Teekay Tankers
91 hedge funds and large institutions have $121M invested in Teekay Tankers in 2014 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 13 closing their positions.
343% more call options, than puts
Call options by funds: $797K | Put options by funds: $180K
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
35% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 23
10% more funds holding
Funds holding: 83 → 91 (+8)
0.29% more ownership
Funds ownership: 5.39% → 5.68% (+0.29%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $132M → $121M (-$11.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$4.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.32M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$624K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$593K |
| 5 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
+$515K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$2.1M |
| 2 |
WS
Wedbush Securities
Los Angeles,
California
|
-$926K |
| 3 |
WCM
Westend Capital Management
Sausalito,
California
|
-$750K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$639K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$345K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
101
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$23K | -664 | Closed |
|
102
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$7K | -195 | Closed |
|
|
WA
103
Winfield Associates
Cleveland,
Ohio
| – | -$1K | -50 | Closed |
|
|
PSI
104
Pinnacle Summer Investments
Fairfax,
Virginia
| – | +$426 | +13 | New |
|
TNK Hedge Fund Activity: Q3 2014 in Review
91 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q3 2014, worth a combined $121M — down 8.5% from $132M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TNK positions and 13 closed out — a net gain of 8 holders — while 31 added to existing stakes and 23 trimmed.
The largest buyer was WCM Investment Management, adding an estimated $4.7M. The largest seller was Bridgeway Capital Management, exiting entirely with an estimated $2.1M sold.
- 91 institutional investors held Teekay Tankers (TNK) as of Q3 2014, up from 83 in Q2 2014.
- Funds reported $121M of Teekay Tankers stock for Q3 2014, down 8.5% quarter-over-quarter.
- 21 funds opened new Teekay Tankers positions in Q3 2014 and 13 closed out, a net change of +8 holders.
- The largest Teekay Tankers buyer in Q3 2014 was WCM Investment Management, an estimated $4.7M added.
- The largest Teekay Tankers seller in Q3 2014 was Bridgeway Capital Management, an estimated $2.1M sold.
Based on aggregated 13F filings for Q3 2014.