Baytex Energy
166 hedge funds and large institutions have $2.9B invested in Baytex Energy in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 70 increasing their positions, 46 reducing their positions, and 25 closing their positions.
89% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $7.15M
52% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 46
8% less funds holding
Funds holding: 180 → 166 (-14)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
19% less capital invested
Capital invested by funds: $3.57B → $2.9B (-$666M)
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
Top Buyers
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$89.7M |
| 2 |
PIC
Portland Investment Counsel
Burlington,
Ontario, Canada
|
+$22.3M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$20.3M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$16.5M |
| 5 |
Goldman Sachs
New York
|
+$15.7M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$37.6M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$34.8M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$30.1M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$29.3M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$28M |
BTE Hedge Fund Activity: Q3 2014 in Review
166 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q3 2014, worth a combined $2.9B — down 19% from $3.57B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BTE and 12 opened new positions — a net loss of 13 holders — while 46 trimmed existing stakes and 70 added.
The largest buyer was Royal Bank of Canada, adding an estimated $89.7M. The largest seller was Morgan Stanley, cutting an estimated $37.6M.
- 166 institutional investors held Baytex Energy (BTE) as of Q3 2014, down from 180 in Q2 2014.
- Funds reported $2.9B of Baytex Energy stock for Q3 2014, down 19% quarter-over-quarter.
- 12 funds opened new Baytex Energy positions in Q3 2014 and 25 closed out, a net change of -13 holders.
- The largest Baytex Energy buyer in Q3 2014 was Royal Bank of Canada, an estimated $89.7M added.
- The largest Baytex Energy seller in Q3 2014 was Morgan Stanley, an estimated $37.6M sold.
Based on aggregated 13F filings for Q3 2014.