Teekay Offshore Partners L.P.
TOO
TOO was delisted on the 22nd of January, 2020.
58 hedge funds and large institutions have $389M invested in Teekay Offshore Partners L.P. in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 10 closing their positions.
5% more capital invested
Capital invested by funds: $368M → $389M (+$20.1M)
5% less funds holding
Funds holding: 61 → 58 (-3)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
33% less call options, than puts
Call options by funds: $848K | Put options by funds: $1.27M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$71.5M |
| 2 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$6.96M |
| 3 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$2.41M |
| 4 |
JP Morgan Chase
New York
|
+$1.23M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$803K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$8.35M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$697K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$478K |
| 4 |
FM
Fondren Management
Houston,
Texas
|
-$453K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$380K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $1K | +$1.07K | +850 | New |
|
|
LM
52
Luminus Management
Houston,
Texas
| – | -$8.35M | -6,961,835 | Closed |
|
|
FM
53
Fondren Management
Houston,
Texas
| – | -$453K | -377,116 | Closed |
|
54
Parallax Volatility Advisers
San Francisco,
California
| – | -$44K | -36,458 | Closed |
|
|
EGA
55
Eagle Global Advisors
Houston,
Texas
| – | -$39K | -32,407 | Closed |
|
|
MWNA
56
Marshall Wace North America
New York
| – | -$23K | -19,099 | Closed |
|
|
SWM
57
SeaCrest Wealth Management
Purchase,
New York
| – | -$21K | -17,500 | Closed |
|
|
SWP
58
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$13K | -11,200 | Closed |
|
|
IC
59
Inscription Capital
Houston,
Texas
| – | -$11K | -9,000 | Closed |
|
60
Citigroup
New York
| – | -$891 | -705 | -100% |
|
|
ED
61
Exane Derivatives
Paris,
France
| – | -$10 | -8 | Closed |
|
|
HNB
62
Huntington National Bank
Columbus,
Ohio
| – | +$1 | +1 | New |
|
TOO Hedge Fund Activity: Q2 2019 in Review
58 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Teekay Offshore Partners L.P. (TOO) for Q2 2019, worth a combined $389M — up 5.4% from $368M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TOO and 9 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 13 added.
The largest buyer was Brookfield Corp, adding an estimated $71.5M. The largest seller was Luminus Management, exiting entirely with an estimated $8.35M sold.
- 58 institutional investors held Teekay Offshore Partners L.P. (TOO) as of Q2 2019, down from 61 in Q1 2019.
- Funds reported $389M of Teekay Offshore Partners L.P. stock for Q2 2019, up 5.4% quarter-over-quarter.
- 9 funds opened new Teekay Offshore Partners L.P. positions in Q2 2019 and 10 closed out, a net change of -1 holder.
- The largest Teekay Offshore Partners L.P. buyer in Q2 2019 was Brookfield Corp, an estimated $71.5M added.
- The largest Teekay Offshore Partners L.P. seller in Q2 2019 was Luminus Management, an estimated $8.35M sold.
Based on aggregated 13F filings for Q2 2019.