Basis Energy Services, Inc.
BAS
BAS was delisted on the 2nd of December, 2019.
68 hedge funds and large institutions have $35.6M invested in Basis Energy Services, Inc. in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 29 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
24% less funds holding
Funds holding: 89 → 68 (-21)
52% less capital invested
Capital invested by funds: $74M → $35.6M (-$38.4M)
62% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 29
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.4M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.15M |
| 3 |
Millennium Management
New York
|
+$1.12M |
| 4 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$997K |
| 5 |
Goldman Sachs
New York
|
+$972K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.48M |
| 2 |
Man Group
London,
United Kingdom
|
-$952K |
| 3 |
SIM
Spark Investment Management
New York
|
-$823K |
| 4 |
State Street
Boston,
Massachusetts
|
-$800K |
| 5 |
GCM
GeoSphere Capital Management
Miami Beach,
Florida
|
-$657K |
BAS Hedge Fund Activity: Q2 2019 in Review
68 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Basis Energy Services, Inc. (BAS) for Q2 2019, worth a combined $35.6M — down 52% from $74M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of BAS and 11 opened new positions — a net loss of 18 holders — while 20 trimmed existing stakes and 23 added.
The largest buyer was Renaissance Technologies, adding an estimated $1.4M. The largest seller was BlackRock, cutting an estimated $2.48M.
- 68 institutional investors held Basis Energy Services, Inc. (BAS) as of Q2 2019, down from 89 in Q1 2019.
- Funds reported $35.6M of Basis Energy Services, Inc. stock for Q2 2019, down 52% quarter-over-quarter.
- 11 funds opened new Basis Energy Services, Inc. positions in Q2 2019 and 29 closed out, a net change of -18 holders.
- The largest Basis Energy Services, Inc. buyer in Q2 2019 was Renaissance Technologies, an estimated $1.4M added.
- The largest Basis Energy Services, Inc. seller in Q2 2019 was BlackRock, an estimated $2.48M sold.
Based on aggregated 13F filings for Q2 2019.