Teekay Offshore Partners L.P.
TOO
TOO was delisted on the 22nd of January, 2020.
69 hedge funds and large institutions have $155M invested in Teekay Offshore Partners L.P. in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% more funds holding
Funds holding: 68 → 69 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
79% less capital invested
Capital invested by funds: $754M → $155M (-$599M)
96% less call options, than puts
Call options by funds: $348K | Put options by funds: $7.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.5M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$2.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.67M |
| 4 |
Morgan Stanley
New York
|
+$1.66M |
| 5 |
Renaissance Technologies
New York
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$576M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$29.6M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$3.65M |
| 4 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$2.5M |
| 5 |
Millennium Management
New York
|
-$2.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Simplex Trading
Chicago,
Illinois
| – | -$148 | -58 | Closed |
|
|
ML
77
McAdam LLC
Philadelphia,
Pennsylvania
| – | +$41 | +16 | New |
|
|
NWM
78
Northwest Wealth Management
Spencer,
Iowa
| – | +$227 | +89 | New |
|
TOO Hedge Fund Activity: Q1 2018 in Review
69 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Teekay Offshore Partners L.P. (TOO) for Q1 2018, worth a combined $155M — down 79% from $754M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TOO positions and 11 closed out — a net gain of 2 holders — while 22 added to existing stakes and 22 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $15.5M. The largest seller was Brookfield Corp, exiting entirely with an estimated $576M sold.
- 69 institutional investors held Teekay Offshore Partners L.P. (TOO) as of Q1 2018, up from 68 in Q4 2017.
- Funds reported $155M of Teekay Offshore Partners L.P. stock for Q1 2018, down 79% quarter-over-quarter.
- 13 funds opened new Teekay Offshore Partners L.P. positions in Q1 2018 and 11 closed out, a net change of +2 holders.
- The largest Teekay Offshore Partners L.P. buyer in Q1 2018 was Fidelity Investments, an estimated $15.5M added.
- The largest Teekay Offshore Partners L.P. seller in Q1 2018 was Brookfield Corp, an estimated $576M sold.
Based on aggregated 13F filings for Q1 2018.