Teekay Tankers
TNK
104 hedge funds and large institutions have $82.3M invested in Teekay Tankers in 2017 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 35 reducing their positions, and 18 closing their positions.
27% more call options, than puts
Call options by funds: $61K | Put options by funds: $48K
0.41% less ownership
Funds ownership: 4.87% → 4.47% (-0.41%)
4% less funds holding
Funds holding: 108 → 104 (-4)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
21% less capital invested
Capital invested by funds: $104M → $82.3M (-$21.9M)
26% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.41M |
| 2 |
First Eagle Investment Management
New York
|
+$902K |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$859K |
| 4 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$834K |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$628K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QF
QVT Financial
New York
|
-$4.14M |
| 2 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
-$2.58M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.43M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$1.99M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$863K |
TNK Hedge Fund Activity: Q3 2017 in Review
104 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q3 2017, worth a combined $82.3M — down 21% from $104M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TNK and 15 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 26 added.
The largest buyer was Acadian Asset Management, adding an estimated $1.41M. The largest seller was QVT Financial, exiting entirely with an estimated $4.14M sold.
- 104 institutional investors held Teekay Tankers (TNK) as of Q3 2017, down from 108 in Q2 2017.
- Funds reported $82.3M of Teekay Tankers stock for Q3 2017, down 21% quarter-over-quarter.
- 15 funds opened new Teekay Tankers positions in Q3 2017 and 18 closed out, a net change of -3 holders.
- The largest Teekay Tankers buyer in Q3 2017 was Acadian Asset Management, an estimated $1.41M added.
- The largest Teekay Tankers seller in Q3 2017 was QVT Financial, an estimated $4.14M sold.
Based on aggregated 13F filings for Q3 2017.