Teekay Tankers
TNK
178 hedge funds and large institutions have $705M invested in Teekay Tankers in 2023 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 64 increasing their positions, 59 reducing their positions, and 16 closing their positions.
131% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 16
13% more funds holding
Funds holding: 158 → 178 (+20)
11% more capital invested
Capital invested by funds: $636M → $705M (+$69.3M)
8% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 59
8% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $9.91M
0.23% more ownership
Funds ownership: 56.71% → 56.94% (+0.23%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$9.29M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$8.44M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$8.11M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$4.81M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$4.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
-$10.4M |
| 2 |
Goldman Sachs
New York
|
-$7.06M |
| 3 |
Millennium Management
New York
|
-$5.43M |
| 4 |
LP
LMR Partners
London,
United Kingdom
|
-$5.12M |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$4.89M |
TNK Hedge Fund Activity: Q3 2023 in Review
178 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q3 2023, worth a combined $705M — up 11% from $636M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new TNK positions and 16 closed out — a net gain of 21 holders — while 64 added to existing stakes and 59 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $9.29M. The largest seller was Man Group, exiting entirely with an estimated $10.4M sold.
- 178 institutional investors held Teekay Tankers (TNK) as of Q3 2023, up from 158 in Q2 2023.
- Funds reported $705M of Teekay Tankers stock for Q3 2023, up 11% quarter-over-quarter.
- 37 funds opened new Teekay Tankers positions in Q3 2023 and 16 closed out, a net change of +21 holders.
- The largest Teekay Tankers buyer in Q3 2023 was Bridgeway Capital Management, an estimated $9.29M added.
- The largest Teekay Tankers seller in Q3 2023 was Man Group, an estimated $10.4M sold.
Based on aggregated 13F filings for Q3 2023.