Teekay
137 hedge funds and large institutions have $351M invested in Teekay in 2016 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 49 increasing their positions, 47 reducing their positions, and 28 closing their positions.
21% more capital invested
Capital invested by funds: $289M → $351M (+$61.5M)
4% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 47
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.08% less ownership
Funds ownership: 55.76% → 53.68% (-2.1%)
10% less funds holding
Funds holding: 152 → 137 (-15)
25% less call options, than puts
Call options by funds: $1.38M | Put options by funds: $1.82M
50% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.4M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$13.1M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$12.5M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$9.56M |
| 5 |
Morgan Stanley
New York
|
+$8.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$14M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$7.94M |
| 3 |
Neuberger Berman Group
New York
|
-$5.42M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.53M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.43M |
TK Hedge Fund Activity: Q3 2016 in Review
137 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q3 2016, worth a combined $351M — up 21% from $289M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TK and 14 opened new positions — a net loss of 14 holders — while 47 trimmed existing stakes and 49 added.
The largest buyer was Fidelity Investments, adding an estimated $25.4M. The largest seller was AQR Capital Management, cutting an estimated $14M.
- 137 institutional investors held Teekay (TK) as of Q3 2016, down from 152 in Q2 2016.
- Funds reported $351M of Teekay stock for Q3 2016, up 21% quarter-over-quarter.
- 14 funds opened new Teekay positions in Q3 2016 and 28 closed out, a net change of -14 holders.
- The largest Teekay buyer in Q3 2016 was Fidelity Investments, an estimated $25.4M added.
- The largest Teekay seller in Q3 2016 was AQR Capital Management, an estimated $14M sold.
Based on aggregated 13F filings for Q3 2016.