Teekay Tankers
91 hedge funds and large institutions have $98.5M invested in Teekay Tankers in 2014 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 30 increasing their positions, 22 reducing their positions, and 12 closing their positions.
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
62% more call options, than puts
Call options by funds: $812K | Put options by funds: $500K
36% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 22
18% more funds holding
Funds holding: 77 → 91 (+14)
0.21% more ownership
Funds ownership: 4.68% → 4.9% (+0.21%)
6% less capital invested
Capital invested by funds: $104M → $98.5M (-$5.85M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$3.46M |
| 2 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$1.63M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.08M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$1.01M |
| 5 |
ZAM
Zenit Asset Management
Stockholm,
Sweden
|
+$945K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
-$4.7M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$2.53M |
| 3 |
NCA
New Century Advisors
Chevy Chase,
Maryland
|
-$1.15M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.04M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$563K |
TNK Hedge Fund Activity: Q1 2014 in Review
91 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q1 2014, worth a combined $98.5M — down 5.6% from $104M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TNK positions and 12 closed out — a net gain of 14 holders — while 30 added to existing stakes and 22 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $3.46M. The largest seller was Corrado Advisors, cutting an estimated $4.7M.
- 91 institutional investors held Teekay Tankers (TNK) as of Q1 2014, up from 77 in Q4 2013.
- Funds reported $98.5M of Teekay Tankers stock for Q1 2014, down 5.6% quarter-over-quarter.
- 26 funds opened new Teekay Tankers positions in Q1 2014 and 12 closed out, a net change of +14 holders.
- The largest Teekay Tankers buyer in Q1 2014 was T. Rowe Price Associates, an estimated $3.46M added.
- The largest Teekay Tankers seller in Q1 2014 was Corrado Advisors, an estimated $4.7M sold.
Based on aggregated 13F filings for Q1 2014.