Teekay
142 hedge funds and large institutions have $340M invested in Teekay in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 43 increasing their positions, 45 reducing their positions, and 21 closing their positions.
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
5% more funds holding
Funds holding: 135 → 142 (+7)
3% less capital invested
Capital invested by funds: $350M → $340M (-$10.2M)
4% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 45
4.31% less ownership
Funds ownership: 53.68% → 49.37% (-4.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
53% less call options, than puts
Call options by funds: $1.3M | Put options by funds: $2.78M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.5M |
| 2 |
RCIM
Russell Clark Investment Management
London,
United Kingdom
|
+$3.85M |
| 3 |
State Street
Boston,
Massachusetts
|
+$3.04M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$2.19M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$21M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$8.31M |
| 3 |
JP Morgan Chase
New York
|
-$8.22M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$5.83M |
| 5 |
Renaissance Technologies
New York
|
-$4.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GCP
151
GSA Capital Partners
London,
United Kingdom
| – | -$104K | -13,471 | Closed |
|
152
Wolverine Trading
Chicago,
Illinois
| – | -$90.9K | -11,803 | Closed |
|
|
FRM
153
Fox Run Management
Greenwich,
Connecticut
| – | -$87K | -11,300 | Closed |
|
154
SG Americas Securities
New York
| – | -$80K | -10,332 | Closed |
|
|
ST
155
Spot Trading
Chicago,
Illinois
| – | -$61K | -7,881 | Closed |
|
156
Walleye Trading
New York
| – | -$54.9K | -7,132 | Closed |
|
|
QT
157
Quantbot Technologies
New York
| – | -$4K | -628 | Closed |
|
|
JFA
158
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$2K | -208 | Closed |
|
|
S
159
SignatureFD
Atlanta,
Georgia
| – | -$2K | -208 | Closed |
|
|
AIS
160
Accurate Investment Solutions
Seven Fields,
Pennsylvania
| – | +$385 | +50 | New |
|
TK Hedge Fund Activity: Q4 2016 in Review
142 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q4 2016, worth a combined $340M — down 2.9% from $350M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TK positions and 21 closed out — a net gain of 7 holders — while 43 added to existing stakes and 45 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $18.5M. The largest seller was Magnetar Financial, exiting entirely with an estimated $21M sold.
- 142 institutional investors held Teekay (TK) as of Q4 2016, up from 135 in Q3 2016.
- Funds reported $340M of Teekay stock for Q4 2016, down 2.9% quarter-over-quarter.
- 28 funds opened new Teekay positions in Q4 2016 and 21 closed out, a net change of +7 holders.
- The largest Teekay buyer in Q4 2016 was Fidelity Investments, an estimated $18.5M added.
- The largest Teekay seller in Q4 2016 was Magnetar Financial, an estimated $21M sold.
Based on aggregated 13F filings for Q4 2016.