Teekay
105 hedge funds and large institutions have $213M invested in Teekay in 2017 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 39 reducing their positions, and 17 closing their positions.
18% more capital invested
Capital invested by funds: $181M → $213M (+$32M)
3.77% less ownership
Funds ownership: 31.53% → 27.75% (-3.8%)
6% less funds holding
Funds holding: 112 → 105 (-7)
24% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 17
38% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 39
89% less call options, than puts
Call options by funds: $2.04M | Put options by funds: $18.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.07M |
| 2 |
DI
Dalton Investments
Las Vegas,
Nevada
|
+$1.99M |
| 3 |
Millennium Management
New York
|
+$1.95M |
| 4 |
SC
Sculptor Capital
New York
|
+$1.06M |
| 5 |
CIP
Convergence Investment Partners
Palm Beach Gardens,
Florida
|
+$521K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$11.3M |
| 2 |
BlackRock
New York
|
-$6.58M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$2.87M |
| 4 |
JP Morgan Chase
New York
|
-$1.62M |
| 5 |
Morgan Stanley
New York
|
-$1.28M |
TK Hedge Fund Activity: Q3 2017 in Review
105 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q3 2017, worth a combined $213M — up 18% from $181M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TK and 13 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 24 added.
The largest buyer was Goldman Sachs, adding an estimated $2.07M. The largest seller was Eagle Global Advisors, exiting entirely with an estimated $11.3M sold.
- 105 institutional investors held Teekay (TK) as of Q3 2017, down from 112 in Q2 2017.
- Funds reported $213M of Teekay stock for Q3 2017, up 18% quarter-over-quarter.
- 13 funds opened new Teekay positions in Q3 2017 and 17 closed out, a net change of -4 holders.
- The largest Teekay buyer in Q3 2017 was Goldman Sachs, an estimated $2.07M added.
- The largest Teekay seller in Q3 2017 was Eagle Global Advisors, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2017.