Teekay Tankers
83 hedge funds and large institutions have $132M invested in Teekay Tankers in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 23 closing their positions.
202% more call options, than puts
Call options by funds: $1.19M | Put options by funds: $396K
34% more capital invested
Capital invested by funds: $98.5M → $132M (+$33.2M)
0.5% more ownership
Funds ownership: 4.9% → 5.39% (+0.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
9% less funds holding
Funds holding: 91 → 83 (-8)
35% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$5.55M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.65M |
| 3 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.81M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.5M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$1.13M |
| 2 |
ZAM
Zenit Asset Management
Stockholm,
Sweden
|
-$927K |
| 3 |
Millennium Management
New York
|
-$747K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$646K |
| 5 |
WCM
Westend Capital Management
Sausalito,
California
|
-$433K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
101
Tower Research Capital (TRC)
New York
| – | -$56K | -1,988 | Closed |
|
|
TC
102
TFS Capital
West Chester,
Pennsylvania
| – | -$53K | -1,855 | Closed |
|
103
Walleye Trading
New York
| – | -$46 | -1,641 | Closed |
|
|
N
104
Natixis
Paris,
France
| – | -$36K | -1,275 | Closed |
|
|
MFS
105
MSI Financial Services
Springfield,
Massachusetts
| – | -$5K | -163 | Closed |
|
|
TDC
106
Thompson Davis & Co
Richmond,
Virginia
| – | -$2K | -63 | Closed |
|
TNK Hedge Fund Activity: Q2 2014 in Review
83 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q2 2014, worth a combined $132M — up 34% from $98.5M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of TNK and 15 opened new positions — a net loss of 8 holders — while 30 trimmed existing stakes and 28 added.
The largest buyer was WCM Investment Management, opening a new position worth an estimated $5.55M. The largest seller was Jacobs Levy Equity Management, exiting entirely with an estimated $1.13M sold.
- 83 institutional investors held Teekay Tankers (TNK) as of Q2 2014, down from 91 in Q1 2014.
- Funds reported $132M of Teekay Tankers stock for Q2 2014, up 34% quarter-over-quarter.
- 15 funds opened new Teekay Tankers positions in Q2 2014 and 23 closed out, a net change of -8 holders.
- The largest Teekay Tankers buyer in Q2 2014 was WCM Investment Management, an estimated $5.55M added.
- The largest Teekay Tankers seller in Q2 2014 was Jacobs Levy Equity Management, an estimated $1.13M sold.
Based on aggregated 13F filings for Q2 2014.