Teekay Tankers
111 hedge funds and large institutions have $120M invested in Teekay Tankers in 2017 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 35 increasing their positions, 26 reducing their positions, and 21 closing their positions.
45% more capital invested
Capital invested by funds: $82.3M → $120M (+$37.3M)
35% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 26
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
7% more funds holding
Funds holding: 104 → 111 (+7)
0.15% more ownership
Funds ownership: 4.47% → 4.62% (+0.15%)
94% less call options, than puts
Call options by funds: $6K | Put options by funds: $93K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Assured Investment Management
New York
|
+$26.9M |
| 2 |
OIM
Oceanic Investment Management
Douglas,
Isle Of Man
|
+$9.55M |
| 3 |
BlackRock
New York
|
+$6.04M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$5.32M |
| 5 |
GCM
Greywolf Capital Management
Purchase,
New York
|
+$3.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$921K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$877K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$808K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$709K |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$634K |
TNK Hedge Fund Activity: Q4 2017 in Review
111 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q4 2017, worth a combined $120M — up 45% from $82.3M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TNK positions and 21 closed out — a net gain of 7 holders — while 35 added to existing stakes and 26 trimmed.
The largest buyer was Assured Investment Management, opening a new position worth an estimated $26.9M. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $921K.
- 111 institutional investors held Teekay Tankers (TNK) as of Q4 2017, up from 104 in Q3 2017.
- Funds reported $120M of Teekay Tankers stock for Q4 2017, up 45% quarter-over-quarter.
- 28 funds opened new Teekay Tankers positions in Q4 2017 and 21 closed out, a net change of +7 holders.
- The largest Teekay Tankers buyer in Q4 2017 was Assured Investment Management, an estimated $26.9M added.
- The largest Teekay Tankers seller in Q4 2017 was Thrivent Financial for Lutherans, an estimated $921K sold.
Based on aggregated 13F filings for Q4 2017.