Baytex Energy
122 hedge funds and large institutions have $345M invested in Baytex Energy in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 42 increasing their positions, 33 reducing their positions, and 10 closing their positions.
160% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 10
50% more capital invested
Capital invested by funds: $230M → $345M (+$116M)
38% more call options, than puts
Call options by funds: $3.48M | Put options by funds: $2.52M
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
15% more funds holding
Funds holding: 106 → 122 (+16)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
D.E. Shaw & Co
New York
| – | -$176K | -44,500 | Closed |
|
|
AIG
127
American International Group
New York
| – | -$12K | -3,083 | Closed |
|
|
JAM
128
JCIC Asset Management
Toronto,
Ontario, Canada
| – | -$8K | -2,093 | Closed |
|
|
USGIU
129
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$1K | -300 | Closed |
|
BTE Hedge Fund Activity: Q2 2016 in Review
122 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q2 2016, worth a combined $345M — up 50% from $230M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BTE positions and 10 closed out — a net gain of 16 holders — while 42 added to existing stakes and 33 trimmed.
The largest buyer was Mackenzie Financial, opening a new position worth an estimated $21.5M. The largest seller was Royal Bank of Canada, cutting an estimated $17.6M.
- 122 institutional investors held Baytex Energy (BTE) as of Q2 2016, up from 106 in Q1 2016.
- Funds reported $345M of Baytex Energy stock for Q2 2016, up 50% quarter-over-quarter.
- 26 funds opened new Baytex Energy positions in Q2 2016 and 10 closed out, a net change of +16 holders.
- The largest Baytex Energy buyer in Q2 2016 was Mackenzie Financial, an estimated $21.5M added.
- The largest Baytex Energy seller in Q2 2016 was Royal Bank of Canada, an estimated $17.6M sold.
Based on aggregated 13F filings for Q2 2016.