Teekay Tankers
143 hedge funds and large institutions have $538M invested in Teekay Tankers in 2015 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 62 increasing their positions, 36 reducing their positions, and 33 closing their positions.
914% more call options, than puts
Call options by funds: $7.85M | Put options by funds: $774K
72% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 36
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
31% more capital invested
Capital invested by funds: $412M → $538M (+$126M)
1.51% more ownership
Funds ownership: 7.92% → 9.42% (+1.5%)
5% less funds holding
Funds holding: 151 → 143 (-8)
18% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$22M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$17.1M |
| 3 |
MP
MSD Partners
New York
|
+$14.3M |
| 4 |
LIM
Lorem Ipsum Management
New York
|
+$13.5M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$21.9M |
| 2 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$7.49M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.79M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.33M |
| 5 |
Renaissance Technologies
New York
|
-$3.02M |
TNK Hedge Fund Activity: Q3 2015 in Review
143 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q3 2015, worth a combined $538M — up 31% from $412M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of TNK and 27 opened new positions — a net loss of 6 holders — while 36 trimmed existing stakes and 62 added.
The largest buyer was Millennium Management, adding an estimated $22M. The largest seller was T. Rowe Price Associates, cutting an estimated $21.9M.
- 143 institutional investors held Teekay Tankers (TNK) as of Q3 2015, down from 151 in Q2 2015.
- Funds reported $538M of Teekay Tankers stock for Q3 2015, up 31% quarter-over-quarter.
- 27 funds opened new Teekay Tankers positions in Q3 2015 and 33 closed out, a net change of -6 holders.
- The largest Teekay Tankers buyer in Q3 2015 was Millennium Management, an estimated $22M added.
- The largest Teekay Tankers seller in Q3 2015 was T. Rowe Price Associates, an estimated $21.9M sold.
Based on aggregated 13F filings for Q3 2015.