Teekay
142 hedge funds and large institutions have $1.98B invested in Teekay in 2013 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 50 increasing their positions, 42 reducing their positions, and 15 closing their positions.
93% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 15
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
31% more capital invested
Capital invested by funds: $1.51B → $1.98B (+$472M)
19% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 42
10% more funds holding
Funds holding: 129 → 142 (+13)
8.33% more ownership
Funds ownership: 49.92% → 58.25% (+8.3%)
4% less call options, than puts
Call options by funds: $10.1M | Put options by funds: $10.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCM
Eton Park Capital Management
New York
|
+$132M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$106M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$24.5M |
| 4 |
NMVA
New Mountain Vantage Advisers
New York
|
+$24.1M |
| 5 |
Cohen & Steers
New York
|
+$17.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$87.7M |
| 2 |
GTP
Global Thematic Partners
New York
|
-$28.6M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
-$22.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.6M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$12.1M |
TK Hedge Fund Activity: Q4 2013 in Review
142 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q4 2013, worth a combined $1.98B — up 31% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TK positions and 15 closed out — a net gain of 14 holders — while 50 added to existing stakes and 42 trimmed.
The largest buyer was Eton Park Capital Management, opening a new position worth an estimated $132M. The largest seller was State Street, cutting an estimated $87.7M.
- 142 institutional investors held Teekay (TK) as of Q4 2013, up from 129 in Q3 2013.
- Funds reported $1.98B of Teekay stock for Q4 2013, up 31% quarter-over-quarter.
- 29 funds opened new Teekay positions in Q4 2013 and 15 closed out, a net change of +14 holders.
- The largest Teekay buyer in Q4 2013 was Eton Park Capital Management, an estimated $132M added.
- The largest Teekay seller in Q4 2013 was State Street, an estimated $87.7M sold.
Based on aggregated 13F filings for Q4 2013.