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BXE

Bellatrix Exploration Ltd.
BXE

Delisted

BXE was delisted on the 11th of February, 2019.

56 hedge funds and large institutions have $96M invested in Bellatrix Exploration Ltd. in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more capital invested

Capital invested by funds: $71.7M → $96M (+$24.2M)

23% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 13

5% less funds holding

Funds holding: 5956 (-3)

17% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 12

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $14K

Holders
56
Holders Change
-3
Holders Change %
-5.08%
% of All Funds
1.4%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
10
Increased
16
Reduced
13
Closed
12
Calls
Puts
$14K
Net Calls
-$14K
Net Calls Change
-$14K
Name Holding Trade Value Shares
Change
Change in
Stake
Schroder Investment Management Group
1
Schroder Investment Management Group
United Kingdom
$25.6M -$1.01M -230,077 -5%
AFM
2
Anson Funds Management
Texas
$23M +$5.02M +1,150,000 +47%
OCM
3
Oaktree Capital Management
California
$17.9M +$6.25M +1,430,000 +62%
Connor, Clark & Lunn Investment Management (CC&L)
4
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$7.53M -$255K -58,365 -4%
PAMP
5
Polar Asset Management Partners
Ontario, Canada
$4.88M +$4.54M +1,039,100 New
PCM
6
Proxima Capital Management
New York
$4.57M +$192K +43,886 +5%
CP
7
Centerbridge Partners
New York
$3.32M +$3.07M +703,612 New
SCM
8
Signia Capital Management
Washington
$1.73M +$1.6M +366,202 New
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$1.28M +$1.18M +270,002 +18,531%
Norges Bank
10
Norges Bank
Norway
$857K
GGHC
11
Gilder Gagnon Howe & Co
New York
$697K -$115K -26,240 -15%
MC
12
Muhlenkamp & Co
Pennsylvania
$565K -$87.4K -20,000 -14%
GCC
13
Guardian Capital (Canada)
Ontario, Canada
$529K +$98.8K +22,600 +26%
Morgan Stanley
14
Morgan Stanley
New York
$515K +$60.9K +13,941 +15%
MFM
15
MHR Fund Management
New York
$500K
Canada Pension Plan Investment Board
16
Canada Pension Plan Investment Board
Ontario, Canada
$294K
CSS
17
Cubist Systematic Strategies
Connecticut
$231K +$9.88K +2,260 +5%
VKH
18
Virtu KCG Holdings
New York
$211K +$168K +38,424 +616%
KJHP
19
K.J. Harrison & Partners
Ontario, Canada
$195K +$179K +41,000 New
Deutsche Bank
20
Deutsche Bank
Germany
$186K +$50.8K +11,615 +42%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$170K +$38.5K +8,800 +32%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$130K -$1.5M -344,247 -93%
Goldman Sachs
23
Goldman Sachs
New York
$116K -$313K -71,682 -75%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$106K +$10.9K +2,506 +10%
GCAC
25
Guardian Capital Advisors (Canada)
Ontario, Canada
$91K

BXE Hedge Fund Activity: Q4 2016 in Review

56 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Bellatrix Exploration Ltd. (BXE) for Q4 2016, worth a combined $96M — up 34% from $71.7M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of BXE and 10 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 16 added.

The largest buyer was Oaktree Capital Management, adding an estimated $6.25M. The largest seller was Royal Bank of Canada, cutting an estimated $1.5M.

  • 56 institutional investors held Bellatrix Exploration Ltd. (BXE) as of Q4 2016, down from 59 in Q3 2016.
  • Funds reported $96M of Bellatrix Exploration Ltd. stock for Q4 2016, up 34% quarter-over-quarter.
  • 10 funds opened new Bellatrix Exploration Ltd. positions in Q4 2016 and 12 closed out, a net change of -2 holders.
  • The largest Bellatrix Exploration Ltd. buyer in Q4 2016 was Oaktree Capital Management, an estimated $6.25M added.
  • The largest Bellatrix Exploration Ltd. seller in Q4 2016 was Royal Bank of Canada, an estimated $1.5M sold.

Based on aggregated 13F filings for Q4 2016.