Advantage Oil & Gas Ltd
AAV
AAV was delisted on the 21st of September, 2018.
103 hedge funds and large institutions have $550M invested in Advantage Oil & Gas Ltd in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 39 reducing their positions, and 14 closing their positions.
2% more capital invested
Capital invested by funds: $538M → $550M (+$11.7M)
4% less funds holding
Funds holding: 107 → 103 (-4)
13% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 39
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
30% less call options, than puts
Call options by funds: $193K | Put options by funds: $274K
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
+$25.8M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$15M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$10.1M |
| 4 |
SCP
SailingStone Capital Partners
Houston,
Texas
|
+$6.81M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
+$5.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$45.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$19M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$15.3M |
| 4 |
DSC
Donald Smith & Co
New York
|
-$9.86M |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$6.08M |
AAV Hedge Fund Activity: Q1 2016 in Review
103 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Advantage Oil & Gas Ltd (AAV) for Q1 2016, worth a combined $550M — up 2.2% from $538M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of AAV and 10 opened new positions — a net loss of 4 holders — while 39 trimmed existing stakes and 34 added.
The largest buyer was Burgundy Asset Management, adding an estimated $25.8M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $45.5M sold.
- 103 institutional investors held Advantage Oil & Gas Ltd (AAV) as of Q1 2016, down from 107 in Q4 2015.
- Funds reported $550M of Advantage Oil & Gas Ltd stock for Q1 2016, up 2.2% quarter-over-quarter.
- 10 funds opened new Advantage Oil & Gas Ltd positions in Q1 2016 and 14 closed out, a net change of -4 holders.
- The largest Advantage Oil & Gas Ltd buyer in Q1 2016 was Burgundy Asset Management, an estimated $25.8M added.
- The largest Advantage Oil & Gas Ltd seller in Q1 2016 was Mackenzie Financial, an estimated $45.5M sold.
Based on aggregated 13F filings for Q1 2016.