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Baytex Energy

169 hedge funds and large institutions have $934M invested in Baytex Energy in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 48 increasing their positions, 50 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

9.6% more ownership

Funds ownership: 23.65%33.25% (+9.6%)

4% more capital invested

Capital invested by funds: $900M → $934M (+$33.8M)

4% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 50

7% less funds holding

Funds holding: 181169 (-12)

23% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 40

40% less call options, than puts

Call options by funds: $608K | Put options by funds: $1.01M

43% less funds holding in top 10

Funds holding in top 10: 74 (-3)

Holders
169
Holders Change
-12
Holders Change %
-6.63%
% of All Funds
2.46%
Holding in Top 10
4
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-42.86%
% of All Funds
0.06%
New
31
Increased
48
Reduced
50
Closed
40
Calls
$608K
Puts
$1.01M
Net Calls
-$403K
Net Calls Change
+$1.74M
Name Holding Trade Value Shares
Change
Change in
Stake
Connor, Clark & Lunn Investment Management (CC&L)
26
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$4.65M -$4M -1,033,037 -42%
National Bank of Canada
27
National Bank of Canada
Quebec, Canada
$4.54M +$2.63K +680 +0%
TCM
28
Thomist Capital Management
Texas
$4.31M -$5.72M -1,475,638 -48%
CIBC Asset Management
29
CIBC Asset Management
Ontario, Canada
$4.17M -$82.8K -21,381 -2%
Bank of Nova Scotia
30
Bank of Nova Scotia
Ontario, Canada
$4.09M -$319K -82,388 -6%
Jane Street
31
Jane Street
New York
$3.53M -$2.82M -728,749 -41%
Invesco
32
Invesco
Georgia
$3.39M +$3.18M +820,611 +410%
AIM
33
Access Investment Management
Georgia
$3.36M +$3.92M +1,011,150 New
Arrowstreet Capital
34
Arrowstreet Capital
Massachusetts
$3.17M -$10.6M -2,730,706 -74%
CM
35
CoreCommodity Management
Connecticut
$2.57M -$822K -212,300 -22%
Point72 Asset Management
36
Point72 Asset Management
Connecticut
$2.53M -$13.4M -3,468,800 -82%
TWC
37
TD Waterhouse Canada
Ontario, Canada
$2.42M -$67.3K -17,367 -3%
Ameriprise
38
Ameriprise
Minnesota
$2.41M +$685K +176,869 +32%
D.E. Shaw & Co
39
D.E. Shaw & Co
New York
$2.27M -$4.97M -1,282,889 -65%
Legal & General Group
40
Legal & General Group
United Kingdom
$2.25M +$377K +97,384 +17%
Vontobel Holding
41
Vontobel Holding
Switzerland
$2.15M +$941K +243,000 +60%
N
42
Nuveen
North Carolina
$2.06M +$2.4M +618,969 New
BCIM
43
British Columbia Investment Management
British Columbia, Canada
$1.82M +$654K +168,745 +44%
SPS
44
Susquehanna Portfolio Strategies
Pennsylvania
$1.79M +$2.09M +539,100 New
MIM
45
Montgomery Investment Management
Maryland
$1.71M +$10.1K +2,600 +0.5%
Manulife (Manufacturers Life Insurance)
46
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.65M -$760K -196,248 -28%
UBS Group
47
UBS Group
Switzerland
$1.56M -$1.38M -356,047 -43%
QT
48
Quantbot Technologies
New York
$1.47M +$1.72M +444,113 New
FAM
49
Formidable Asset Management
Ohio
$1.47M +$443K +114,258 +35%
PAMP
50
Polar Asset Management Partners
Ontario, Canada
$1.41M -$172K -44,374 -10%

BTE Hedge Fund Activity: Q4 2023 in Review

169 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q4 2023, worth a combined $934M — up 3.8% from $900M a quarter earlier.

Sellers outnumbered buyers: 40 funds closed out of BTE and 31 opened new positions — a net loss of 9 holders — while 50 trimmed existing stakes and 48 added.

The largest buyer was AllianceBernstein, adding an estimated $15.7M. The largest seller was Sourcerock Group, exiting entirely with an estimated $21.6M sold.

  • 169 institutional investors held Baytex Energy (BTE) as of Q4 2023, down from 181 in Q3 2023.
  • Funds reported $934M of Baytex Energy stock for Q4 2023, up 3.8% quarter-over-quarter.
  • 31 funds opened new Baytex Energy positions in Q4 2023 and 40 closed out, a net change of -9 holders.
  • The largest Baytex Energy buyer in Q4 2023 was AllianceBernstein, an estimated $15.7M added.
  • The largest Baytex Energy seller in Q4 2023 was Sourcerock Group, an estimated $21.6M sold.

Based on aggregated 13F filings for Q4 2023.