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AAV

Advantage Oil & Gas Ltd
AAV

Delisted

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

96 hedge funds and large institutions have $345M invested in Advantage Oil & Gas Ltd in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 31 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 31

4% less funds holding

Funds holding: 10096 (-4)

25% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 16

31% less capital invested

Capital invested by funds: $498M → $345M (-$153M)

84% less call options, than puts

Call options by funds: $159K | Put options by funds: $1M

Holders
96
Holders Change
-4
Holders Change %
-4%
% of All Funds
2.2%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
12
Increased
31
Reduced
31
Closed
16
Calls
$159K
Puts
$1M
Net Calls
-$843K
Net Calls Change
+$1.52M
Name Holding Trade Value Shares
Change
Change in
Stake
BAM
1
Burgundy Asset Management
Ontario, Canada
$87M +$24.8M +7,660,136 +35%
Mackenzie Financial
2
Mackenzie Financial
Ontario, Canada
$27.4M -$6.59M -2,039,242 -18%
DSC
3
Donald Smith & Co
New York
$26.7M +$14.8M +4,576,426 +102%
EIG
4
EdgePoint Investment Group
Ontario, Canada
$21.1M +$5.44M +1,681,900 +31%
Wellington Management Group
5
Wellington Management Group
Massachusetts
$15.2M +$14.8M +4,587,212 +850%
Capital World Investors
6
Capital World Investors
California
$12.2M +$13.3M +4,123,500 New
Vanguard Group
7
Vanguard Group
Pennsylvania
$11.9M +$393K +121,688 +3%
Connor, Clark & Lunn Investment Management (CC&L)
8
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$11.3M -$10.3M -3,192,319 -46%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$11M -$8.38M -2,590,833 -41%
Norges Bank
10
Norges Bank
Norway
$9.9M -$3.09M -954,154 -22%
Invesco
11
Invesco
Georgia
$9.56M +$5.53M +1,709,677 +112%
JA
12
JVL Advisors
Texas
$8.05M -$6.4M -1,978,638 -42%
Franklin Resources
13
Franklin Resources
California
$7.04M -$413K -127,846 -5%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$6.97M +$4.67M +1,445,500 +158%
MBI
15
Montrusco Bolton Investments
Quebec, Canada
$6.37M -$18.9M -5,830,684 -73%
TD Asset Management
16
TD Asset Management
Ontario, Canada
$6.37M -$1.53M -474,600 -18%
Morgan Stanley
17
Morgan Stanley
New York
$5.22M +$466K +144,144 +9%
CIBC World Market
18
CIBC World Market
Ontario, Canada
$4.53M +$4.85M +1,499,171 +4,072%
Canada Pension Plan Investment Board
19
Canada Pension Plan Investment Board
Ontario, Canada
$4.22M +$243K +75,200 +6%
AC
20
Addenda Capital
Quebec, Canada
$3.87M -$149K -46,060 -3%
Deutsche Bank
21
Deutsche Bank
Germany
$3.86M -$151K -46,733 -3%
LM
22
Luminus Management
Texas
$3.7M +$1.31M +404,500 +48%
Toronto Dominion Bank
23
Toronto Dominion Bank
Ontario, Canada
$3.69M +$3.76M +1,163,199 +1,334%
JP Morgan Chase
24
JP Morgan Chase
New York
$3.54M -$22K -6,804 -0.6%
SC
25
Scotia Capital
Ontario, Canada
$3.07M +$1.45M +447,939 +75%

AAV Hedge Fund Activity: Q1 2018 in Review

96 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Advantage Oil & Gas Ltd (AAV) for Q1 2018, worth a combined $345M — down 31% from $498M a quarter earlier.

Sellers outnumbered buyers: 16 funds closed out of AAV and 12 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 31 added.

The largest buyer was Burgundy Asset Management, adding an estimated $24.8M. The largest seller was Magnetar Financial, exiting entirely with an estimated $21.9M sold.

  • 96 institutional investors held Advantage Oil & Gas Ltd (AAV) as of Q1 2018, down from 100 in Q4 2017.
  • Funds reported $345M of Advantage Oil & Gas Ltd stock for Q1 2018, down 31% quarter-over-quarter.
  • 12 funds opened new Advantage Oil & Gas Ltd positions in Q1 2018 and 16 closed out, a net change of -4 holders.
  • The largest Advantage Oil & Gas Ltd buyer in Q1 2018 was Burgundy Asset Management, an estimated $24.8M added.
  • The largest Advantage Oil & Gas Ltd seller in Q1 2018 was Magnetar Financial, an estimated $21.9M sold.

Based on aggregated 13F filings for Q1 2018.