Basis Energy Services, Inc.
BAS
BAS was delisted on the 2nd of December, 2019.
90 hedge funds and large institutions have $91.8M invested in Basis Energy Services, Inc. in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 25 reducing their positions, and 15 closing their positions.
45% more call options, than puts
Call options by funds: $154K | Put options by funds: $106K
40% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 25
5% less funds holding
Funds holding: 95 → 90 (-5)
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
63% less capital invested
Capital invested by funds: $246M → $91.8M (-$154M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$10.4M |
| 2 |
Renaissance Technologies
New York
|
+$3.98M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.54M |
| 4 |
AC
Ascribe Capital
New York
|
+$2M |
| 5 |
SIM
Spark Investment Management
New York
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$15.3M |
| 2 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$8.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.21M |
| 4 |
Millennium Management
New York
|
-$2.45M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$2.15M |
BAS Hedge Fund Activity: Q4 2018 in Review
90 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Basis Energy Services, Inc. (BAS) for Q4 2018, worth a combined $91.8M — down 63% from $246M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BAS and 10 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 35 added.
The largest buyer was Prescott Group Capital Management, adding an estimated $10.4M. The largest seller was KGH Ltd, exiting entirely with an estimated $15.3M sold.
- 90 institutional investors held Basis Energy Services, Inc. (BAS) as of Q4 2018, down from 95 in Q3 2018.
- Funds reported $91.8M of Basis Energy Services, Inc. stock for Q4 2018, down 63% quarter-over-quarter.
- 10 funds opened new Basis Energy Services, Inc. positions in Q4 2018 and 15 closed out, a net change of -5 holders.
- The largest Basis Energy Services, Inc. buyer in Q4 2018 was Prescott Group Capital Management, an estimated $10.4M added.
- The largest Basis Energy Services, Inc. seller in Q4 2018 was KGH Ltd, an estimated $15.3M sold.
Based on aggregated 13F filings for Q4 2018.