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Teekay Tankers

71 hedge funds and large institutions have $62.5M invested in Teekay Tankers in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 26 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.08% less ownership

Funds ownership: 4.28%4.21% (-0.08%)

5% less funds holding

Funds holding: 7571 (-4)

15% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 26

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

21% less capital invested

Capital invested by funds: $79.3M → $62.5M (-$16.8M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

75% less call options, than puts

Call options by funds: $54K | Put options by funds: $219K

Holders
71
Holders Change
-4
Holders Change %
-5.33%
% of All Funds
2.3%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
10
Increased
22
Reduced
26
Closed
12
Calls
$54K
Puts
$219K
Net Calls
-$165K
Net Calls Change
+$183K
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$18.4M +$35.6K +1,625 +0.2%
CA
2
Corrado Advisors
New Jersey
$8.37M -$1.17M -53,359 -12%
CCM
3
Contrarian Capital Management
Connecticut
$8.11M +$192K +8,773 +2%
BFA
4
BlackRock Fund Advisors
California
$4.7M +$493K +22,517 +11%
State Street
5
State Street
Massachusetts
$3.07M -$110K -5,038 -3%
BIT
6
BlackRock Institutional Trust
California
$2.08M +$23.6K +1,076 +1%
Bank of America
7
Bank of America
North Carolina
$2.03M -$310K -14,150 -13%
Northern Trust
8
Northern Trust
Illinois
$1.94M -$8.28K -378 -0.4%
Morgan Stanley
9
Morgan Stanley
New York
$1.14M +$105K +4,782 +10%
GC
10
Guggenheim Capital
Illinois
$1.07M +$486K +22,194 +77%
WMSA
11
Weiss Multi-Strategy Advisers
New York
$960K +$505K +23,064 +102%
WP
12
Westend Partners
California
$873K +$909K +41,504 New
TCIM
13
TIAA CREF Investment Management
New York
$759K -$29.2K -1,331 -4%
WS
14
Wedbush Securities
California
$646K -$7.17K -327 -1%
Invesco
15
Invesco
Georgia
$621K -$23K -1,049 -3%
GMCM
16
Gruber & McBaine Capital Management
California
$611K
BIM
17
BlackRock Investment Management
Delaware
$576K -$6.27K -286 -1%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$572K +$26.1K +1,192 +5%
U
19
UBS
Switzerland
$557K -$104K -4,732 -15%
California Public Employees Retirement System
20
California Public Employees Retirement System
California
$413K +$71.2K +3,250 +20%
Wells Fargo
21
Wells Fargo
California
$378K +$8.7K +397 +2%
AllianceBernstein
22
AllianceBernstein
Tennessee
$297K -$17.5K -797 -5%
California State Teachers Retirement System (CalSTRS)
23
California State Teachers Retirement System (CalSTRS)
California
$293K +$9.62K +439 +3%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$269K +$44.2K +2,018 +19%
Vanguard Group
25
Vanguard Group
Pennsylvania
$250K +$10.3K +472 +4%

TNK Hedge Fund Activity: Q3 2013 in Review

71 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q3 2013, worth a combined $62.5M — down 21% from $79.3M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of TNK and 10 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 22 added.

The largest buyer was Weiss Multi-Strategy Advisers, adding an estimated $505K. The largest seller was Park West Asset Management, exiting entirely with an estimated $16.3M sold.

  • 71 institutional investors held Teekay Tankers (TNK) as of Q3 2013, down from 75 in Q2 2013.
  • Funds reported $62.5M of Teekay Tankers stock for Q3 2013, down 21% quarter-over-quarter.
  • 10 funds opened new Teekay Tankers positions in Q3 2013 and 12 closed out, a net change of -2 holders.
  • The largest Teekay Tankers buyer in Q3 2013 was Weiss Multi-Strategy Advisers, an estimated $505K added.
  • The largest Teekay Tankers seller in Q3 2013 was Park West Asset Management, an estimated $16.3M sold.

Based on aggregated 13F filings for Q3 2013.