Teekay
146 hedge funds and large institutions have $333M invested in Teekay in 2016 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 46 increasing their positions, 57 reducing their positions, and 38 closing their positions.
28% more call options, than puts
Call options by funds: $2.42M | Put options by funds: $1.89M
1.35% more ownership
Funds ownership: 51.96% → 53.3% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 158 → 146 (-12)
9% less capital invested
Capital invested by funds: $364M → $333M (-$31.3M)
19% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 57
26% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$23.3M |
| 2 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
+$19.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.1M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$10.7M |
| 5 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$6.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$24M |
| 2 |
Neuberger Berman Group
New York
|
-$16.5M |
| 3 |
Cohen & Steers
New York
|
-$10.2M |
| 4 |
NMVA
New Mountain Vantage Advisers
New York
|
-$9.75M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$9.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
176
Cutler Group
San Francisco,
California
| – | -$5.33K | -706 | Closed |
|
|
AC
177
Alexandria Capital
Arlington,
Virginia
| – | -$6K | -600 | Closed |
|
|
KT
178
Kanaly Trust
Houston,
Texas
| – | -$3K | -325 | Closed |
|
179
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$3K | -299 | Closed |
|
|
WA
180
WFG Advisors
Dallas,
Texas
| – | -$2K | -199 | Closed |
|
|
VCM
181
Versant Capital Management
Phoenix,
Arizona
| – | -$1.3K | -172 | -69% |
|
|
PCP
182
Proficio Capital Partners
Newton,
Massachusetts
| – | +$196 | +26 | New |
|
TK Hedge Fund Activity: Q1 2016 in Review
146 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q1 2016, worth a combined $333M — down 8.6% from $364M a quarter earlier.
Sellers outnumbered buyers: 38 funds closed out of TK and 28 opened new positions — a net loss of 10 holders — while 57 trimmed existing stakes and 46 added.
The largest buyer was AQR Capital Management, adding an estimated $23.3M. The largest seller was JP Morgan Chase, cutting an estimated $24M.
- 146 institutional investors held Teekay (TK) as of Q1 2016, down from 158 in Q4 2015.
- Funds reported $333M of Teekay stock for Q1 2016, down 8.6% quarter-over-quarter.
- 28 funds opened new Teekay positions in Q1 2016 and 38 closed out, a net change of -10 holders.
- The largest Teekay buyer in Q1 2016 was AQR Capital Management, an estimated $23.3M added.
- The largest Teekay seller in Q1 2016 was JP Morgan Chase, an estimated $24M sold.
Based on aggregated 13F filings for Q1 2016.