Bellatrix Exploration Ltd.
BXE
BXE was delisted on the 11th of February, 2019.
76 hedge funds and large institutions have $442M invested in Bellatrix Exploration Ltd. in 2013 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 34 increasing their positions, 13 reducing their positions, and 9 closing their positions.
512% more call options, than puts
Call options by funds: $104K | Put options by funds: $17K
178% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 9
162% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 13
36% more capital invested
Capital invested by funds: $325M → $442M (+$117M)
27% more funds holding
Funds holding: 60 → 76 (+16)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCC
Guardian Capital (Canada)
Toronto,
Ontario, Canada
|
+$46.4M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$32.3M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$21.6M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$18.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$40.8M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$11.4M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$7.14M |
| 4 |
NC
Nokomis Capital
Dallas,
Texas
|
-$6.77M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$6.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAMP
76
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$11.4M | -300,000 | Closed |
|
|
SCM
77
SIR Capital Management
New York
| – | -$1.82M | -47,800 | Closed |
|
|
WCA
78
Waratah Capital Advisors
Toronto,
Ontario, Canada
| – | -$1.44M | -37,860 | Closed |
|
|
SSWM
79
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$763K | -20,040 | Closed |
|
80
Arrowstreet Capital
Boston,
Massachusetts
| – | -$399K | -10,472 | Closed |
|
|
QBFM
81
QS Batterymarch Financial Management
New York
| – | -$344K | -9,000 | Closed |
|
82
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$277K | -7,280 | Closed |
|
|
TC
83
TFS Capital
West Chester,
Pennsylvania
| – | -$160K | -4,196 | Closed |
|
|
BIT
84
BlackRock Institutional Trust
San Francisco,
California
| – | -$13K | -340 | Closed |
|
BXE Hedge Fund Activity: Q4 2013 in Review
76 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Bellatrix Exploration Ltd. (BXE) for Q4 2013, worth a combined $442M — up 36% from $325M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new BXE positions and 9 closed out — a net gain of 16 holders — while 34 added to existing stakes and 13 trimmed.
The largest buyer was Guardian Capital (Canada), adding an estimated $46.4M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), cutting an estimated $40.8M.
- 76 institutional investors held Bellatrix Exploration Ltd. (BXE) as of Q4 2013, up from 60 in Q3 2013.
- Funds reported $442M of Bellatrix Exploration Ltd. stock for Q4 2013, up 36% quarter-over-quarter.
- 25 funds opened new Bellatrix Exploration Ltd. positions in Q4 2013 and 9 closed out, a net change of +16 holders.
- The largest Bellatrix Exploration Ltd. buyer in Q4 2013 was Guardian Capital (Canada), an estimated $46.4M added.
- The largest Bellatrix Exploration Ltd. seller in Q4 2013 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $40.8M sold.
Based on aggregated 13F filings for Q4 2013.