Teekay Tankers
62 hedge funds and large institutions have $86.7M invested in Teekay Tankers in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 26 reducing their positions, and 23 closing their positions.
10.1% less ownership
Funds ownership: 33.2% → 23.11% (-10%)
16% less funds holding
Funds holding: 74 → 62 (-12)
17% less capital invested
Capital invested by funds: $105M → $86.7M (-$18.1M)
28% less call options, than puts
Call options by funds: $6.26M | Put options by funds: $8.67M
52% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 23
54% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.57M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.97M |
| 3 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
+$994K |
| 4 |
KI
Kapitalo Investimentos
Sao Paulo,
Brazil
|
+$576K |
| 5 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$412K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$7.42M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$5.11M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$4.29M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$3.25M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
76
Prelude Capital Management
New York
| – | -$163K | -15,035 | Closed |
|
|
LP
77
LMR Partners
London,
United Kingdom
| – | -$153K | -14,118 | Closed |
|
|
DTL
78
Dynamic Technology Lab
Singapore
| – | -$145K | -13,365 | Closed |
|
79
State Street
Boston,
Massachusetts
| – | -$118K | -10,886 | Closed |
|
|
JG
80
Jefferies Group
New York
| – | -$108K | -10,000 | Closed |
|
|
PAM
81
Panagora Asset Management
Boston,
Massachusetts
| – | -$32K | -2,977 | Closed |
|
|
SC
82
Solstein Capital
Menlo Park,
California
| – | -$31K | -2,850 | Closed |
|
83
New York State Common Retirement Fund
Albany,
New York
| – | -$20K | -1,824 | Closed |
|
84
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$12K | -1,148 | Closed |
|
|
GT
85
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$5K | -527 | Closed |
|
TNK Hedge Fund Activity: Q4 2020 in Review
62 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q4 2020, worth a combined $86.7M — down 17% from $105M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TNK and 11 opened new positions — a net loss of 12 holders — while 26 trimmed existing stakes and 12 added.
The largest buyer was Ameriprise, adding an estimated $4.57M. The largest seller was Coatue Management, exiting entirely with an estimated $7.42M sold.
- 62 institutional investors held Teekay Tankers (TNK) as of Q4 2020, down from 74 in Q3 2020.
- Funds reported $86.7M of Teekay Tankers stock for Q4 2020, down 17% quarter-over-quarter.
- 11 funds opened new Teekay Tankers positions in Q4 2020 and 23 closed out, a net change of -12 holders.
- The largest Teekay Tankers buyer in Q4 2020 was Ameriprise, an estimated $4.57M added.
- The largest Teekay Tankers seller in Q4 2020 was Coatue Management, an estimated $7.42M sold.
Based on aggregated 13F filings for Q4 2020.