Bellatrix Exploration Ltd.
BXE
BXE was delisted on the 11th of February, 2019.
84 hedge funds and large institutions have $144M invested in Bellatrix Exploration Ltd. in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 20 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less funds holding
Funds holding: 90 → 84 (-6)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
30% less capital invested
Capital invested by funds: $208M → $144M (-$63.3M)
34% less call options, than puts
Call options by funds: $27K | Put options by funds: $41K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$7.59M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$4.01M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.45M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$1.94M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$4.27M |
| 2 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$3.78M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$3.38M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$2.55M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$1.74M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Group One Trading
Chicago,
Illinois
| – | -$34K | -2,954 | Closed |
|
|
SC
102
Scotia Capital
Toronto,
Ontario, Canada
| – | -$30K | -2,583 | Closed |
|
BXE Hedge Fund Activity: Q3 2015 in Review
84 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Bellatrix Exploration Ltd. (BXE) for Q3 2015, worth a combined $144M — down 30% from $208M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BXE and 15 opened new positions — a net loss of 5 holders — while 18 trimmed existing stakes and 31 added.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $7.59M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $4.27M sold.
- 84 institutional investors held Bellatrix Exploration Ltd. (BXE) as of Q3 2015, down from 90 in Q2 2015.
- Funds reported $144M of Bellatrix Exploration Ltd. stock for Q3 2015, down 30% quarter-over-quarter.
- 15 funds opened new Bellatrix Exploration Ltd. positions in Q3 2015 and 20 closed out, a net change of -5 holders.
- The largest Bellatrix Exploration Ltd. buyer in Q3 2015 was First Trust Advisors, an estimated $7.59M added.
- The largest Bellatrix Exploration Ltd. seller in Q3 2015 was Portolan Capital Management, an estimated $4.27M sold.
Based on aggregated 13F filings for Q3 2015.