Baytex Energy
119 hedge funds and large institutions have $309M invested in Baytex Energy in 2016 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 16 closing their positions.
63% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 16
38% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 29
37% more capital invested
Capital invested by funds: $226M → $309M (+$82.6M)
7% more funds holding
Funds holding: 111 → 119 (+8)
52% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $2.49M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$16.4M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$14.1M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$7.81M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.37M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$5.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$11.2M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$7.38M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.51M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.49M |
| 5 |
Morgan Stanley
New York
|
-$3.97M |
BTE Hedge Fund Activity: Q4 2016 in Review
119 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q4 2016, worth a combined $309M — up 37% from $226M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BTE positions and 16 closed out — a net gain of 10 holders — while 40 added to existing stakes and 29 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $16.4M. The largest seller was Mackenzie Financial, exiting entirely with an estimated $11.2M sold.
- 119 institutional investors held Baytex Energy (BTE) as of Q4 2016, up from 111 in Q3 2016.
- Funds reported $309M of Baytex Energy stock for Q4 2016, up 37% quarter-over-quarter.
- 26 funds opened new Baytex Energy positions in Q4 2016 and 16 closed out, a net change of +10 holders.
- The largest Baytex Energy buyer in Q4 2016 was Fiera Capital (Canada), an estimated $16.4M added.
- The largest Baytex Energy seller in Q4 2016 was Mackenzie Financial, an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2016.