Teekay Tankers
98 hedge funds and large institutions have $99M invested in Teekay Tankers in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 21 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 29
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.12% less ownership
Funds ownership: 4.62% → 4.5% (-0.12%)
12% less funds holding
Funds holding: 111 → 98 (-13)
17% less capital invested
Capital invested by funds: $120M → $99M (-$20.6M)
62% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 21
98% less call options, than puts
Call options by funds: $2K | Put options by funds: $113K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.46M |
| 2 |
RhumbLine Advisers
Boston,
Massachusetts
|
+$729K |
| 3 |
State Street
Boston,
Massachusetts
|
+$674K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$584K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$535K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$2.62M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.62M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.51M |
| 4 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
-$1.14M |
| 5 |
First Eagle Investment Management
New York
|
-$787K |
TNK Hedge Fund Activity: Q1 2018 in Review
98 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q1 2018, worth a combined $99M — down 17% from $120M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of TNK and 8 opened new positions — a net loss of 13 holders — while 29 trimmed existing stakes and 32 added.
The largest buyer was Ameriprise, adding an estimated $2.46M. The largest seller was Northern Trust, cutting an estimated $2.62M.
- 98 institutional investors held Teekay Tankers (TNK) as of Q1 2018, down from 111 in Q4 2017.
- Funds reported $99M of Teekay Tankers stock for Q1 2018, down 17% quarter-over-quarter.
- 8 funds opened new Teekay Tankers positions in Q1 2018 and 21 closed out, a net change of -13 holders.
- The largest Teekay Tankers buyer in Q1 2018 was Ameriprise, an estimated $2.46M added.
- The largest Teekay Tankers seller in Q1 2018 was Northern Trust, an estimated $2.62M sold.
Based on aggregated 13F filings for Q1 2018.