Bellatrix Exploration Ltd.
BXE
BXE was delisted on the 11th of February, 2019.
56 hedge funds and large institutions have $96M invested in Bellatrix Exploration Ltd. in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 12 closing their positions.
34% more capital invested
Capital invested by funds: $71.7M → $96M (+$24.2M)
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
5% less funds holding
Funds holding: 59 → 56 (-3)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $14K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$6.25M |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$5.02M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$4.54M |
| 4 |
CP
Centerbridge Partners
New York
|
+$3.07M |
| 5 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.5M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.01M |
| 3 |
Swiss National Bank
Zurich,
Switzerland
|
-$317K |
| 4 |
Goldman Sachs
New York
|
-$313K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$255K |
BXE Hedge Fund Activity: Q4 2016 in Review
56 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Bellatrix Exploration Ltd. (BXE) for Q4 2016, worth a combined $96M — up 34% from $71.7M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BXE and 10 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was Oaktree Capital Management, adding an estimated $6.25M. The largest seller was Royal Bank of Canada, cutting an estimated $1.5M.
- 56 institutional investors held Bellatrix Exploration Ltd. (BXE) as of Q4 2016, down from 59 in Q3 2016.
- Funds reported $96M of Bellatrix Exploration Ltd. stock for Q4 2016, up 34% quarter-over-quarter.
- 10 funds opened new Bellatrix Exploration Ltd. positions in Q4 2016 and 12 closed out, a net change of -2 holders.
- The largest Bellatrix Exploration Ltd. buyer in Q4 2016 was Oaktree Capital Management, an estimated $6.25M added.
- The largest Bellatrix Exploration Ltd. seller in Q4 2016 was Royal Bank of Canada, an estimated $1.5M sold.
Based on aggregated 13F filings for Q4 2016.