Bellatrix Exploration Ltd.
BXE
BXE was delisted on the 11th of February, 2019.
39 hedge funds and large institutions have $73.9M invested in Bellatrix Exploration Ltd. in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 14 closing their positions.
10% less capital invested
Capital invested by funds: $81.8M → $73.9M (-$7.98M)
19% less funds holding
Funds holding: 48 → 39 (-9)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
64% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Signia Capital Management
Spokane,
Washington
|
+$2.57M |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
+$2.09M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$1.62M |
| 4 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$787K |
| 5 |
PCM
Proxima Capital Management
New York
|
+$422K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$5.1M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$3.52M |
| 3 |
CP
Centerbridge Partners
New York
|
-$788K |
| 4 |
MC
Muhlenkamp & Co
Wexford,
Pennsylvania
|
-$469K |
| 5 |
GCAC
Guardian Capital Advisors (Canada)
Toronto,
Ontario, Canada
|
-$92K |
BXE Hedge Fund Activity: Q2 2017 in Review
39 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Bellatrix Exploration Ltd. (BXE) for Q2 2017, worth a combined $73.9M — down 9.8% from $81.8M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BXE and 5 opened new positions — a net loss of 9 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Signia Capital Management, adding an estimated $2.57M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), exiting entirely with an estimated $5.1M sold.
- 39 institutional investors held Bellatrix Exploration Ltd. (BXE) as of Q2 2017, down from 48 in Q1 2017.
- Funds reported $73.9M of Bellatrix Exploration Ltd. stock for Q2 2017, down 9.8% quarter-over-quarter.
- 5 funds opened new Bellatrix Exploration Ltd. positions in Q2 2017 and 14 closed out, a net change of -9 holders.
- The largest Bellatrix Exploration Ltd. buyer in Q2 2017 was Signia Capital Management, an estimated $2.57M added.
- The largest Bellatrix Exploration Ltd. seller in Q2 2017 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $5.1M sold.
Based on aggregated 13F filings for Q2 2017.