Baytex Energy
146 hedge funds and large institutions have $291M invested in Baytex Energy in 2015 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 42 increasing their positions, 45 reducing their positions, and 19 closing their positions.
95% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 19
13% more funds holding
Funds holding: 129 → 146 (+17)
11% more call options, than puts
Call options by funds: $1.23M | Put options by funds: $1.11M
7% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 45
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
81% less capital invested
Capital invested by funds: $1.57B → $291M (-$1.28B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$87.8M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$22.5M |
| 3 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
+$19.8M |
| 4 |
Millennium Management
New York
|
+$16.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGC
Beutel, Goodman & Co
Toronto,
Ontario, Canada
|
-$325M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$67.1M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$55.7M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$25.9M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$13.7M |
BTE Hedge Fund Activity: Q3 2015 in Review
146 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q3 2015, worth a combined $291M — down 81% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new BTE positions and 19 closed out — a net gain of 18 holders — while 42 added to existing stakes and 45 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $87.8M. The largest seller was Beutel, Goodman & Co, exiting entirely with an estimated $325M sold.
- 146 institutional investors held Baytex Energy (BTE) as of Q3 2015, up from 129 in Q2 2015.
- Funds reported $291M of Baytex Energy stock for Q3 2015, down 81% quarter-over-quarter.
- 37 funds opened new Baytex Energy positions in Q3 2015 and 19 closed out, a net change of +18 holders.
- The largest Baytex Energy buyer in Q3 2015 was Royal Bank of Canada, an estimated $87.8M added.
- The largest Baytex Energy seller in Q3 2015 was Beutel, Goodman & Co, an estimated $325M sold.
Based on aggregated 13F filings for Q3 2015.