Teekay
160 hedge funds and large institutions have $1.29B invested in Teekay in 2015 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 73 increasing their positions, 49 reducing their positions, and 28 closing their positions.
77% more call options, than puts
Call options by funds: $12.6M | Put options by funds: $7.11M
49% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 49
1.07% more ownership
Funds ownership: 59.53% → 60.6% (+1.1%)
2% less funds holding
Funds holding: 164 → 160 (-4)
11% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 28
30% less capital invested
Capital invested by funds: $1.84B → $1.29B (-$549M)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$58.4M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$18.6M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$16.5M |
| 4 |
SM
Senvest Management
New York
|
+$13.5M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWCA
Brenner West Capital Advisors
New York
|
-$39.9M |
| 2 |
MP
MSD Partners
New York
|
-$27.8M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$20.4M |
| 4 |
VBCP
Vollero Beach Capital Partners
New York
|
-$18.5M |
| 5 |
SAM
Scopus Asset Management
New York
|
-$13.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CI
176
Capital Innovations
Pewaukee,
Wisconsin
| – | -$618K | -14,444 | Closed |
|
177
Marshall Wace
London,
United Kingdom
| – | -$564K | -13,181 | Closed |
|
|
DTL
178
Dynamic Technology Lab
Singapore
| – | -$543K | -12,656 | Closed |
|
|
IRF
179
IBM Retirement Fund
Armonk,
New York
| – | -$464K | -10,829 | Closed |
|
|
NCM
180
Newgate Capital Management
Greenwich,
Connecticut
| – | -$444K | -10,512 | Closed |
|
|
MHI
181
Miller Howard Investments
Kingston,
New York
| – | -$339K | -7,921 | Closed |
|
182
UBS AM
Chicago,
Illinois
| – | -$270K | -6,300 | Closed |
|
183
Los Angeles Capital Management
Los Angeles,
California
| – | -$261K | -6,105 | Closed |
|
|
BSW
184
Buckingham Strategic Wealth
Clayton,
Missouri
| – | -$261K | -6,090 | Closed |
|
|
AB
185
Amalgamated Bank
New York
| – | -$226K | -5,287 | Closed |
|
|
NCCM
186
Nine Chapters Capital Management
Short Hills,
New Jersey
| – | -$223K | -5,200 | Closed |
|
|
DI
187
Diligent Investors
Redlands,
California
| – | -$200K | -4,660 | Closed |
|
|
BCM
188
Brookstone Capital Management
Wheaton,
Illinois
| – | -$2K | -40 | Closed |
|
TK Hedge Fund Activity: Q3 2015 in Review
160 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q3 2015, worth a combined $1.29B — down 30% from $1.84B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TK and 25 opened new positions — a net loss of 3 holders — while 49 trimmed existing stakes and 73 added.
The largest buyer was Neuberger Berman Group, adding an estimated $58.4M. The largest seller was Brenner West Capital Advisors, cutting an estimated $39.9M.
- 160 institutional investors held Teekay (TK) as of Q3 2015, down from 164 in Q2 2015.
- Funds reported $1.29B of Teekay stock for Q3 2015, down 30% quarter-over-quarter.
- 25 funds opened new Teekay positions in Q3 2015 and 28 closed out, a net change of -3 holders.
- The largest Teekay buyer in Q3 2015 was Neuberger Berman Group, an estimated $58.4M added.
- The largest Teekay seller in Q3 2015 was Brenner West Capital Advisors, an estimated $39.9M sold.
Based on aggregated 13F filings for Q3 2015.