Baytex Energy
BTE
111 hedge funds and large institutions have $226M invested in Baytex Energy in 2016 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 40 reducing their positions, and 26 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 122 → 111 (-11)
13% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 40
32% less call options, than puts
Call options by funds: $1.35M | Put options by funds: $1.99M
35% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 26
35% less capital invested
Capital invested by funds: $350M → $226M (-$124M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$19.6M |
| 2 |
D.E. Shaw & Co
New York
|
+$10.2M |
| 3 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$8.01M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.23M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$39.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$11.8M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$8.14M |
| 4 |
Morgan Stanley
New York
|
-$6.75M |
| 5 |
Renaissance Technologies
New York
|
-$5.53M |
BTE Hedge Fund Activity: Q3 2016 in Review
111 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q3 2016, worth a combined $226M — down 35% from $350M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of BTE and 17 opened new positions — a net loss of 9 holders — while 40 trimmed existing stakes and 35 added.
The largest buyer was Connor, Clark & Lunn Investment Management (CC&L), adding an estimated $19.6M. The largest seller was Franklin Resources, cutting an estimated $39.6M.
- 111 institutional investors held Baytex Energy (BTE) as of Q3 2016, down from 122 in Q2 2016.
- Funds reported $226M of Baytex Energy stock for Q3 2016, down 35% quarter-over-quarter.
- 17 funds opened new Baytex Energy positions in Q3 2016 and 26 closed out, a net change of -9 holders.
- The largest Baytex Energy buyer in Q3 2016 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $19.6M added.
- The largest Baytex Energy seller in Q3 2016 was Franklin Resources, an estimated $39.6M sold.
Based on aggregated 13F filings for Q3 2016.