Basis Energy Services, Inc.
BAS
BAS was delisted on the 2nd of December, 2019.
105 hedge funds and large institutions have $715M invested in Basis Energy Services, Inc. in 2017 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 33 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
12% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 33
3% more funds holding
Funds holding: 102 → 105 (+3)
16% less capital invested
Capital invested by funds: $847M → $715M (-$132M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
73% less call options, than puts
Call options by funds: $1.67M | Put options by funds: $6.09M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$45.3M |
| 2 |
BlackRock
New York
|
+$32.3M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$27.9M |
| 4 |
State Street
Boston,
Massachusetts
|
+$16.9M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
-$25.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$12M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.82M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
-$8.34M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ARM
126
Adirondack Research & Management
Guilderland,
New York
| – | -$444K | -13,319 | Closed |
|
127
Verition Fund Management
Greenwich,
Connecticut
| – | -$405K | -12,150 | Closed |
|
|
BFM
128
Boothbay Fund Management
New York
| – | -$398K | -11,932 | Closed |
|
129
SG Americas Securities
New York
| – | -$366K | -10,960 | Closed |
|
|
DTL
130
Dynamic Technology Lab
Singapore
| – | -$323K | -9,670 | Closed |
|
|
NIM
131
NXG Investment Management
Dallas,
Texas
| – | -$302K | -9,052 | Closed |
|
|
SCM
132
Snow Capital Management
Sewickley,
Pennsylvania
| – | -$300K | -9,000 | Closed |
|
|
MSTVIM
133
Messner & Smith Theme Value Investment Management
San Diego,
California
| – | -$258K | -7,739 | Closed |
|
|
RJA
134
Raymond James & Associates
St Petersburg,
Florida
| – | -$223K | -6,698 | Closed |
|
|
FPF
135
FNY Partners Fund
New York
| – | -$16K | -500 | Closed |
|
|
BFEC
136
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | +$194 | +7 | New |
|
BAS Hedge Fund Activity: Q2 2017 in Review
105 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Basis Energy Services, Inc. (BAS) for Q2 2017, worth a combined $715M — down 16% from $847M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BAS positions and 33 closed out — a net gain of 4 holders — while 33 added to existing stakes and 26 trimmed.
The largest buyer was KGH Ltd, opening a new position worth an estimated $45.3M. The largest seller was Discovery Capital Management, exiting entirely with an estimated $25.2M sold.
- 105 institutional investors held Basis Energy Services, Inc. (BAS) as of Q2 2017, up from 102 in Q1 2017.
- Funds reported $715M of Basis Energy Services, Inc. stock for Q2 2017, down 16% quarter-over-quarter.
- 37 funds opened new Basis Energy Services, Inc. positions in Q2 2017 and 33 closed out, a net change of +4 holders.
- The largest Basis Energy Services, Inc. buyer in Q2 2017 was KGH Ltd, an estimated $45.3M added.
- The largest Basis Energy Services, Inc. seller in Q2 2017 was Discovery Capital Management, an estimated $25.2M sold.
Based on aggregated 13F filings for Q2 2017.