Teekay Offshore Partners L.P.
TOO
TOO was delisted on the 22nd of January, 2020.
87 hedge funds and large institutions have $362M invested in Teekay Offshore Partners L.P. in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 21 reducing their positions, and 20 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 21
4% less funds holding
Funds holding: 91 → 87 (-4)
20% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 20
25% less capital invested
Capital invested by funds: $485M → $362M (-$123M)
89% less call options, than puts
Call options by funds: $123K | Put options by funds: $1.17M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$28.9M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$24.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.2M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$4.1M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$104M |
| 2 |
RA
Rovida Advisors
Fort Lauderdale,
Florida
|
-$9.46M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.63M |
| 4 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$3.39M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$3.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
101
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$67K | -10,544 | Closed |
|
|
MCM
102
Murphy Capital Management
Bedminster,
New Jersey
| – | -$63K | -10,000 | Closed |
|
|
CPIG
103
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$15K | -2,400 | Closed |
|
|
MFS
104
MSI Financial Services
Springfield,
Massachusetts
| – | -$4K | -700 | Closed |
|
105
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -300 | Closed |
|
|
IWMPD
106
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$1K | -100 | Closed |
|
|
BTIS
107
BB&T Investment Services
Charlotte,
North Carolina
| – | +$304 | +54 | New |
|
TOO Hedge Fund Activity: Q4 2016 in Review
87 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Teekay Offshore Partners L.P. (TOO) for Q4 2016, worth a combined $362M — down 25% from $485M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TOO and 16 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 32 added.
The largest buyer was Eagle Global Advisors, adding an estimated $28.9M. The largest seller was Magnetar Financial, exiting entirely with an estimated $104M sold.
- 87 institutional investors held Teekay Offshore Partners L.P. (TOO) as of Q4 2016, down from 91 in Q3 2016.
- Funds reported $362M of Teekay Offshore Partners L.P. stock for Q4 2016, down 25% quarter-over-quarter.
- 16 funds opened new Teekay Offshore Partners L.P. positions in Q4 2016 and 20 closed out, a net change of -4 holders.
- The largest Teekay Offshore Partners L.P. buyer in Q4 2016 was Eagle Global Advisors, an estimated $28.9M added.
- The largest Teekay Offshore Partners L.P. seller in Q4 2016 was Magnetar Financial, an estimated $104M sold.
Based on aggregated 13F filings for Q4 2016.