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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, 35 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 35

0.57% less ownership

Funds ownership: 5.44%4.87% (-0.57%)

7% less funds holding

Funds holding: 116108 (-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

Holders
108
Holders Change
-8
Holders Change %
-6.9%
% of All Funds
2.69%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
43
Reduced
35
Closed
17
Calls
$131K
Puts
$188K
Net Calls
-$57K
Net Calls Change
+$167K
Name Holding Trade Value Shares
Change
Change in
Stake
HCM
1
Huber Capital Management
California
$27.4M +$3.1M +200,351 +12%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$11.7M +$630K +40,734 +6%
BlackRock
3
BlackRock
New York
$10.5M +$170K +11,003 +2%
Northern Trust
4
Northern Trust
Illinois
$5.82M +$2.58M +166,802 +76%
QF
5
QVT Financial
New York
$4.14M -$2.02M -130,271 -32%
State Street
6
State Street
Massachusetts
$3.67M +$329K +21,297 +10%
GC
7
Guggenheim Capital
Illinois
$3.21M +$460K +29,751 +16%
CCM
8
Contrarian Capital Management
Connecticut
$2.58M
Bank of America
9
Bank of America
North Carolina
$2.55M -$75.9K -4,905 -3%
Schroder Investment Management Group
10
Schroder Investment Management Group
United Kingdom
$2.49M +$236K +15,263 +10%
Allianz Asset Management
11
Allianz Asset Management
Germany
$2.01M
UOC
12
UBS O'Connor
Illinois
$1.99M -$101K -6,536 -5%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$1.86M +$568K +36,737 +42%
SFM
14
Systematic Financial Management
New Jersey
$1.73M +$342K +22,121 +24%
Thrivent Financial for Lutherans
15
Thrivent Financial for Lutherans
Minnesota
$1.72M +$36.2K +2,342 +2%
BCM
16
Bridgeway Capital Management
Texas
$1.16M -$387K -25,000 -25%
PAM
17
Panagora Asset Management
Massachusetts
$1.06M -$345K -22,314 -24%
OAM
18
Oxford Asset Management
United Kingdom
$982K -$939K -60,690 -48%
Morgan Stanley
19
Morgan Stanley
New York
$938K -$34.1K -2,207 -3%
CA
20
Corrado Advisors
New Jersey
$803K +$234K +15,096 +39%
Invesco
21
Invesco
Georgia
$797K -$104K -6,692 -11%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$739K +$17.5K +1,133 +2%
Prudential Financial
23
Prudential Financial
New Jersey
$717K
MERSOM
24
Municipal Employees' Retirement System of Michigan
Michigan
$630K +$648K +41,895 New
CF
25
CNA Financial
Illinois
$625K +$106K +6,825 +20%

TNK Hedge Fund Activity: Q2 2017 in Review

108 of the 4,011 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 35 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.