Baytex Energy
102 hedge funds and large institutions have $108M invested in Baytex Energy in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 32 increasing their positions, 34 reducing their positions, and 20 closing their positions.
6% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 34
9% less funds holding
Funds holding: 112 → 102 (-10)
34% less capital invested
Capital invested by funds: $164M → $108M (-$55.9M)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
56% less call options, than puts
Call options by funds: $141K | Put options by funds: $318K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$12.5M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$3.11M |
| 3 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.24M |
| 4 |
JP Morgan Chase
New York
|
+$1.08M |
| 5 |
LOAMU
Lombard Odier Asset Management (USA)
New York
|
+$745K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$12.2M |
| 2 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$3.49M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.27M |
| 4 |
D.E. Shaw & Co
New York
|
-$2.88M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.51M |
BTE Hedge Fund Activity: Q2 2017 in Review
102 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q2 2017, worth a combined $108M — down 34% from $164M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BTE and 13 opened new positions — a net loss of 7 holders — while 34 trimmed existing stakes and 32 added.
The largest buyer was Luminus Management, adding an estimated $12.5M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $12.2M.
- 102 institutional investors held Baytex Energy (BTE) as of Q2 2017, down from 112 in Q1 2017.
- Funds reported $108M of Baytex Energy stock for Q2 2017, down 34% quarter-over-quarter.
- 13 funds opened new Baytex Energy positions in Q2 2017 and 20 closed out, a net change of -7 holders.
- The largest Baytex Energy buyer in Q2 2017 was Luminus Management, an estimated $12.5M added.
- The largest Baytex Energy seller in Q2 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2017.