Teekay Tankers
116 hedge funds and large institutions have $119M invested in Teekay Tankers in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 35 reducing their positions, and 20 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 35
0.41% less ownership
Funds ownership: 5.85% → 5.44% (-0.41%)
10% less funds holding
Funds holding: 129 → 116 (-13)
16% less capital invested
Capital invested by funds: $141M → $119M (-$22M)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
58% less call options, than puts
Call options by funds: $162K | Put options by funds: $386K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$12.6M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$3.2M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.42M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.11M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
-$15.2M |
| 2 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$3.25M |
| 3 |
Bank of New York Mellon
New York
|
-$1.29M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$819K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$773K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
HSBC Holdings
London,
United Kingdom
| – | -$45K | -2,509 | Closed |
|
|
SYBT
127
Stock Yards Bank & Trust
Louisville,
Kentucky
| – | -$45K | -2,500 | Closed |
|
128
Two Sigma Advisers
New York
| – | -$34K | -1,863 | Closed |
|
129
Verition Fund Management
Greenwich,
Connecticut
| – | -$29K | -1,608 | Closed |
|
|
FA
130
FDx Advisors
Chicago,
Illinois
| – | -$28K | -1,552 | Closed |
|
|
RFCA
131
R&F Capital Advisors
New York
| – | -$24K | -1,340 | Closed |
|
|
AI
132
Atria Investments
Charlotte,
North Carolina
| – | -$23K | -1,250 | Closed |
|
|
PH
133
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$22.6K | -1,250 | Closed |
|
|
SM
134
SG3 Management
Dorado,
Puerto Rico
| – | -$20K | -1,125 | Closed |
|
|
PCM
135
Prelude Capital Management
New York
| – | -$9K | -513 | Closed |
|
|
GT
136
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$2K | -125 | Closed |
|
TNK Hedge Fund Activity: Q1 2017 in Review
116 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q1 2017, worth a combined $119M — down 16% from $141M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TNK and 13 opened new positions — a net loss of 7 holders — while 35 trimmed existing stakes and 41 added.
The largest buyer was BlackRock, adding an estimated $12.6M. The largest seller was Huber Capital Management, cutting an estimated $15.2M.
- 116 institutional investors held Teekay Tankers (TNK) as of Q1 2017, down from 129 in Q4 2016.
- Funds reported $119M of Teekay Tankers stock for Q1 2017, down 16% quarter-over-quarter.
- 13 funds opened new Teekay Tankers positions in Q1 2017 and 20 closed out, a net change of -7 holders.
- The largest Teekay Tankers buyer in Q1 2017 was BlackRock, an estimated $12.6M added.
- The largest Teekay Tankers seller in Q1 2017 was Huber Capital Management, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2017.