Teekay Tankers
77 hedge funds and large institutions have $104M invested in Teekay Tankers in 2013 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 24 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
67% more capital invested
Capital invested by funds: $62.5M → $104M (+$41.8M)
17% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 24
8% more funds holding
Funds holding: 71 → 77 (+6)
0.48% more ownership
Funds ownership: 4.21% → 4.68% (+0.48%)
92% less call options, than puts
Call options by funds: $35K | Put options by funds: $414K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
+$1.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.33M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$1.1M |
| 4 |
MSA
Mason Street Advisors
Milwaukee,
Wisconsin
|
+$1.05M |
| 5 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$851K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
-$1.06M |
| 2 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$882K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$243K |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$221K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $202 | +$10.3K | +438 | +7% |
|
|
77
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$243K | -11,601 | Closed |
|
|
EWM
78
Edge Wealth Management
New York
| – | -$131K | -6,250 | Closed |
|
|
EEG
79
E.E. Geduld
| – | -$131K | -6,250 | Closed |
|
80
ProShare Advisors
Bethesda,
Maryland
| – | -$104K | -4,940 | Closed |
|
|
VKH
81
Virtu KCG Holdings
New York
| – | -$74K | -3,538 | Closed |
|
|
AAM
82
Azzad Asset Management
Falls Church,
Virginia
| – | -$40.6K | -1,938 | Closed |
|
83
SG Americas Securities
New York
| – | -$29K | -1,384 | Closed |
|
|
WA
84
WFG Advisors
Dallas,
Texas
| – | -$7K | -320 | Closed |
|
85
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -63 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | +$354 | +15 | New |
|
TNK Hedge Fund Activity: Q4 2013 in Review
77 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q4 2013, worth a combined $104M — up 67% from $62.5M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TNK positions and 10 closed out — a net gain of 7 holders — while 28 added to existing stakes and 24 trimmed.
The largest buyer was J. Goldman & Co, opening a new position worth an estimated $1.9M. The largest seller was Corrado Advisors, cutting an estimated $1.06M.
- 77 institutional investors held Teekay Tankers (TNK) as of Q4 2013, up from 71 in Q3 2013.
- Funds reported $104M of Teekay Tankers stock for Q4 2013, up 67% quarter-over-quarter.
- 17 funds opened new Teekay Tankers positions in Q4 2013 and 10 closed out, a net change of +7 holders.
- The largest Teekay Tankers buyer in Q4 2013 was J. Goldman & Co, an estimated $1.9M added.
- The largest Teekay Tankers seller in Q4 2013 was Corrado Advisors, an estimated $1.06M sold.
Based on aggregated 13F filings for Q4 2013.