Teekay
135 hedge funds and large institutions have $350M invested in Teekay in 2016 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 49 increasing their positions, 47 reducing their positions, and 29 closing their positions.
21% more capital invested
Capital invested by funds: $289M → $350M (+$60.3M)
4% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.08% less ownership
Funds ownership: 55.76% → 53.68% (-2.1%)
11% less funds holding
Funds holding: 151 → 135 (-16)
25% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $1.82M
52% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.4M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$13.1M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$12.5M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$9.56M |
| 5 |
Morgan Stanley
New York
|
+$8.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$14M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$7.94M |
| 3 |
Neuberger Berman Group
New York
|
-$5.42M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.53M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
D.E. Shaw & Co
New York
| – | -$108K | -15,182 | Closed |
|
|
MWAC
152
Mariner Wealth Advisors (Cincinnati)
Cincinnati,
Ohio
| – | -$90K | -12,600 | Closed |
|
|
CSS
153
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$77K | -10,821 | Closed |
|
|
SIM
154
Strategic Investment Management
Arlington,
Virginia
| – | -$74K | -10,442 | Closed |
|
|
SO
155
STRS Ohio
Columbus,
Ohio
| – | -$44.5K | -6,400 | Closed |
|
|
CCA
156
Checchi Capital Advisers
Beverly Hills,
California
| – | -$18K | -2,529 | Closed |
|
|
CTC
157
Central Trust Company
Jefferson City,
Missouri
| – | -$13K | -1,755 | Closed |
|
|
MAM
158
Meeder Asset Management
Dublin,
Ohio
| – | -$11K | -1,549 | Closed |
|
159
SEI Investments
Oaks,
Pennsylvania
| – | -$6.78K | -976 | -95% |
|
160
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -301 | Closed |
|
|
PCM
161
Penserra Capital Management
Orinda,
California
| – | -$2K | -216 | Closed |
|
|
SWA
162
Sutton Wealth Advisors
Tampa,
Florida
| – | -$221 | -31 | Closed |
|
|
QCG
163
Quadrant Capital Group
Cincinnati,
Ohio
| – | +$771 | +111 | New |
|
TK Hedge Fund Activity: Q3 2016 in Review
135 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q3 2016, worth a combined $350M — up 21% from $289M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of TK and 14 opened new positions — a net loss of 15 holders — while 47 trimmed existing stakes and 49 added.
The largest buyer was Fidelity Investments, adding an estimated $25.4M. The largest seller was AQR Capital Management, cutting an estimated $14M.
- 135 institutional investors held Teekay (TK) as of Q3 2016, down from 151 in Q2 2016.
- Funds reported $350M of Teekay stock for Q3 2016, up 21% quarter-over-quarter.
- 14 funds opened new Teekay positions in Q3 2016 and 29 closed out, a net change of -15 holders.
- The largest Teekay buyer in Q3 2016 was Fidelity Investments, an estimated $25.4M added.
- The largest Teekay seller in Q3 2016 was AQR Capital Management, an estimated $14M sold.
Based on aggregated 13F filings for Q3 2016.