Teekay
174 hedge funds and large institutions have $2.6B invested in Teekay in 2014 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 75 increasing their positions, 44 reducing their positions, and 15 closing their positions.
100% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 15
70% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 44
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
11% more capital invested
Capital invested by funds: $2.33B → $2.6B (+$265M)
9% more funds holding
Funds holding: 159 → 174 (+15)
0.78% less ownership
Funds ownership: 58.52% → 57.74% (-0.78%)
9% less call options, than puts
Call options by funds: $48.3M | Put options by funds: $52.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
+$39.6M |
| 2 |
Two Sigma Advisers
New York
|
+$18.7M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$18.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$18.3M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCM
Eton Park Capital Management
New York
|
-$43.3M |
| 2 |
MP
MSD Partners
New York
|
-$38.4M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$35.8M |
| 4 |
JP Morgan Chase
New York
|
-$26.8M |
| 5 |
HCM
Highline Capital Management
New York
|
-$17.9M |
TK Hedge Fund Activity: Q2 2014 in Review
174 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q2 2014, worth a combined $2.6B — up 11% from $2.33B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new TK positions and 15 closed out — a net gain of 15 holders — while 75 added to existing stakes and 44 trimmed.
The largest buyer was TIAA CREF Investment Management, adding an estimated $39.6M. The largest seller was Eton Park Capital Management, cutting an estimated $43.3M.
- 174 institutional investors held Teekay (TK) as of Q2 2014, up from 159 in Q1 2014.
- Funds reported $2.6B of Teekay stock for Q2 2014, up 11% quarter-over-quarter.
- 30 funds opened new Teekay positions in Q2 2014 and 15 closed out, a net change of +15 holders.
- The largest Teekay buyer in Q2 2014 was TIAA CREF Investment Management, an estimated $39.6M added.
- The largest Teekay seller in Q2 2014 was Eton Park Capital Management, an estimated $43.3M sold.
Based on aggregated 13F filings for Q2 2014.