Teekay Offshore Partners L.P.
TOO
TOO was delisted on the 22nd of January, 2020.
69 hedge funds and large institutions have $377M invested in Teekay Offshore Partners L.P. in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
8% more funds holding
Funds holding: 64 → 69 (+5)
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
48% less capital invested
Capital invested by funds: $729M → $377M (-$353M)
87% less call options, than puts
Call options by funds: $186K | Put options by funds: $1.43M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$11.1M |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$1.34M |
| 3 |
GC
Globeflex Capital
San Diego,
California
|
+$885K |
| 4 |
JP Morgan Chase
New York
|
+$524K |
| 5 |
Renaissance Technologies
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$2.9M |
| 2 |
RA
RR Advisors
Dallas,
Texas
|
-$1.32M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$1.11M |
| 4 |
First Manhattan
New York
|
-$565K |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$403K |
TOO Hedge Fund Activity: Q4 2018 in Review
69 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Teekay Offshore Partners L.P. (TOO) for Q4 2018, worth a combined $377M — down 48% from $729M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TOO positions and 10 closed out — a net gain of 6 holders — while 14 added to existing stakes and 22 trimmed.
The largest buyer was CI Investments Inc, opening a new position worth an estimated $11.1M. The largest seller was Fidelity Investments, cutting an estimated $2.9M.
- 69 institutional investors held Teekay Offshore Partners L.P. (TOO) as of Q4 2018, up from 64 in Q3 2018.
- Funds reported $377M of Teekay Offshore Partners L.P. stock for Q4 2018, down 48% quarter-over-quarter.
- 16 funds opened new Teekay Offshore Partners L.P. positions in Q4 2018 and 10 closed out, a net change of +6 holders.
- The largest Teekay Offshore Partners L.P. buyer in Q4 2018 was CI Investments Inc, an estimated $11.1M added.
- The largest Teekay Offshore Partners L.P. seller in Q4 2018 was Fidelity Investments, an estimated $2.9M sold.
Based on aggregated 13F filings for Q4 2018.