reported $228M of Teekay stock for Q2 2018, down 7.8% quarter-over-quarter.
- 17 funds opened new Teekay positions in Q2 2018 and 12 closed out, a net change of +5 holders.
- The largest Teekay buyer in Q2 2018 was Renaissance Technologies, an estimated $4.21M added.
- The largest Teekay seller in Q2 2018 was Fidelity Investments, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2018.