Mast Capital Management’s Bellatrix Exploration Ltd. BXE Stock Holding History

Mast Capital Management’s Portfolio BXE Stock Details BXE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-660,580	Closed	-$12M	–	9
2014 Q4	$12M	Buy	660,580 +141,900	+27%	+$3.15M	8.61%	4
2014 Q3	$15.9M	Buy	518,680 +260,760	+101%	+$9.74M	12.24%	4
2014 Q2	$11.2M	Buy	257,920 +120,560	+88%	+$5.45M	2.89%	4
2014 Q1	$5.79M	Hold	137,360	–	–	2.82%	5
2013 Q4	$5.03M	Buy	137,360 +130,000	+1,766%	+$4.75M	2.7%	3
2013 Q3	$280K	Buy	+7,360	New	+$251K	0.15%	5

Other funds holding BXE

Orange Capital Manhasset, New York $5.5M AUM 32.32% 1-Year Est. Return

Baupost Group Boston, Massachusetts $5.12B AUM 15.99% 1-Year Est. Return

Fiera Capital (Canada) Montreal, Quebec, Canada $29.2B AUM 20.16% 1-Year Est. Return

GGHC

Gilder Gagnon Howe & Co New York $8.34B AUM 46.58% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

Public Sector Pension Investment Board (PSP Investments) Montreal, Quebec, Canada $32.1B AUM 31.84% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

DCM

Driehaus Capital Management Chicago, Illinois $13.6B AUM 173.98% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Mast Capital Management's BXE Position: Q1 2015 in Review

Mast Capital Management sold out of Bellatrix Exploration Ltd. (BXE) in Q1 2015, closing a stake of 660,580 shares — an estimated $12M sold.

Mast Capital Management first reported a position in BXE in Q3 2013 and held it in 6 quarters. The position peaked at $15.9M in Q3 2014. 89 funds tracked by Wall St. Rank hold BXE as of Q1 2015.

Mast Capital Management reported no remaining Bellatrix Exploration Ltd. position as of Q1 2015 after selling out during the quarter.
Mast Capital Management sold 660,580 Bellatrix Exploration Ltd. shares in Q1 2015, an estimated $12M.
Mast Capital Management first reported a position in Bellatrix Exploration Ltd. in Q3 2013 and held it in 6 quarters.
Mast Capital Management's Bellatrix Exploration Ltd. position peaked at $15.9M in Q3 2014.
89 funds tracked by Wall St. Rank held Bellatrix Exploration Ltd. as of Q1 2015.

Based on Mast Capital Management's 13F filing for Q1 2015, filed 15 May 2015.