Baytex Energy
88 hedge funds and large institutions have $30M invested in Baytex Energy in 2020 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 28 reducing their positions, and 22 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 28
14% less funds holding
Funds holding: 102 → 88 (-14)
20% less call options, than puts
Call options by funds: $24K | Put options by funds: $30K
55% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 22
85% less capital invested
Capital invested by funds: $205M → $30M (-$175M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$11.7M |
| 2 |
Goldman Sachs
New York
|
+$11.1M |
| 3 |
Morgan Stanley
New York
|
+$8.88M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$2.79M |
| 5 |
Renaissance Technologies
New York
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$8.72M |
| 2 |
NP
Ninepoint Partners
Toronto,
Ontario, Canada
|
-$8.7M |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$8.5M |
| 4 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
-$8.28M |
| 5 |
JP Morgan Chase
New York
|
-$6.17M |
BTE Hedge Fund Activity: Q1 2020 in Review
88 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q1 2020, worth a combined $30M — down 85% from $205M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of BTE and 10 opened new positions — a net loss of 12 holders — while 28 trimmed existing stakes and 28 added.
The largest buyer was Royal Bank of Canada, adding an estimated $11.7M. The largest seller was Luminus Management, cutting an estimated $8.72M.
- 88 institutional investors held Baytex Energy (BTE) as of Q1 2020, down from 102 in Q4 2019.
- Funds reported $30M of Baytex Energy stock for Q1 2020, down 85% quarter-over-quarter.
- 10 funds opened new Baytex Energy positions in Q1 2020 and 22 closed out, a net change of -12 holders.
- The largest Baytex Energy buyer in Q1 2020 was Royal Bank of Canada, an estimated $11.7M added.
- The largest Baytex Energy seller in Q1 2020 was Luminus Management, an estimated $8.72M sold.
Based on aggregated 13F filings for Q1 2020.