Teekay Offshore Partners L.P.
TOO
TOO was delisted on the 22nd of January, 2020.
70 hedge funds and large institutions have $213M invested in Teekay Offshore Partners L.P. in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 25 increasing their positions, 27 reducing their positions, and 20 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 27
19% less funds holding
Funds holding: 86 → 70 (-16)
48% less capital invested
Capital invested by funds: $407M → $213M (-$193M)
80% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 20
92% less call options, than puts
Call options by funds: $83K | Put options by funds: $1.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$10.7M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
+$8.75M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$2.33M |
| 4 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$1.29M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$20.9M |
| 2 |
GAM
Goldentree Asset Management
New York
|
-$7.66M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$7.44M |
| 4 |
Goldman Sachs
New York
|
-$4.71M |
| 5 |
ClearBridge Investments
New York
|
-$3.41M |
TOO Hedge Fund Activity: Q2 2017 in Review
70 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Teekay Offshore Partners L.P. (TOO) for Q2 2017, worth a combined $213M — down 48% from $407M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TOO and 4 opened new positions — a net loss of 16 holders — while 27 trimmed existing stakes and 25 added.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $10.7M. The largest seller was Salient Capital Advisors, exiting entirely with an estimated $20.9M sold.
- 70 institutional investors held Teekay Offshore Partners L.P. (TOO) as of Q2 2017, down from 86 in Q1 2017.
- Funds reported $213M of Teekay Offshore Partners L.P. stock for Q2 2017, down 48% quarter-over-quarter.
- 4 funds opened new Teekay Offshore Partners L.P. positions in Q2 2017 and 20 closed out, a net change of -16 holders.
- The largest Teekay Offshore Partners L.P. buyer in Q2 2017 was Park West Asset Management, an estimated $10.7M added.
- The largest Teekay Offshore Partners L.P. seller in Q2 2017 was Salient Capital Advisors, an estimated $20.9M sold.
Based on aggregated 13F filings for Q2 2017.