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AAV

Advantage Oil & Gas Ltd
AAV

Delisted

AAV was delisted on the 21st of September, 2018.

100 hedge funds and large institutions have $498M invested in Advantage Oil & Gas Ltd in 2017 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 44 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 13

1% less funds holding

Funds holding: 101100 (-1)

25% less capital invested

Capital invested by funds: $666M → $498M (-$168M)

32% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 44

72% less call options, than puts

Call options by funds: $907K | Put options by funds: $3.27M

Holders
100
Holders Change
-1
Holders Change %
-0.99%
% of All Funds
2.27%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
13
Increased
30
Reduced
44
Closed
13
Calls
$907K
Puts
$3.27M
Net Calls
-$2.37M
Net Calls Change
-$981K
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
1
Burgundy Asset Management
Ontario, Canada
$93.8M +$8.17M +1,622,276 +8%
Mackenzie Financial
2
Mackenzie Financial
Ontario, Canada
$48.7M +$7.03M +1,396,627 +14%
MBI
3
Montrusco Bolton Investments
Quebec, Canada
$34.4M +$2.93M +581,562 +8%
Connor, Clark & Lunn Investment Management (CC&L)
4
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$30.2M -$5.63M -1,118,969 -14%
Bank of Montreal
5
Bank of Montreal
Ontario, Canada
$27.2M +$2.45M +487,207 +8%
EIG
6
EdgePoint Investment Group
Ontario, Canada
$23.5M +$27.5M +5,468,100 New
MF
7
Magnetar Financial
Illinois
$21.9M +$25M +4,964,300 +3,705%
JA
8
JVL Advisors
Texas
$20.2M -$8.24M -1,636,398 -26%
DSC
9
Donald Smith & Co
New York
$19.3M +$4.3M +855,168 +24%
Norges Bank
10
Norges Bank
Norway
$18.5M +$2.85M +567,200 +15%
Vanguard Group
11
Vanguard Group
Pennsylvania
$16.9M +$687K +136,441 +4%
Fiera Capital (Canada)
12
Fiera Capital (Canada)
Quebec, Canada
$12.8M +$2.41M +478,824 +19%
TD Asset Management
13
TD Asset Management
Ontario, Canada
$11.3M -$5.26M -1,046,000 -28%
Franklin Resources
14
Franklin Resources
California
$10.8M -$93K -18,486 -0.7%
Morgan Stanley
15
Morgan Stanley
New York
$7M -$454K -90,125 -5%
Invesco
16
Invesco
Georgia
$6.59M +$7.07K +1,404 +0.1%
Manulife (Manufacturers Life Insurance)
17
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$6.54M +$765K +152,004 +11%
AC
18
Addenda Capital
Quebec, Canada
$5.84M -$474K -94,080 -6%
Deutsche Bank
19
Deutsche Bank
Germany
$5.83M +$2.26M +449,842 +50%
Canada Pension Plan Investment Board
20
Canada Pension Plan Investment Board
Ontario, Canada
$5.83M +$305K +60,500 +5%
JP Morgan Chase
21
JP Morgan Chase
New York
$5.19M +$643K +127,728 +12%
Massachusetts Financial Services
22
Massachusetts Financial Services
Massachusetts
$4.85M -$2.09M -414,996 -27%
CIBC Asset Management
23
CIBC Asset Management
Ontario, Canada
$4.84M -$2.55M -507,423 -31%
SI
24
Sentry Investments
Ontario, Canada
$4.8M -$662K -131,500 -13%
Fidelity Investments
25
Fidelity Investments
Massachusetts
$3.92M -$447K -88,800 -9%

AAV Hedge Fund Activity: Q4 2017 in Review

100 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Advantage Oil & Gas Ltd (AAV) for Q4 2017, worth a combined $498M — down 25% from $666M a quarter earlier.

Fund positioning in AAV was balanced in Q4 2017: 13 funds opened new positions, 13 closed out, 30 added to existing stakes and 44 trimmed.

The largest buyer was EdgePoint Investment Group, opening a new position worth an estimated $27.5M. The largest seller was JVL Advisors, cutting an estimated $8.24M.

  • 100 institutional investors held Advantage Oil & Gas Ltd (AAV) as of Q4 2017, down from 101 in Q3 2017.
  • Funds reported $498M of Advantage Oil & Gas Ltd stock for Q4 2017, down 25% quarter-over-quarter.
  • 13 funds opened new Advantage Oil & Gas Ltd positions in Q4 2017 and 13 closed out, a net change of 0 holders.
  • The largest Advantage Oil & Gas Ltd buyer in Q4 2017 was EdgePoint Investment Group, an estimated $27.5M added.
  • The largest Advantage Oil & Gas Ltd seller in Q4 2017 was JVL Advisors, an estimated $8.24M sold.

Based on aggregated 13F filings for Q4 2017.