Baytex Energy
BTE
155 hedge funds and large institutions have $2.12B invested in Baytex Energy in 2013 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 57 increasing their positions, 45 reducing their positions, and 9 closing their positions.
211% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 9
123% more call options, than puts
Call options by funds: $22.4M | Put options by funds: $10M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 45
15% more capital invested
Capital invested by funds: $1.85B → $2.12B (+$271M)
14% more funds holding
Funds holding: 136 → 155 (+19)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
H
Hexavest
Montreal,
Quebec, Canada
|
+$41.5M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$25M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.3M |
| 4 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
+$12.7M |
| 5 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$42M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$21.4M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$16.3M |
| 4 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
-$14.8M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$12.5M |
BTE Hedge Fund Activity: Q3 2013 in Review
155 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q3 2013, worth a combined $2.12B — up 15% from $1.85B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BTE positions and 9 closed out — a net gain of 19 holders — while 57 added to existing stakes and 45 trimmed.
The largest buyer was Hexavest, opening a new position worth an estimated $41.5M. The largest seller was Bank of America, cutting an estimated $42M.
- 155 institutional investors held Baytex Energy (BTE) as of Q3 2013, up from 136 in Q2 2013.
- Funds reported $2.12B of Baytex Energy stock for Q3 2013, up 15% quarter-over-quarter.
- 28 funds opened new Baytex Energy positions in Q3 2013 and 9 closed out, a net change of +19 holders.
- The largest Baytex Energy buyer in Q3 2013 was Hexavest, an estimated $41.5M added.
- The largest Baytex Energy seller in Q3 2013 was Bank of America, an estimated $42M sold.
Based on aggregated 13F filings for Q3 2013.