Teekay Tankers
96 hedge funds and large institutions have $80.9M invested in Teekay Tankers in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 31 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2% less funds holding
Funds holding: 98 → 96 (-2)
6.12% less ownership
Funds ownership: 35.98% → 29.86% (-6.1%)
23% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 31
63% less call options, than puts
Call options by funds: $15K | Put options by funds: $40K
74% less capital inflows, than outflows
Capital inflows: $5.61M | Capital outflows: $21.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bienville Capital Management
New York
|
+$994K |
| 2 |
Carlson Capital
Dallas,
Texas
|
+$916K |
| 3 |
Renaissance Technologies
New York
|
+$851K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$837K |
| 5 |
Millennium Management
New York
|
+$565K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assured Investment Management
New York
|
-$10.9M |
| 2 |
Oceanic Investment Management
Douglas,
Isle Of Man
|
-$3.1M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$2.19M |
| 4 |
Huber Capital Management
El Segundo,
California
|
-$1.67M |
| 5 |
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.08M |
TNK Hedge Fund Activity: Q2 2018 in Review
96 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q2 2018, worth a combined $80.9M — down 18% from $99M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TNK and 13 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 24 added.
The largest buyer was Bienville Capital Management, opening a new position worth an estimated $994K. The largest seller was Assured Investment Management, cutting an estimated $10.9M.
- 96 institutional investors held Teekay Tankers (TNK) as of Q2 2018, down from 98 in Q1 2018.
- Funds reported $80.9M of Teekay Tankers stock for Q2 2018, down 18% quarter-over-quarter.
- 13 funds opened new Teekay Tankers positions in Q2 2018 and 14 closed out, a net change of -1 holder.
- The largest Teekay Tankers buyer in Q2 2018 was Bienville Capital Management, an estimated $994K added.
- The largest Teekay Tankers seller in Q2 2018 was Assured Investment Management, an estimated $10.9M sold.
Based on aggregated 13F filings for Q2 2018.