Teekay Offshore Partners L.P.
TOO
TOO was delisted on the 22nd of January, 2020.
51 hedge funds and large institutions have $425M invested in Teekay Offshore Partners L.P. in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 21 reducing their positions, and 11 closing their positions.
9% more capital invested
Capital invested by funds: $389M → $425M (+$36.7M)
12% less funds holding
Funds holding: 58 → 51 (-7)
21% less call options, than puts
Call options by funds: $932K | Put options by funds: $1.19M
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
76% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$3.11M |
| 2 |
FM
Fondren Management
Houston,
Texas
|
+$238K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$196K |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$196K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$39.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell & Co
New York
|
-$687K |
| 2 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$209K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$204K |
| 4 |
Renaissance Technologies
New York
|
-$204K |
| 5 |
Millennium Management
New York
|
-$187K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| – | -$6K | -4,748 | Closed |
|
|
IFAM
52
Institutional & Family Asset Management
Fort Collins,
Colorado
| – | -$5K | -4,350 | Closed |
|
|
PCMK
53
Paragon Capital Management (Kansas)
Overland Park,
Kansas
| – | -$2K | -1,700 | Closed |
|
54
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -850 | Closed |
|
TOO Hedge Fund Activity: Q3 2019 in Review
51 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Teekay Offshore Partners L.P. (TOO) for Q3 2019, worth a combined $425M — up 9.4% from $389M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TOO and 4 opened new positions — a net loss of 7 holders — while 21 trimmed existing stakes and 5 added.
The largest buyer was CI Investments Inc, adding an estimated $3.11M. The largest seller was Cannell & Co, exiting entirely with an estimated $687K sold.
- 51 institutional investors held Teekay Offshore Partners L.P. (TOO) as of Q3 2019, down from 58 in Q2 2019.
- Funds reported $425M of Teekay Offshore Partners L.P. stock for Q3 2019, up 9.4% quarter-over-quarter.
- 4 funds opened new Teekay Offshore Partners L.P. positions in Q3 2019 and 11 closed out, a net change of -7 holders.
- The largest Teekay Offshore Partners L.P. buyer in Q3 2019 was CI Investments Inc, an estimated $3.11M added.
- The largest Teekay Offshore Partners L.P. seller in Q3 2019 was Cannell & Co, an estimated $687K sold.
Based on aggregated 13F filings for Q3 2019.