Teekay
80 hedge funds and large institutions have $30.4M invested in Teekay in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 16 increasing their positions, 28 reducing their positions, and 43 closing their positions.
6.96% less ownership
Funds ownership: 19.53% → 12.56% (-7%)
22% less funds holding
Funds holding: 102 → 80 (-22)
43% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 28
50% less call options, than puts
Call options by funds: $686K | Put options by funds: $1.37M
51% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 43
53% less capital invested
Capital invested by funds: $64.2M → $30.4M (-$33.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.51M |
| 2 |
Morgan Stanley
New York
|
+$1.92M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.62M |
| 4 |
Jane Street
New York
|
+$1.39M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$905K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$11.3M |
| 2 |
State Street
Boston,
Massachusetts
|
-$4.26M |
| 3 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$2.94M |
| 4 |
JP Morgan Chase
New York
|
-$2.64M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$1.97M |
TK Hedge Fund Activity: Q2 2020 in Review
80 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Teekay (TK) for Q2 2020, worth a combined $30.4M — down 53% from $64.2M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of TK and 21 opened new positions — a net loss of 22 holders — while 28 trimmed existing stakes and 16 added.
The largest buyer was Millennium Management, adding an estimated $3.51M. The largest seller was BlackRock, cutting an estimated $11.3M.
- 80 institutional investors held Teekay (TK) as of Q2 2020, down from 102 in Q1 2020.
- Funds reported $30.4M of Teekay stock for Q2 2020, down 53% quarter-over-quarter.
- 21 funds opened new Teekay positions in Q2 2020 and 43 closed out, a net change of -22 holders.
- The largest Teekay buyer in Q2 2020 was Millennium Management, an estimated $3.51M added.
- The largest Teekay seller in Q2 2020 was BlackRock, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2020.