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Baytex Energy

191 hedge funds and large institutions have $580M invested in Baytex Energy in 2023 Q2 according to their latest regulatory filings, with 96 funds opening new positions, 65 increasing their positions, 12 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

773% more first-time investments, than exits

New positions opened: 96 | Existing positions closed: 11

500% more funds holding in top 10

Funds holding in top 10: 16 (+5)

442% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 12

80% more funds holding

Funds holding: 106191 (+85)

32% more capital invested

Capital invested by funds: $439M → $580M (+$142M)

0.7% less ownership

Funds ownership: 21.45%20.75% (-0.7%)

49% less call options, than puts

Call options by funds: $1.3M | Put options by funds: $2.55M

Holders
191
Holders Change
+85
Holders Change %
+80.19%
% of All Funds
3%
Holding in Top 10
6
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+500%
% of All Funds
0.09%
New
96
Increased
65
Reduced
12
Closed
11
Calls
$1.3M
Puts
$2.55M
Net Calls
-$1.26M
Net Calls Change
+$1.31M
Name Holding Trade Value Shares
Change
Change in
Stake
Public Sector Pension Investment Board (PSP Investments)
26
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$4.82M +$1.17M +332,892 +29%
Bank of Nova Scotia
27
Bank of Nova Scotia
Ontario, Canada
$4.4M +$847K +241,889 +22%
D.E. Shaw & Co
28
D.E. Shaw & Co
New York
$4.37M +$893K +255,066 +24%
First Trust Advisors
29
First Trust Advisors
Illinois
$4.32M +$4.64M +1,324,395 New
Bank of America
30
Bank of America
North Carolina
$4.3M +$3.76M +1,074,514 +438%
JP Morgan Chase
31
JP Morgan Chase
New York
$4.3M +$4.49M +1,282,228 +3,546%
Qube Research & Technologies (QRT)
32
Qube Research & Technologies (QRT)
United Kingdom
$4.07M +$4.37M +1,247,000 New
National Bank of Canada
33
National Bank of Canada
Quebec, Canada
$3.94M -$2.82M -804,971 -40%
Point72 Asset Management
34
Point72 Asset Management
Connecticut
$3.9M +$4.19M +1,195,794 New
Susquehanna International Group
35
Susquehanna International Group
Pennsylvania
$3.78M +$4.06M +1,158,379 New
CIBC Asset Management
36
CIBC Asset Management
Ontario, Canada
$3.7M +$9.21K +2,630 +0.2%
SNT
37
SIG North Trading
Pennsylvania
$3.49M +$1.41M +403,020 +60%
AllianceBernstein
38
AllianceBernstein
Tennessee
$3.43M +$2.87M +820,314 +354%
AIMCA
39
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$3.07M +$1.97M +561,750 +149%
Manulife (Manufacturers Life Insurance)
40
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.98M -$15K -4,273 -0.5%
Goldman Sachs
41
Goldman Sachs
New York
$2.7M +$2.64M +752,934 +1,007%
UBS Group
42
UBS Group
Switzerland
$2.67M +$390K +111,483 +16%
Toronto Dominion Bank
43
Toronto Dominion Bank
Ontario, Canada
$2.38M +$395K +112,715 +18%
Citadel Advisors
44
Citadel Advisors
Florida
$2.26M +$387K +110,500 +19%
CS
45
Credit Suisse
Switzerland
$2.24M +$203K +58,099 +13%
Luther King Capital Management (LKCM)
46
Luther King Capital Management (LKCM)
Texas
$2.2M +$2.36M +675,043 New
Ameriprise
47
Ameriprise
Minnesota
$2.11M +$2.27M +647,700 New
Legal & General Group
48
Legal & General Group
United Kingdom
$2.04M +$981K +280,028 +81%
Two Sigma Investments
49
Two Sigma Investments
New York
$1.85M +$1.67M +476,925 +525%
MIM
50
Montgomery Investment Management
Maryland
$1.7M +$1.82M +520,677 New

BTE Hedge Fund Activity: Q2 2023 in Review

191 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q2 2023, worth a combined $580M — up 32% from $439M a quarter earlier.

Buyers outnumbered sellers: 96 funds opened new BTE positions and 11 closed out — a net gain of 85 holders — while 65 added to existing stakes and 12 trimmed.

The largest buyer was Jane Street, adding an estimated $27.7M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $14.8M sold.

  • 191 institutional investors held Baytex Energy (BTE) as of Q2 2023, up from 106 in Q1 2023.
  • Funds reported $580M of Baytex Energy stock for Q2 2023, up 32% quarter-over-quarter.
  • 96 funds opened new Baytex Energy positions in Q2 2023 and 11 closed out, a net change of +85 holders.
  • The largest Baytex Energy buyer in Q2 2023 was Jane Street, an estimated $27.7M added.
  • The largest Baytex Energy seller in Q2 2023 was Arrowstreet Capital, an estimated $14.8M sold.

Based on aggregated 13F filings for Q2 2023.