Bellatrix Exploration Ltd.
BXE
BXE was delisted on the 11th of February, 2019.
76 hedge funds and large institutions have $343M invested in Bellatrix Exploration Ltd. in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 29 reducing their positions, and 23 closing their positions.
192% more call options, than puts
Call options by funds: $108K | Put options by funds: $37K
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
16% less funds holding
Funds holding: 90 → 76 (-14)
17% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 29
33% less capital invested
Capital invested by funds: $510M → $343M (-$166M)
57% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$80.5M |
| 2 |
OC
Orange Capital
Manhasset,
New York
|
+$43.2M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$10M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.09M |
| 5 |
MCM
Mast Capital Management
Boston,
Massachusetts
|
+$3.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$25.9M |
| 2 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
-$24.7M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$17.5M |
| 4 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$10.5M |
| 5 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$7.82M |
BXE Hedge Fund Activity: Q4 2014 in Review
76 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Bellatrix Exploration Ltd. (BXE) for Q4 2014, worth a combined $343M — down 33% from $510M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BXE and 10 opened new positions — a net loss of 13 holders — while 29 trimmed existing stakes and 24 added.
The largest buyer was Baupost Group, opening a new position worth an estimated $80.5M. The largest seller was Ninety One (UK), exiting entirely with an estimated $25.9M sold.
- 76 institutional investors held Bellatrix Exploration Ltd. (BXE) as of Q4 2014, down from 90 in Q3 2014.
- Funds reported $343M of Bellatrix Exploration Ltd. stock for Q4 2014, down 33% quarter-over-quarter.
- 10 funds opened new Bellatrix Exploration Ltd. positions in Q4 2014 and 23 closed out, a net change of -13 holders.
- The largest Bellatrix Exploration Ltd. buyer in Q4 2014 was Baupost Group, an estimated $80.5M added.
- The largest Bellatrix Exploration Ltd. seller in Q4 2014 was Ninety One (UK), an estimated $25.9M sold.
Based on aggregated 13F filings for Q4 2014.