Teekay
191 hedge funds and large institutions have $2.7B invested in Teekay in 2014 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 68 increasing their positions, 70 reducing their positions, and 21 closing their positions.
197% more call options, than puts
Call options by funds: $146M | Put options by funds: $49.2M
86% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 21
10% more funds holding
Funds holding: 173 → 191 (+18)
3% more capital invested
Capital invested by funds: $2.61B → $2.7B (+$90.6M)
3% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 70
1.64% less ownership
Funds ownership: 57.74% → 56.1% (-1.6%)
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$26M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$20.2M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$18.7M |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$18.4M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
-$82.8M |
| 2 |
JP Morgan Chase
New York
|
-$36.5M |
| 3 |
HCM
Highline Capital Management
New York
|
-$34.2M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$29.1M |
| 5 |
CRAM
Claren Road Asset Management
New York
|
-$28.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GMIM
201
General Motors Investment Management
New York
| – | -$900K | -14,453 | Closed |
|
202
Principal Financial Group
Des Moines,
Iowa
| – | -$811K | -13,033 | Closed |
|
|
PP
203
Paloma Partners
Greenwich,
Connecticut
| – | -$564K | -9,061 | Closed |
|
|
VKH
204
Virtu KCG Holdings
New York
| – | -$523K | -8,398 | Closed |
|
|
DFIM
205
Detwiler Fenton Investment Management
Boston,
Massachusetts
| – | -$503K | -8,075 | Closed |
|
|
QIM
206
Quantitative Investment Management
Charlottesville,
Virginia
| – | -$323K | -5,200 | Closed |
|
|
SFG
207
SNS Financial Group
Minneapolis,
Minnesota
| – | -$299K | -4,800 | Closed |
|
|
EFS
208
Essex Financial Services
Essex,
Connecticut
| – | -$218K | -3,500 | Closed |
|
|
MLICM
209
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$134K | -2,170 | Closed |
|
210
Lazard Asset Management
New York
| – | -$110K | -1,780 | Closed |
|
211
Bessemer Group
Woodbridge,
New Jersey
| – | -$9K | -150 | Closed |
|
212
BNP Paribas Financial Markets
Paris,
France
| – | -$4.29K | -69 | Closed |
|
TK Hedge Fund Activity: Q3 2014 in Review
191 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q3 2014, worth a combined $2.7B — up 3.5% from $2.61B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new TK positions and 21 closed out — a net gain of 18 holders — while 68 added to existing stakes and 70 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $26M. The largest seller was Jana Partners, exiting entirely with an estimated $82.8M sold.
- 191 institutional investors held Teekay (TK) as of Q3 2014, up from 173 in Q2 2014.
- Funds reported $2.7B of Teekay stock for Q3 2014, up 3.5% quarter-over-quarter.
- 39 funds opened new Teekay positions in Q3 2014 and 21 closed out, a net change of +18 holders.
- The largest Teekay buyer in Q3 2014 was Neuberger Berman Group, an estimated $26M added.
- The largest Teekay seller in Q3 2014 was Jana Partners, an estimated $82.8M sold.
Based on aggregated 13F filings for Q3 2014.