Basis Energy Services, Inc.
BAS
BAS was delisted on the 2nd of December, 2019.
94 hedge funds and large institutions have $39.9M invested in Basis Energy Services, Inc. in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 33 reducing their positions, and 25 closing their positions.
10% less funds holding
Funds holding: 105 → 94 (-11)
15% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 33
35% less call options, than puts
Call options by funds: $359K | Put options by funds: $550K
44% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 25
51% less capital invested
Capital invested by funds: $81.4M → $39.9M (-$41.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$3.8M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$388K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$371K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$351K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$3.12M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.94M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.59M |
| 4 |
TAM
TPH Asset Management
Houston,
Texas
|
-$1.54M |
| 5 |
SIM
Spark Investment Management
New York
|
-$1.27M |
BAS Hedge Fund Activity: Q2 2016 in Review
94 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Basis Energy Services, Inc. (BAS) for Q2 2016, worth a combined $39.9M — down 51% from $81.4M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BAS and 14 opened new positions — a net loss of 11 holders — while 33 trimmed existing stakes and 28 added.
The largest buyer was Millennium Management, adding an estimated $3.8M. The largest seller was Panagora Asset Management, cutting an estimated $3.12M.
- 94 institutional investors held Basis Energy Services, Inc. (BAS) as of Q2 2016, down from 105 in Q1 2016.
- Funds reported $39.9M of Basis Energy Services, Inc. stock for Q2 2016, down 51% quarter-over-quarter.
- 14 funds opened new Basis Energy Services, Inc. positions in Q2 2016 and 25 closed out, a net change of -11 holders.
- The largest Basis Energy Services, Inc. buyer in Q2 2016 was Millennium Management, an estimated $3.8M added.
- The largest Basis Energy Services, Inc. seller in Q2 2016 was Panagora Asset Management, an estimated $3.12M sold.
Based on aggregated 13F filings for Q2 2016.