Bellatrix Exploration Ltd.
BXE
BXE was delisted on the 11th of February, 2019.
89 hedge funds and large institutions have $207M invested in Bellatrix Exploration Ltd. in 2015 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 32 increasing their positions, 17 reducing their positions, and 9 closing their positions.
144% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 9
88% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 17
17% more funds holding
Funds holding: 76 → 89 (+13)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
37% less call options, than puts
Call options by funds: $241K | Put options by funds: $383K
40% less capital invested
Capital invested by funds: $343M → $207M (-$136M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$9.86M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$6.03M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.32M |
| 4 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$3.76M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$31.1M |
| 2 |
MCM
Mast Capital Management
Boston,
Massachusetts
|
-$12M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.2M |
| 4 |
JP Morgan Chase
New York
|
-$7.96M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$7.3M |
BXE Hedge Fund Activity: Q1 2015 in Review
89 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Bellatrix Exploration Ltd. (BXE) for Q1 2015, worth a combined $207M — down 40% from $343M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BXE positions and 9 closed out — a net gain of 13 holders — while 32 added to existing stakes and 17 trimmed.
The largest buyer was Baupost Group, adding an estimated $9.86M. The largest seller was Bank of Montreal, cutting an estimated $31.1M.
- 89 institutional investors held Bellatrix Exploration Ltd. (BXE) as of Q1 2015, up from 76 in Q4 2014.
- Funds reported $207M of Bellatrix Exploration Ltd. stock for Q1 2015, down 40% quarter-over-quarter.
- 22 funds opened new Bellatrix Exploration Ltd. positions in Q1 2015 and 9 closed out, a net change of +13 holders.
- The largest Bellatrix Exploration Ltd. buyer in Q1 2015 was Baupost Group, an estimated $9.86M added.
- The largest Bellatrix Exploration Ltd. seller in Q1 2015 was Bank of Montreal, an estimated $31.1M sold.
Based on aggregated 13F filings for Q1 2015.