Teekay Tankers
196 hedge funds and large institutions have $1.08B invested in Teekay Tankers in 2024 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 81 increasing their positions, 63 reducing their positions, and 33 closing their positions.
110% more call options, than puts
Call options by funds: $40.8M | Put options by funds: $19.5M
29% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 63
16% more capital invested
Capital invested by funds: $928M → $1.08B (+$148M)
0% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 33
0.88% less ownership
Funds ownership: 63.36% → 62.48% (-0.88%)
2% less funds holding
Funds holding: 199 → 196 (-3)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.7M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$32.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$23.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$21.2M |
| 5 |
SG Americas Securities
New York
|
+$14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$58.5M |
| 2 |
LP
LMR Partners
London,
United Kingdom
|
-$21.1M |
| 3 |
Millennium Management
New York
|
-$18.5M |
| 4 |
Two Sigma Investments
New York
|
-$15.8M |
| 5 |
ECA
Encompass Capital Advisors
New York
|
-$12.4M |
TNK Hedge Fund Activity: Q1 2024 in Review
196 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q1 2024, worth a combined $1.08B — up 16% from $928M a quarter earlier.
Fund positioning in TNK was balanced in Q1 2024: 33 funds opened new positions, 33 closed out, 81 added to existing stakes and 63 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $37.7M. The largest seller was Morgan Stanley, cutting an estimated $58.5M.
- 196 institutional investors held Teekay Tankers (TNK) as of Q1 2024, down from 199 in Q4 2023.
- Funds reported $1.08B of Teekay Tankers stock for Q1 2024, up 16% quarter-over-quarter.
- 33 funds opened new Teekay Tankers positions in Q1 2024 and 33 closed out, a net change of 0 holders.
- The largest Teekay Tankers buyer in Q1 2024 was Fidelity Investments, an estimated $37.7M added.
- The largest Teekay Tankers seller in Q1 2024 was Morgan Stanley, an estimated $58.5M sold.
Based on aggregated 13F filings for Q1 2024.