Teekay Tankers
151 hedge funds and large institutions have $412M invested in Teekay Tankers in 2015 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 62 increasing their positions, 30 reducing their positions, and 35 closing their positions.
295% more call options, than puts
Call options by funds: $4.97M | Put options by funds: $1.26M
107% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 30
39% more capital invested
Capital invested by funds: $298M → $412M (+$115M)
17% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 35
3% more funds holding
Funds holding: 146 → 151 (+5)
0.8% more ownership
Funds ownership: 7.12% → 7.92% (+0.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$25M |
| 2 |
HCM
Huber Capital Management
El Segundo,
California
|
+$14.8M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$8.61M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$7.62M |
| 5 |
QI
QS Investors
New York
|
+$7.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$11.8M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.31M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.99M |
| 4 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$2.9M |
| 5 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
-$2.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PC
176
Passport Capital
San Francisco,
California
| – | -$69K | -1,509 | Closed |
|
|
ICAS
177
Investors Capital Advisory Services
Lynnfield,
Massachusetts
| – | -$59K | -1,306 | Closed |
|
|
PH
178
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$57.4K | -1,250 | Closed |
|
|
SIM
179
Strategic Investment Management
Arlington,
Virginia
| – | -$57K | -1,250 | Closed |
|
|
ST
180
Spot Trading
Chicago,
Illinois
| – | -$61.4K | -1,142 | Closed |
|
181
Creative Planning
Overland Park,
Kansas
| – | -$42K | -913 | Closed |
|
|
TCM
182
Tradewinds Capital Management
Bellingham,
Washington
| – | -$14K | -313 | Closed |
|
|
PCM
183
Prelude Capital Management
New York
| – | -$6K | -132 | Closed |
|
|
BFEC
184
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$3K | -63 | Closed |
|
185
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -34 | Closed |
|
TNK Hedge Fund Activity: Q2 2015 in Review
151 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q2 2015, worth a combined $412M — up 39% from $298M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new TNK positions and 35 closed out — a net gain of 6 holders — while 62 added to existing stakes and 30 trimmed.
The largest buyer was Bank of America, adding an estimated $25M. The largest seller was T. Rowe Price Associates, cutting an estimated $11.8M.
- 151 institutional investors held Teekay Tankers (TNK) as of Q2 2015, up from 146 in Q1 2015.
- Funds reported $412M of Teekay Tankers stock for Q2 2015, up 39% quarter-over-quarter.
- 41 funds opened new Teekay Tankers positions in Q2 2015 and 35 closed out, a net change of +6 holders.
- The largest Teekay Tankers buyer in Q2 2015 was Bank of America, an estimated $25M added.
- The largest Teekay Tankers seller in Q2 2015 was T. Rowe Price Associates, an estimated $11.8M sold.
Based on aggregated 13F filings for Q2 2015.