Baytex Energy
191 hedge funds and large institutions have $580M invested in Baytex Energy in 2023 Q2 according to their latest regulatory filings, with 96 funds opening new positions, 65 increasing their positions, 12 reducing their positions, and 11 closing their positions.
773% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 11
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
442% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 12
80% more funds holding
Funds holding: 106 → 191 (+85)
32% more capital invested
Capital invested by funds: $439M → $580M (+$142M)
0.7% less ownership
Funds ownership: 21.45% → 20.75% (-0.7%)
49% less call options, than puts
Call options by funds: $1.3M | Put options by funds: $2.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$27.7M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$19.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.9M |
| 4 |
Millennium Management
New York
|
+$17.4M |
| 5 |
TCM
Thomist Capital Management
Houston,
Texas
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$14.8M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$5.61M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.62M |
| 4 |
BGIM
Boussard & Gavaudan Investment Management
London,
United Kingdom
|
-$3.28M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$2.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
201
Cutler Group
San Francisco,
California
| – | +$700 | +200 | New |
|
202
Lazard Asset Management
New York
| – | +$707 | +202 | New |
|
BTE Hedge Fund Activity: Q2 2023 in Review
191 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q2 2023, worth a combined $580M — up 32% from $439M a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new BTE positions and 11 closed out — a net gain of 85 holders — while 65 added to existing stakes and 12 trimmed.
The largest buyer was Jane Street, adding an estimated $27.7M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $14.8M sold.
- 191 institutional investors held Baytex Energy (BTE) as of Q2 2023, up from 106 in Q1 2023.
- Funds reported $580M of Baytex Energy stock for Q2 2023, up 32% quarter-over-quarter.
- 96 funds opened new Baytex Energy positions in Q2 2023 and 11 closed out, a net change of +85 holders.
- The largest Baytex Energy buyer in Q2 2023 was Jane Street, an estimated $27.7M added.
- The largest Baytex Energy seller in Q2 2023 was Arrowstreet Capital, an estimated $14.8M sold.
Based on aggregated 13F filings for Q2 2023.