Teekay Tankers
107 hedge funds and large institutions have $248M invested in Teekay Tankers in 2020 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 27 increasing their positions, 36 reducing their positions, and 22 closing their positions.
231% more call options, than puts
Call options by funds: $19.4M | Put options by funds: $5.87M
59% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 22
11% more funds holding
Funds holding: 96 → 107 (+11)
0.03% more ownership
Funds ownership: 38.42% → 38.45% (+0.03%)
7% less capital invested
Capital invested by funds: $267M → $248M (-$19.2M)
25% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 36
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$9.99M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.28M |
| 3 |
JG
Jefferies Group
New York
|
+$4.41M |
| 4 |
JP Morgan Chase
New York
|
+$4.18M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Greywolf Capital Management
Purchase,
New York
|
-$6.41M |
| 2 |
NSGL
No Street GP LP
San Francisco,
California
|
-$5.64M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$4.86M |
| 4 |
ARTA
A.R.T. Advisors
New York
|
-$4.09M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$4.09M |
TNK Hedge Fund Activity: Q1 2020 in Review
107 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q1 2020, worth a combined $248M — down 7.2% from $267M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TNK positions and 22 closed out — a net gain of 13 holders — while 27 added to existing stakes and 36 trimmed.
The largest buyer was Oxford Asset Management, opening a new position worth an estimated $9.99M. The largest seller was Greywolf Capital Management, exiting entirely with an estimated $6.41M sold.
- 107 institutional investors held Teekay Tankers (TNK) as of Q1 2020, up from 96 in Q4 2019.
- Funds reported $248M of Teekay Tankers stock for Q1 2020, down 7.2% quarter-over-quarter.
- 35 funds opened new Teekay Tankers positions in Q1 2020 and 22 closed out, a net change of +13 holders.
- The largest Teekay Tankers buyer in Q1 2020 was Oxford Asset Management, an estimated $9.99M added.
- The largest Teekay Tankers seller in Q1 2020 was Greywolf Capital Management, an estimated $6.41M sold.
Based on aggregated 13F filings for Q1 2020.