STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Renaissance Files Schedule 13G for Teekay (TK): 4,396,122 Shares (5.16%)

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Renaissance Technologies LLC and Renaissance Technologies Holdings Corporation report beneficial ownership of 4,396,122 common shares of Teekay Corporation Ltd., representing 5.16% of the class. The filing shows the reporting persons have sole voting and sole dispositive power over these shares, and it notes that certain Renaissance-managed funds have the right to receive dividends or proceeds from the securities.

This Schedule 13G is submitted under the rules for passive investors and the signatories certify the shares are held in the ordinary course of business and not for the purpose of changing control. The disclosure notifies the market of a material institutional passive position in Teekay.

Positive

  • None.

Negative

  • None.

Insights

TL;DR Renaissance holds a material passive stake: 4,396,122 shares (5.16%), disclosed as non-activist with sole voting and dispositive power.

Renaissance Technologies' reported 4,396,122-share stake equals 5.16% of Teekay's common shares, a threshold that triggers SEC disclosure. The Schedule 13G designation and the certification that the holdings are in the ordinary course of business indicate this is presented as a passive, non-control position rather than an activist campaign. Sole voting and dispositive power means Renaissance directly manages the economic and voting rights of the position, which may influence liquidity and shareholder base concentration but does not, by this filing alone, signal a change in corporate strategy or governance.

TL;DR A non-activist >5% holder with sole voting/dispositive power is disclosed; the filing asserts no intent to influence control, so governance impact appears neutral.

The filing under Schedule 13G indicates Renaissance Technologies is reporting a passive position above the 5% threshold. The document explicitly states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control. From a governance perspective, the immediate implication is increased shareholder concentration to note, but without statements or actions indicating activism, the filing itself presents no direct governance threat or proposal. Monitor for any later amendments or Schedule 13D filings that would suggest a shift in intent.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



Renaissance Technologies LLC
Signature:Brian Felczak
Name/Title:Chief Financial Officer
Date:08/13/2025
Renaissance Technologies Holdings Corporation
Signature:Brian Felczak
Name/Title:Vice President
Date:08/13/2025
Exhibit Information

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, each of the undersigned agrees to the filing on behalf of each of a Statement on Schedule 13G, and all amendments thereto, with respect to Common Shares, par value of $0.001 per share of TEEKAY CORPORATION LTD.

Teekay Corporation Ltd

NYSE:TK

TK Rankings

TK Latest News

TK Latest SEC Filings

TK Stock Data

816.88M
53.33M
37.45%
49.53%
2.41%
Oil & Gas Midstream
Energy
Link
Bermuda
Hamilton