Teekay Offshore Partners L.P.
TOO
TOO was delisted on the 22nd of January, 2020.
54 hedge funds and large institutions have $590M invested in Teekay Offshore Partners L.P. in 2019 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more capital invested
Capital invested by funds: $425M → $590M (+$165M)
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
6% more funds holding
Funds holding: 51 → 54 (+3)
19% less call options, than puts
Call options by funds: $968K | Put options by funds: $1.19M
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
+$20M |
| 2 |
Morgan Stanley
New York
|
+$14.7M |
| 3 |
Man Group
London,
United Kingdom
|
+$14.6M |
| 4 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
+$6.93M |
| 5 |
SCS
Syquant Capital SAS
Paris,
France
|
+$4.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI Investments Inc
Toronto,
Ontario, Canada
|
-$21.7M |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$8.27M |
| 3 |
JP Morgan Chase
New York
|
-$2.42M |
| 4 |
First Manhattan
New York
|
-$2.27M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.98M |
TOO Hedge Fund Activity: Q4 2019 in Review
54 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Teekay Offshore Partners L.P. (TOO) for Q4 2019, worth a combined $590M — up 39% from $425M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TOO positions and 16 closed out — a net gain of 3 holders — while 8 added to existing stakes and 17 trimmed.
The largest buyer was Beryl Capital Management, opening a new position worth an estimated $20M. The largest seller was CI Investments Inc, cutting an estimated $21.7M.
- 54 institutional investors held Teekay Offshore Partners L.P. (TOO) as of Q4 2019, up from 51 in Q3 2019.
- Funds reported $590M of Teekay Offshore Partners L.P. stock for Q4 2019, up 39% quarter-over-quarter.
- 19 funds opened new Teekay Offshore Partners L.P. positions in Q4 2019 and 16 closed out, a net change of +3 holders.
- The largest Teekay Offshore Partners L.P. buyer in Q4 2019 was Beryl Capital Management, an estimated $20M added.
- The largest Teekay Offshore Partners L.P. seller in Q4 2019 was CI Investments Inc, an estimated $21.7M sold.
Based on aggregated 13F filings for Q4 2019.