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BXE

Bellatrix Exploration Ltd.
BXE

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 33 (0)

16% less funds holding

Funds holding: 9076 (-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

Holders
76
Holders Change
-14
Holders Change %
-15.56%
% of All Funds
2.03%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
10
Increased
24
Reduced
29
Closed
23
Calls
$108K
Puts
$37K
Net Calls
+$71K
Net Calls Change
+$168K
Name Holding Trade Value Shares
Change
Change in
Stake
OC
1
Orange Capital
New York
$100M +$43.2M +1,942,910 +54%
BG
2
Baupost Group
Massachusetts
$65.9M +$80.5M +3,620,743 New
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$52.1M +$6.09M +274,108 +11%
Fiera Capital (Canada)
4
Fiera Capital (Canada)
Quebec, Canada
$18.4M -$17.5M -786,749 -44%
MCM
5
Mast Capital Management
Massachusetts
$12M +$3.15M +141,900 +27%
GGHC
6
Gilder Gagnon Howe & Co
New York
$9.19M -$2.79M -125,505 -20%
PAMP
7
Polar Asset Management Partners
Ontario, Canada
$8.2M +$10M +450,780 New
JP Morgan Chase
8
JP Morgan Chase
New York
$7.96M -$3.53K -159 -0%
Caisse de Depot et Placement du Quebec (CDPQ)
9
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$7.3M +$1.33M +60,000 +18%
Mackenzie Financial
10
Mackenzie Financial
Ontario, Canada
$7.26M -$2.4M -108,080 -21%
Public Sector Pension Investment Board (PSP Investments)
11
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$6.23M
Norges Bank
12
Norges Bank
Norway
$4.73M
NC
13
Nokomis Capital
Texas
$4.14M +$1.01M +45,240 +25%
AC
14
Addenda Capital
Quebec, Canada
$3.85M -$1.27M -57,232 -21%
TD Asset Management
15
TD Asset Management
Ontario, Canada
$3.46M -$2.71M -121,947 -39%
DVM
16
Dreman Value Management
Florida
$3.27M +$155K +6,982 +4%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$3.04M -$953K -42,880 -20%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$3.01M -$2.86M -128,586 -44%
MC
19
Muhlenkamp & Co
Pennsylvania
$2.92M +$821K +36,925 +30%
MFM
20
MHR Fund Management
New York
$1.93M
Schroder Investment Management Group
21
Schroder Investment Management Group
United Kingdom
$1.77M +$38.6K +1,739 +2%
GCC
22
Guardian Capital (Canada)
Ontario, Canada
$1.61M -$24.7M -1,112,097 -93%
Allianz Asset Management
23
Allianz Asset Management
Germany
$1.58M
SSWM
24
Sheets Smith Wealth Management
North Carolina
$910K +$555K +24,960 +100%
PG
25
Portola Group
California
$839K -$8.45K -380 -0.8%

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.