Baytex Energy
BTE
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.
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: 181 → 169 (-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: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$15.7M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$9.24M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.78M |
| 4 |
Two Sigma Investments
New York
|
+$4.86M |
| 5 |
Millennium Management
New York
|
+$4.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Sourcerock Group
Denver,
Colorado
|
-$21.6M |
| 2 |
YCM
Yaupon Capital Management
New York
|
-$15.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$13.4M |
| 4 |
SCM
SIR Capital Management
New York
|
-$12.7M |
| 5 |
CCM
Cinctive Capital Management
New York
|
-$12.1M |
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.