Teekay
158 hedge funds and large institutions have $364M invested in Teekay in 2015 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 61 increasing their positions, 41 reducing their positions, and 44 closing their positions.
49% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 41
2% less first-time investments, than exits
New positions opened: 43 | Existing positions closed: 44
1% less funds holding
Funds holding: 160 → 158 (-2)
8.64% less ownership
Funds ownership: 60.6% → 51.96% (-8.6%)
16% less call options, than puts
Call options by funds: $3.59M | Put options by funds: $4.28M
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
72% less capital invested
Capital invested by funds: $1.29B → $364M (-$930M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$119M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$34.9M |
| 3 |
Morgan Stanley
New York
|
+$33.5M |
| 4 |
Two Sigma Investments
New York
|
+$21.6M |
| 5 |
SM
Senvest Management
New York
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$110M |
| 2 |
Neuberger Berman Group
New York
|
-$108M |
| 3 |
NMVA
New Mountain Vantage Advisers
New York
|
-$48.5M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$46.6M |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
201
MSI Financial Services
Springfield,
Massachusetts
| – | +$599 | +23 | New |
|
202
AssetMark Inc
Concord,
California
| – | +$651 | +25 | New |
|
TK Hedge Fund Activity: Q4 2015 in Review
158 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q4 2015, worth a combined $364M — down 72% from $1.29B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of TK and 43 opened new positions — a net loss of 1 holder — while 41 trimmed existing stakes and 61 added.
The largest buyer was JP Morgan Chase, adding an estimated $119M. The largest seller was Magnetar Financial, cutting an estimated $110M.
- 158 institutional investors held Teekay (TK) as of Q4 2015, down from 160 in Q3 2015.
- Funds reported $364M of Teekay stock for Q4 2015, down 72% quarter-over-quarter.
- 43 funds opened new Teekay positions in Q4 2015 and 44 closed out, a net change of -1 holder.
- The largest Teekay buyer in Q4 2015 was JP Morgan Chase, an estimated $119M added.
- The largest Teekay seller in Q4 2015 was Magnetar Financial, an estimated $110M sold.
Based on aggregated 13F filings for Q4 2015.