Teekay Tankers
108 hedge funds and large institutions have $104M invested in Teekay Tankers in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 43 increasing their positions, 34 reducing their positions, and 17 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 34
0.56% less ownership
Funds ownership: 5.44% → 4.87% (-0.56%)
7% less funds holding
Funds holding: 116 → 108 (-8)
12% less capital invested
Capital invested by funds: $119M → $104M (-$14.5M)
30% less call options, than puts
Call options by funds: $131K | Put options by funds: $188K
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Huber Capital Management
El Segundo,
California
|
+$3.1M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$2.58M |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
+$648K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$630K |
| 5 |
Renaissance Technologies
New York
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
California Public Employees Retirement System
Sacramento,
California
|
-$2.65M |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$2.22M |
| 3 |
QF
QVT Financial
New York
|
-$2.02M |
| 4 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$1.37M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$1.2M |
TNK Hedge Fund Activity: Q2 2017 in Review
108 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q2 2017, worth a combined $104M — down 12% from $119M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TNK and 9 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 43 added.
The largest buyer was Huber Capital Management, adding an estimated $3.1M. The largest seller was California Public Employees Retirement System, cutting an estimated $2.65M.
- 108 institutional investors held Teekay Tankers (TNK) as of Q2 2017, down from 116 in Q1 2017.
- Funds reported $104M of Teekay Tankers stock for Q2 2017, down 12% quarter-over-quarter.
- 9 funds opened new Teekay Tankers positions in Q2 2017 and 17 closed out, a net change of -8 holders.
- The largest Teekay Tankers buyer in Q2 2017 was Huber Capital Management, an estimated $3.1M added.
- The largest Teekay Tankers seller in Q2 2017 was California Public Employees Retirement System, an estimated $2.65M sold.
Based on aggregated 13F filings for Q2 2017.