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Baytex Energy

120 hedge funds and large institutions have $254M invested in Baytex Energy in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 36 increasing their positions, 46 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% less funds holding

Funds holding: 143120 (-23)

22% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 46

52% less call options, than puts

Call options by funds: $616K | Put options by funds: $1.29M

53% less capital invested

Capital invested by funds: $539M → $254M (-$285M)

56% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 41

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
120
Holders Change
-23
Holders Change %
-16.08%
% of All Funds
2.67%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
18
Increased
36
Reduced
46
Closed
41
Calls
$616K
Puts
$1.29M
Net Calls
-$671K
Net Calls Change
+$4.51M
Name Holding Trade Value Shares
Change
Change in
Stake
CIBC Asset Management
51
CIBC Asset Management
Ontario, Canada
$512K -$238K -116,712 -29%
CA
52
Commerzbank Aktiengesellschaft
Germany
$510K -$79.9K -39,108 -12%
Bank of America
53
Bank of America
North Carolina
$472K +$25.6K +12,547 +5%
PIC
54
PCJ Investment Counsel
Ontario, Canada
$361K -$2.94M -1,437,566 -88%
Simplex Trading
55
Simplex Trading
Illinois
$349K +$182K +89,276 +82%
VF
56
Virtu Financial
New York
$247K +$39.7K +19,427 +16%
CBOA
57
Commonwealth Bank of Australia
Australia
$246K +$58.2K +28,500 +26%
Bank of Nova Scotia
58
Bank of Nova Scotia
Ontario, Canada
$242K -$2.98M -1,456,360 -91%
Two Sigma Investments
59
Two Sigma Investments
New York
$237K -$4.41M -2,156,983 -94%
QIM
60
Quantitative Investment Management
Virginia
$191K +$222K +108,800 New
CSS
61
Cubist Systematic Strategies
Connecticut
$184K +$34.4K +16,819 +19%
Dimensional Fund Advisors
62
Dimensional Fund Advisors
Texas
$164K -$229K -112,294 -55%
Canada Life
63
Canada Life
Manitoba, Canada
$162K +$2.27K +1,109 +1%
IG
64
ING Group
Netherlands
$158K
Susquehanna International Group
65
Susquehanna International Group
Pennsylvania
$151K +$140K +68,313 +389%
UBS Group
66
UBS Group
Switzerland
$132K -$306K -149,710 -67%
QI
67
QS Investors
New York
$132K +$17.2K +8,400 +13%
Fidelity International
68
Fidelity International
Bermuda
$115K +$133K +65,200 New
PM
69
Penbrook Management
New York
$98K -$87.9K -43,000 -44%
Jane Street
70
Jane Street
New York
$89K +$102K +50,160 New
AG
71
Aperio Group
California
$79K -$34.8K -17,008 -27%
SAM
72
Shell Asset Management
Netherlands
$79K -$12.1K -5,900 -12%
Wolverine Trading
73
Wolverine Trading
Illinois
$79K +$15.5K +7,606 +19%
Zurich Cantonal Bank
74
Zurich Cantonal Bank
Switzerland
$75K +$29K +14,203 +50%
BCM
75
BlueCrest Capital Management
Jersey
$73K -$342K -167,331 -80%

BTE Hedge Fund Activity: Q4 2018 in Review

120 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q4 2018, worth a combined $254M — down 53% from $539M a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of BTE and 18 opened new positions — a net loss of 23 holders — while 46 trimmed existing stakes and 36 added.

The largest buyer was Luminus Management, opening a new position worth an estimated $42.6M. The largest seller was Wellington Management Group, cutting an estimated $29.7M.

  • 120 institutional investors held Baytex Energy (BTE) as of Q4 2018, down from 143 in Q3 2018.
  • Funds reported $254M of Baytex Energy stock for Q4 2018, down 53% quarter-over-quarter.
  • 18 funds opened new Baytex Energy positions in Q4 2018 and 41 closed out, a net change of -23 holders.
  • The largest Baytex Energy buyer in Q4 2018 was Luminus Management, an estimated $42.6M added.
  • The largest Baytex Energy seller in Q4 2018 was Wellington Management Group, an estimated $29.7M sold.

Based on aggregated 13F filings for Q4 2018.