Teekay Tankers
159 hedge funds and large institutions have $723M invested in Teekay Tankers in 2023 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 50 increasing their positions, 55 reducing their positions, and 25 closing their positions.
70% more capital invested
Capital invested by funds: $425M → $723M (+$298M)
48% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 25
18% more call options, than puts
Call options by funds: $22.5M | Put options by funds: $19.1M
9.47% more ownership
Funds ownership: 47.27% → 56.74% (+9.5%)
7% more funds holding
Funds holding: 149 → 159 (+10)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$11.2M |
| 2 |
Morgan Stanley
New York
|
+$10.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$7.55M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$7.52M |
| 5 |
Renaissance Technologies
New York
|
+$6.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$13.7M |
| 2 |
Man Group
London,
United Kingdom
|
-$9.04M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.02M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$6.13M |
| 5 |
Nisa Investment Advisors
St. Louis,
Missouri
|
-$4.27M |
TNK Hedge Fund Activity: Q1 2023 in Review
159 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Teekay Tankers (TNK) for Q1 2023, worth a combined $723M — up 70% from $425M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new TNK positions and 25 closed out — a net gain of 12 holders — while 50 added to existing stakes and 55 trimmed.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, adding an estimated $11.2M. The largest seller was BlackRock, cutting an estimated $13.7M.
- 159 institutional investors held Teekay Tankers (TNK) as of Q1 2023, up from 149 in Q4 2022.
- Funds reported $723M of Teekay Tankers stock for Q1 2023, up 70% quarter-over-quarter.
- 37 funds opened new Teekay Tankers positions in Q1 2023 and 25 closed out, a net change of +12 holders.
- The largest Teekay Tankers buyer in Q1 2023 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $11.2M added.
- The largest Teekay Tankers seller in Q1 2023 was BlackRock, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2023.