Bellatrix Exploration Ltd.
BXE
BXE was delisted on the 11th of February, 2019.
60 hedge funds and large institutions have $325M invested in Bellatrix Exploration Ltd. in 2013 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 5 closing their positions.
300% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
41% more capital invested
Capital invested by funds: $230M → $325M (+$94.7M)
33% more funds holding
Funds holding: 45 → 60 (+15)
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$24M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$13.8M |
| 3 |
GMI
Greystone Managed Investments
Regina,
Saskatchewan, Canada
|
+$7.92M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.76M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$10M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$7.85M |
| 3 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$5.52M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.31M |
| 5 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$2.22M |
BXE Hedge Fund Activity: Q3 2013 in Review
60 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Bellatrix Exploration Ltd. (BXE) for Q3 2013, worth a combined $325M — up 41% from $230M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BXE positions and 5 closed out — a net gain of 15 holders — while 20 added to existing stakes and 18 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $24M. The largest seller was Mackenzie Financial, cutting an estimated $10M.
- 60 institutional investors held Bellatrix Exploration Ltd. (BXE) as of Q3 2013, up from 45 in Q2 2013.
- Funds reported $325M of Bellatrix Exploration Ltd. stock for Q3 2013, up 41% quarter-over-quarter.
- 20 funds opened new Bellatrix Exploration Ltd. positions in Q3 2013 and 5 closed out, a net change of +15 holders.
- The largest Bellatrix Exploration Ltd. buyer in Q3 2013 was Bank of Montreal, an estimated $24M added.
- The largest Bellatrix Exploration Ltd. seller in Q3 2013 was Mackenzie Financial, an estimated $10M sold.
Based on aggregated 13F filings for Q3 2013.