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Baytex Energy

129 hedge funds and large institutions have $251M invested in Baytex Energy in 2015 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 38 increasing their positions, 50 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

12% less funds holding

Funds holding: 146129 (-17)

14% less capital invested

Capital invested by funds: $291M → $251M (-$39.7M)

24% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 50

29% less call options, than puts

Call options by funds: $740K | Put options by funds: $1.04M

43% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 37

Holders
129
Holders Change
-17
Holders Change %
-11.64%
% of All Funds
3.38%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
21
Increased
38
Reduced
50
Closed
37
Calls
$740K
Puts
$1.04M
Net Calls
-$296K
Net Calls Change
-$419K
Name Holding Trade Value Shares
Change
Change in
Stake
AQR Capital Management
26
AQR Capital Management
Connecticut
$1.84M +$1.97M +505,329 +789%
Morgan Stanley
27
Morgan Stanley
New York
$1.82M -$4.92M -1,259,415 -69%
Bank of Montreal
28
Bank of Montreal
Ontario, Canada
$1.77M -$2.25M -575,489 -51%
Fidelity Investments
29
Fidelity Investments
Massachusetts
$1.59M +$1.91M +490,000 New
CCMIC
30
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$1.55M
Millennium Management
31
Millennium Management
New York
$1.53M -$6.69M -1,713,297 -78%
Wellington Management Group
32
Wellington Management Group
Massachusetts
$1.33M +$6.33K +1,620 +0.4%
Bank of Nova Scotia
33
Bank of Nova Scotia
Ontario, Canada
$1.32M -$446K -114,094 -22%
Citadel Advisors
34
Citadel Advisors
Florida
$1.14M +$790K +202,178 +135%
CIBC World Market
35
CIBC World Market
Ontario, Canada
$997K -$302K -77,231 -20%
CA
36
Commerzbank Aktiengesellschaft
Germany
$927K -$38.3K -9,791 -3%
PI
37
PineBridge Investments
New York
$927K +$783K +200,282 +3,027%
Goldman Sachs
38
Goldman Sachs
New York
$905K -$181K -46,416 -14%
Swiss National Bank
39
Swiss National Bank
Switzerland
$902K -$2.46M -629,500 -69%
CSS
40
Cubist Systematic Strategies
Connecticut
$897K +$1.01M +259,649 +1,495%
CM
41
CoreCommodity Management
Connecticut
$874K +$602K +154,100 +133%
Dimensional Fund Advisors
42
Dimensional Fund Advisors
Texas
$801K
KJHP
43
K.J. Harrison & Partners
Ontario, Canada
$705K +$330K +84,500 +63%
Legal & General Group
44
Legal & General Group
United Kingdom
$684K +$5.52K +1,413 +0.7%
DR
45
Davis Rea
Ontario, Canada
$662K +$799K +204,550 New
CPS
46
Counsel Portfolio Services
Ontario, Canada
$636K +$372K +95,200 +94%
Invesco
47
Invesco
Georgia
$633K +$288K +73,619 +60%
GC
48
Guggenheim Capital
Illinois
$620K -$5.91M -1,513,416 -89%
UBS AM
49
UBS AM
Illinois
$616K -$1.14M -290,692 -60%
Two Sigma Investments
50
Two Sigma Investments
New York
$604K +$52.7K +13,483 +8%

BTE Hedge Fund Activity: Q4 2015 in Review

129 of the 3,811 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q4 2015, worth a combined $251M — down 14% from $291M a quarter earlier.

Sellers outnumbered buyers: 37 funds closed out of BTE and 21 opened new positions — a net loss of 16 holders — while 50 trimmed existing stakes and 38 added.

The largest buyer was SIR Capital Management, opening a new position worth an estimated $11.6M. The largest seller was Royal Bank of Canada, cutting an estimated $27.6M.

  • 129 institutional investors held Baytex Energy (BTE) as of Q4 2015, down from 146 in Q3 2015.
  • Funds reported $251M of Baytex Energy stock for Q4 2015, down 14% quarter-over-quarter.
  • 21 funds opened new Baytex Energy positions in Q4 2015 and 37 closed out, a net change of -16 holders.
  • The largest Baytex Energy buyer in Q4 2015 was SIR Capital Management, an estimated $11.6M added.
  • The largest Baytex Energy seller in Q4 2015 was Royal Bank of Canada, an estimated $27.6M sold.

Based on aggregated 13F filings for Q4 2015.