Baytex Energy
143 hedge funds and large institutions have $539M invested in Baytex Energy in 2018 Q3 according to their latest regulatory filings, with 38 funds opening new positions, 55 increasing their positions, 28 reducing their positions, and 16 closing their positions.
138% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 16
115% more capital invested
Capital invested by funds: $251M → $539M (+$288M)
96% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 28
17% more funds holding
Funds holding: 122 → 143 (+21)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
93% less call options, than puts
Call options by funds: $371K | Put options by funds: $5.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$49.4M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$37.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$35M |
| 4 |
ECA
Encompass Capital Advisors
New York
|
+$27.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
-$33.8M |
| 2 |
JP Morgan Chase
New York
|
-$13.3M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.71M |
| 4 |
SIM
Spark Investment Management
New York
|
-$3.39M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$1.83M |
BTE Hedge Fund Activity: Q3 2018 in Review
143 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q3 2018, worth a combined $539M — up 115% from $251M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BTE positions and 16 closed out — a net gain of 22 holders — while 55 added to existing stakes and 28 trimmed.
The largest buyer was Wellington Management Group, opening a new position worth an estimated $49.4M. The largest seller was Luminus Management, exiting entirely with an estimated $33.8M sold.
- 143 institutional investors held Baytex Energy (BTE) as of Q3 2018, up from 122 in Q2 2018.
- Funds reported $539M of Baytex Energy stock for Q3 2018, up 115% quarter-over-quarter.
- 38 funds opened new Baytex Energy positions in Q3 2018 and 16 closed out, a net change of +22 holders.
- The largest Baytex Energy buyer in Q3 2018 was Wellington Management Group, an estimated $49.4M added.
- The largest Baytex Energy seller in Q3 2018 was Luminus Management, an estimated $33.8M sold.
Based on aggregated 13F filings for Q3 2018.