Advantage Oil & Gas Ltd
AAV
AAV was delisted on the 21st of September, 2018.
87 hedge funds and large institutions have $468M invested in Advantage Oil & Gas Ltd in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 38 reducing their positions, and 19 closing their positions.
12% less funds holding
Funds holding: 99 → 87 (-12)
25% less capital invested
Capital invested by funds: $623M → $468M (-$155M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
42% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 38
52% less call options, than puts
Call options by funds: $190K | Put options by funds: $393K
63% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JA
JVL Advisors
Houston,
Texas
|
+$23.6M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.82M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$5.76M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$3.6M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$11M |
| 2 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$10.3M |
| 3 |
LA
Libra Advisors
New York
|
-$8.73M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$8.43M |
| 5 |
Renaissance Technologies
New York
|
-$5.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Neuberger Berman Group
New York
| – | -$120K | -17,792 | Closed |
|
|
IRS
102
Invictus RG (Singapore)
Singapore
| – | -$100K | -14,900 | Closed |
|
|
TRCT
103
Tower Research Capital (TRC)
New York
| – | -$36K | -5,433 | Closed |
|
|
PCM
104
Prelude Capital Management
New York
| – | -$17K | -2,470 | Closed |
|
105
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -500 | Closed |
|
|
BRWA
106
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$1.63K | -242 | Closed |
|
AAV Hedge Fund Activity: Q3 2014 in Review
87 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Advantage Oil & Gas Ltd (AAV) for Q3 2014, worth a combined $468M — down 25% from $623M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of AAV and 7 opened new positions — a net loss of 12 holders — while 38 trimmed existing stakes and 22 added.
The largest buyer was JVL Advisors, opening a new position worth an estimated $23.6M. The largest seller was I.G. Investment Management, cutting an estimated $11M.
- 87 institutional investors held Advantage Oil & Gas Ltd (AAV) as of Q3 2014, down from 99 in Q2 2014.
- Funds reported $468M of Advantage Oil & Gas Ltd stock for Q3 2014, down 25% quarter-over-quarter.
- 7 funds opened new Advantage Oil & Gas Ltd positions in Q3 2014 and 19 closed out, a net change of -12 holders.
- The largest Advantage Oil & Gas Ltd buyer in Q3 2014 was JVL Advisors, an estimated $23.6M added.
- The largest Advantage Oil & Gas Ltd seller in Q3 2014 was I.G. Investment Management, an estimated $11M sold.
Based on aggregated 13F filings for Q3 2014.