Baytex Energy
181 hedge funds and large institutions have $900M invested in Baytex Energy in 2023 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 58 increasing their positions, 54 reducing their positions, and 42 closing their positions.
55% more capital invested
Capital invested by funds: $580M → $900M (+$320M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2.9% more ownership
Funds ownership: 20.75% → 23.65% (+2.9%)
7% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 54
5% less funds holding
Funds holding: 191 → 181 (-10)
21% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 42
32% less call options, than puts
Call options by funds: $4.59M | Put options by funds: $6.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
Sourcerock Group
Denver,
Colorado
|
+$19.3M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$19.1M |
| 3 |
Goldman Sachs
New York
|
+$15.8M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$14.5M |
| 5 |
YCM
Yaupon Capital Management
New York
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$25.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$9.08M |
| 3 |
WIC
Water Island Capital
New York
|
-$7.71M |
| 4 |
HF
HRT Financial
New York
|
-$7.71M |
| 5 |
WCCM
Webs Creek Capital Management
Dallas,
Texas
|
-$7.36M |
BTE Hedge Fund Activity: Q3 2023 in Review
181 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Baytex Energy (BTE) for Q3 2023, worth a combined $900M — up 55% from $580M a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of BTE and 33 opened new positions — a net loss of 9 holders — while 54 trimmed existing stakes and 58 added.
The largest buyer was Sourcerock Group, opening a new position worth an estimated $19.3M. The largest seller was Jane Street, cutting an estimated $25.2M.
- 181 institutional investors held Baytex Energy (BTE) as of Q3 2023, down from 191 in Q2 2023.
- Funds reported $900M of Baytex Energy stock for Q3 2023, up 55% quarter-over-quarter.
- 33 funds opened new Baytex Energy positions in Q3 2023 and 42 closed out, a net change of -9 holders.
- The largest Baytex Energy buyer in Q3 2023 was Sourcerock Group, an estimated $19.3M added.
- The largest Baytex Energy seller in Q3 2023 was Jane Street, an estimated $25.2M sold.
Based on aggregated 13F filings for Q3 2023.