Teekay Offshore Partners L.P.
TOO
TOO was delisted on the 22nd of January, 2020.
61 hedge funds and large institutions have $368M invested in Teekay Offshore Partners L.P. in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 21 reducing their positions, and 14 closing their positions.
2% less capital invested
Capital invested by funds: $377M → $368M (-$8.16M)
12% less funds holding
Funds holding: 69 → 61 (-8)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
52% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 21
97% less call options, than puts
Call options by funds: $61K | Put options by funds: $1.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$5.05M |
| 2 |
FM
Fondren Management
Houston,
Texas
|
+$476K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$386K |
| 4 |
Millennium Management
New York
|
+$374K |
| 5 |
Jane Street
New York
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$3.83M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$3.22M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.56M |
| 4 |
VanEck Associates
New York
|
-$1.28M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$612K |
TOO Hedge Fund Activity: Q1 2019 in Review
61 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Teekay Offshore Partners L.P. (TOO) for Q1 2019, worth a combined $368M — down 2.2% from $377M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TOO and 7 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 10 added.
The largest buyer was CI Investments Inc, adding an estimated $5.05M. The largest seller was Eagle Global Advisors, cutting an estimated $3.83M.
- 61 institutional investors held Teekay Offshore Partners L.P. (TOO) as of Q1 2019, down from 69 in Q4 2018.
- Funds reported $368M of Teekay Offshore Partners L.P. stock for Q1 2019, down 2.2% quarter-over-quarter.
- 7 funds opened new Teekay Offshore Partners L.P. positions in Q1 2019 and 14 closed out, a net change of -7 holders.
- The largest Teekay Offshore Partners L.P. buyer in Q1 2019 was CI Investments Inc, an estimated $5.05M added.
- The largest Teekay Offshore Partners L.P. seller in Q1 2019 was Eagle Global Advisors, an estimated $3.83M sold.
Based on aggregated 13F filings for Q1 2019.