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Teekay Tankers

80 hedge funds and large institutions have $69.2M invested in Teekay Tankers in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more call options, than puts

Call options by funds: $13K | Put options by funds: $12K

0.05% more ownership

Funds ownership: 3.73%3.78% (+0.05%)

14% less capital invested

Capital invested by funds: $80.9M → $69.2M (-$11.6M)

17% less funds holding

Funds holding: 9680 (-16)

28% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 25

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

64% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 25

Holders
80
Holders Change
-16
Holders Change %
-16.67%
% of All Funds
1.83%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
9
Increased
18
Reduced
25
Closed
25
Calls
$13K
Puts
$12K
Net Calls
+$1K
Net Calls Change
+$26K
Name Holding Trade Value Shares
Change
Change in
Stake
Allianz Asset Management
26
Allianz Asset Management
Germany
$389K
Charles Schwab
27
Charles Schwab
California
$345K
TCIM
28
TIAA CREF Investment Management
New York
$306K -$106K -12,736 -25%
California State Teachers Retirement System (CalSTRS)
29
California State Teachers Retirement System (CalSTRS)
California
$289K
Thrivent Financial for Lutherans
30
Thrivent Financial for Lutherans
Minnesota
$272K
Millennium Management
31
Millennium Management
New York
$258K -$245K -29,551 -47%
AllianceBernstein
32
AllianceBernstein
Tennessee
$202K
New York State Common Retirement Fund
33
New York State Common Retirement Fund
New York
$200K
RhumbLine Advisers
34
RhumbLine Advisers
Massachusetts
$181K -$591K -71,197 -76%
California Public Employees Retirement System
35
California Public Employees Retirement System
California
$170K
Manulife (Manufacturers Life Insurance)
36
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$145K -$11.9K -1,429 -7%
PAM
37
Panagora Asset Management
Massachusetts
$134K +$141K +17,006 New
AIG
38
American International Group
New York
$125K +$2.37K +286 +2%
LC
39
Loews Corp
New York
$108K
Goldman Sachs
40
Goldman Sachs
New York
$105K -$49.4K -5,949 -31%
Schroder Investment Management Group
41
Schroder Investment Management Group
United Kingdom
$103K
ECM
42
Evergreen Capital Management
Washington
$89K -$4.93K -594 -5%
Barclays
43
Barclays
United Kingdom
$83K +$71.5K +8,613 +479%
AAMU
44
Amundi Asset Management US
Massachusetts
$78K +$24.9K +3,000 +44%
VOYA Investment Management
45
VOYA Investment Management
Georgia
$62K
Citigroup
46
Citigroup
New York
$56K +$14.8K +1,789 +34%
Creative Planning
47
Creative Planning
Kansas
$50K
D.E. Shaw & Co
48
D.E. Shaw & Co
New York
$45K +$47.1K +5,672 New
TSS
49
Two Sigma Securities
New York
$40K -$7.92K -954 -16%
AWM
50
AE Wealth Management
Kansas
$38K +$39.5K +4,766 New

TNK Hedge Fund Activity: Q3 2018 in Review

80 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q3 2018, worth a combined $69.2M — down 14% from $80.9M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of TNK and 9 opened new positions — a net loss of 16 holders — while 25 trimmed existing stakes and 18 added.

The largest buyer was BlackRock, adding an estimated $7.37M. The largest seller was Assured Investment Management, cutting an estimated $2.18M.

  • 80 institutional investors held Teekay Tankers (TNK) as of Q3 2018, down from 96 in Q2 2018.
  • Funds reported $69.2M of Teekay Tankers stock for Q3 2018, down 14% quarter-over-quarter.
  • 9 funds opened new Teekay Tankers positions in Q3 2018 and 25 closed out, a net change of -16 holders.
  • The largest Teekay Tankers buyer in Q3 2018 was BlackRock, an estimated $7.37M added.
  • The largest Teekay Tankers seller in Q3 2018 was Assured Investment Management, an estimated $2.18M sold.

Based on aggregated 13F filings for Q3 2018.