Teekay Tankers
74 hedge funds and large institutions have $105M invested in Teekay Tankers in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 39 reducing their positions, and 37 closing their positions.
2.22% more ownership
Funds ownership: 30.98% → 33.2% (+2.2%)
9% less capital invested
Capital invested by funds: $116M → $105M (-$10.8M)
27% less funds holding
Funds holding: 101 → 74 (-27)
32% less call options, than puts
Call options by funds: $8.83M | Put options by funds: $13M
59% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 39
73% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$22.8M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.89M |
| 3 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$3.93M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$1.37M |
| 5 |
MWNA
Marshall Wace North America
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$2.73M |
| 2 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$2.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.86M |
| 4 |
Jane Street
New York
|
-$1.82M |
| 5 |
Man Group
London,
United Kingdom
|
-$1.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
101
Edge Wealth Management
New York
| – | -$58K | -4,530 | Closed |
|
|
OCM
102
Ovata Capital Management
Hong Kong
| – | -$15K | -1,200 | Closed |
|
103
Citigroup
New York
| – | -$11.5K | -877 | -100% |
|
|
PAG
104
Private Advisor Group
Morristown,
New Jersey
| – | -$6K | -464 | Closed |
|
105
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$6K | -441 | Closed |
|
|
BWM
106
Baystate Wealth Management
Boston,
Massachusetts
| – | -$4K | -350 | Closed |
|
|
MAM
107
Meeder Asset Management
Dublin,
Ohio
| – | -$3K | -277 | Closed |
|
|
CAGAS
108
Capital Advisory Group Advisory Services
Bloomington,
Minnesota
| – | -$2K | -164 | Closed |
|
|
MF
109
Manchester Financial
Westlake Village,
California
| – | -$1K | -104 | Closed |
|
|
VFA
110
Valeo Financial Advisors
Carmel,
Indiana
| – | -$1K | -60 | Closed |
|
TNK Hedge Fund Activity: Q3 2020 in Review
74 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q3 2020, worth a combined $105M — down 9.3% from $116M a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of TNK and 10 opened new positions — a net loss of 27 holders — while 39 trimmed existing stakes and 16 added.
The largest buyer was Russell Investments Group, adding an estimated $22.8M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $2.73M sold.
- 74 institutional investors held Teekay Tankers (TNK) as of Q3 2020, down from 101 in Q2 2020.
- Funds reported $105M of Teekay Tankers stock for Q3 2020, down 9.3% quarter-over-quarter.
- 10 funds opened new Teekay Tankers positions in Q3 2020 and 37 closed out, a net change of -27 holders.
- The largest Teekay Tankers buyer in Q3 2020 was Russell Investments Group, an estimated $22.8M added.
- The largest Teekay Tankers seller in Q3 2020 was Renaissance Technologies, an estimated $2.73M sold.
Based on aggregated 13F filings for Q3 2020.