Baytex Energy
114 hedge funds and large institutions have $211M invested in Baytex Energy in 2019 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 50 reducing their positions, and 17 closing their positions.
128% more call options, than puts
Call options by funds: $503K | Put options by funds: $221K
5% less funds holding
Funds holding: 120 → 114 (-6)
19% less capital invested
Capital invested by funds: $260M → $211M (-$48.3M)
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
40% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NP
Ninepoint Partners
Toronto,
Ontario, Canada
|
+$10.3M |
| 2 |
Two Sigma Investments
New York
|
+$3.56M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$3.47M |
| 4 |
RA
Royce & Associates
New York
|
+$1.15M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$764K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$14.7M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$7.21M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$4.21M |
| 4 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
-$4.09M |
| 5 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$3.9M |
BTE Hedge Fund Activity: Q1 2019 in Review
114 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q1 2019, worth a combined $211M — down 19% from $260M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BTE and 11 opened new positions — a net loss of 6 holders — while 50 trimmed existing stakes and 30 added.
The largest buyer was Ninepoint Partners, opening a new position worth an estimated $10.3M. The largest seller was Royal Bank of Canada, cutting an estimated $14.7M.
- 114 institutional investors held Baytex Energy (BTE) as of Q1 2019, down from 120 in Q4 2018.
- Funds reported $211M of Baytex Energy stock for Q1 2019, down 19% quarter-over-quarter.
- 11 funds opened new Baytex Energy positions in Q1 2019 and 17 closed out, a net change of -6 holders.
- The largest Baytex Energy buyer in Q1 2019 was Ninepoint Partners, an estimated $10.3M added.
- The largest Baytex Energy seller in Q1 2019 was Royal Bank of Canada, an estimated $14.7M sold.
Based on aggregated 13F filings for Q1 2019.