US financial firm Neuberger Berman has culled most of its holding in Teekay Corp, bringing its holding to just 2.06%.
The New York investment advisor told the US Securities & Exchange Commission that it now holds less than 1.49 million shares in the New York-listed tanker giant, which is the parent of the Teekay group of companies.
Neuberger previously held 5.6 million shares, making it the second largest shareholder at the time with a 7.7%
