Highfields Capital Management’s Baytex Energy BTE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q2	–	Sell	-250,000	Closed	-$851K	–	67
2017 Q1	$851K	Buy	+250,000	New	+$851K	0.01%	64
2015 Q2	–	Sell	-400,000	Closed	-$6.33M	–	73
2015 Q1	$6.33M	Buy	+400,000	New	+$6.33M	0.06%	63