13G Filing: Huber Capital Management and Teekay Tankers Ltd (TNK)

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
8,124,784 0 12,961,025 0 12,961,025 9.53%

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Page 1 of 7 – SEC Filing



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.4)*
TEEKAY TANKERS LTD CLASS A
(Name of Issuer)
Common Stock
(Title of Class of Securities)
Y8565N102
(CUSIP Number)
4/30/2017
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
T
Rule 13d-1(b)
£
Rule 13d-1(c)
£
Rule 13d-1(d)
*     The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form
       with respect to the subject class of securities, and for any subsequent amendment containing
       information which would alter the disclosures provided in a prior cover page.
      The information required in the remainder of this cover page shall not be deemed to be ”filed” for the
      purpose of Section 18 of the Securities Exchange Act of 1934 (”Act”) or otherwise subject to the
      liabilities of that section of the Act but shall be subject to all other provisions of the Act (however,
      see the Notes.)

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Page 2 of 7 – SEC Filing

CUSIP No. Y8565N102
13G
Page 2 of 7 Pages
1.
NAME OF REPORTING PERSON
I.R.S. INDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

Huber Capital Management, LLC
20-8441410
2.
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
£
(b)
£
3.
SEC USE ONLY
4.
CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware, U.S.A.
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5.
SOLE VOTING POWER
8,124,784
6.
SHARED VOTING POWER
0
7.
SOLE DISPOSITIVE POWER
12,961,025
8.
SHARED DISPOSITIVE POWER
0
9.
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
12,961,025
10.
CHECK BOX IF THE AGGREGRATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
£
11.
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.53% (see reponse to Item 4)
12.
TYPE OF REPORTING PERSON* (see instructions)
IA
*SEE INSTRUCTIONS BEFORE FILLING OUT

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Page 3 of 7 – SEC Filing

Page 3 of 7 Pages
Item 1(a).
Name of Issuer:
TEEKAY TANKERS LTD CLASS A
Item 1(b).
Address of Issuer’s Principal Executive Offices:
69 Pitts Bay Road, Belvedere Building 4th Floor
Hamilton, Bermuda HM08
Item 2(a).
Name of Persons Filing:
Item 2(b).
Address of Principal Business Office, or if None, Residence:
Item 2(c).
Citizenship
Huber Capital Management, LLC
2321 Rosecrans Ave, Suite 3245
El Segundo, CA  90245
(Delaware)
Item 2(d).
Title of Class of Securities:
Common Stock
Item 2(e).
CUSIP Number:
Y8565N102

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Page 4 of 7 – SEC Filing

Page 4 of 7 Pages
Item 3.
If This Statement Is Filed Pursuant to §§ 240.13d-1(b), or 240.13d-2(b) or (c),
Check Whether the Person Filing is a:
(a)
£
Broker or dealer registered under Section 15 of the Exchange
Act (15 U.S.C 78o).
(b)
£
Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)
£
Insurance company as defined in Section 3(a)(19) of the
Exchange Act (15 U.S.C. 78c).
(d)
£
Investment company registered under Section 8 of the
Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)
T
An investment adviser in accordance with §240.13d-
1(b)(1)(ii)(E).
(f)
£
An employee benefit plan or endowment fund in accordance
with §240.13d-1(b)(1)(ii)(F).
(g)
£
A parent holding company or control person in accordance
with §240.13d-1(b)(1)(ii)(G).
(h)
£
A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
(i)
£
A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j)
£
Group, in accordance with §240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1 (c), check this box.
£

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Page 5 of 7 – SEC Filing

Page 5 of 7 Pages
Item 4.   Ownership
If the percent of class owned, as of December 31 of the year covered by the statement,
or as of the last day of any month described in Rule 13d-1 (b) (2), if applicable, exceeds
five percent, provide the following information as of that date and identify those shares
which there is a right to acquire.
(a)
Amount beneficially owned:
12,961,025
(b)
Percent of class:
9.53%
(c)
Number of shares as to which such person has:
(i)    Sole power to vote or to direct the vote:
8,124,784
(ii)   Shared power to vote or to direct the vote:
0
(iii)  Sole power to dispose or to direct the disposition of:
12,961,025
(iv)  Shared power to dispose or to direct the disposition of:
 none

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Page 6 of 7 – SEC Filing

Page 6 of 7 Pages
Item 5.
Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the
reporting person has ceased to be the beneficial owner of more than five percent
of the class of securities, check the following
£
Item 6.
Ownership of More than Five Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct
the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified.  A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the
beneficiaries of employee benefit plan, pension fund or endowment fund is not
required.
Not applicable.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security
Being Reported on by the Parent Holding Company.
Not applicable.
Item 8.
Identification and Classification of Members of the Group.
Not applicable.
Item 9.
Notice of Dissolution of Group.
Not applicable.
Item 10.
Certification.
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired and are held in the ordinary course of
business and were not acquired and are not held for the purpose of or with the
effect of changing or influencing the control of the issuer of the securities and
were not acquired and are not held in connection with or as a participant in any
transaction having that purpose or effect.

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Page 7 of 7 – SEC Filing

Page 7 of 7 Pages

SIGNATURE


 After reasonable inquiry and to the best of my knowledge and belief, I certify that  the information set forth in this statement is true, complete and correct.
Dated this 9th day of May, 2017
Huber Capital Management, LLC
By:  /s/ Gary Thomas
        Gary Thomas
        Principal, COO/CCO

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