Bellatrix Exploration Ltd.
BXE
BXE was delisted on the 11th of February, 2019.
48 hedge funds and large institutions have $81.8M invested in Bellatrix Exploration Ltd. in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 10 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% less funds holding
Funds holding: 56 → 48 (-8)
15% less capital invested
Capital invested by funds: $96M → $81.8M (-$14.2M)
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $10K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$2.61M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.59M |
| 3 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$289K |
| 4 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$17K |
| 5 |
GCAC
Guardian Capital Advisors (Canada)
Toronto,
Ontario, Canada
|
+$14K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$1.16M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$857K |
| 3 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$370K |
| 4 |
Morgan Stanley
New York
|
-$222K |
| 5 |
KJHP
K.J. Harrison & Partners
Toronto,
Ontario, Canada
|
-$195K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$1K | -6,852 | Closed |
|
52
Wolverine Trading
Chicago,
Illinois
| – | -$10K | -2,084 | Closed |
|
|
MSAM
53
Moloney Securities Asset Management
Manchester,
Missouri
| – | -$9K | -2,000 | Closed |
|
|
SAM
54
Shell Asset Management
The Hague,
Netherlands
| – | -$5K | -759 | Closed |
|
|
NFG
55
Next Financial Group
Houston,
Texas
| – | -$2K | -400 | Closed |
|
BXE Hedge Fund Activity: Q1 2017 in Review
48 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Bellatrix Exploration Ltd. (BXE) for Q1 2017, worth a combined $81.8M — down 15% from $96M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BXE and 2 opened new positions — a net loss of 8 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Signia Capital Management, adding an estimated $2.61M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $1.16M.
- 48 institutional investors held Bellatrix Exploration Ltd. (BXE) as of Q1 2017, down from 56 in Q4 2016.
- Funds reported $81.8M of Bellatrix Exploration Ltd. stock for Q1 2017, down 15% quarter-over-quarter.
- 2 funds opened new Bellatrix Exploration Ltd. positions in Q1 2017 and 10 closed out, a net change of -8 holders.
- The largest Bellatrix Exploration Ltd. buyer in Q1 2017 was Signia Capital Management, an estimated $2.61M added.
- The largest Bellatrix Exploration Ltd. seller in Q1 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $1.16M sold.
Based on aggregated 13F filings for Q1 2017.