Enerplus Corporation
ERF
ERF was delisted on the 30th of May, 2024.
136 hedge funds and large institutions have $212M invested in Enerplus Corporation in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 53 reducing their positions, and 30 closing their positions.
9% less funds holding
Funds holding: 149 → 136 (-13)
25% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 53
40% less capital invested
Capital invested by funds: $352M → $212M (-$141M)
43% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 30
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
73% less call options, than puts
Call options by funds: $220K | Put options by funds: $821K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LM
Luminus Management
Houston,
Texas
|
+$10.1M |
| 2 |
DBC
Deep Basin Capital
Stamford,
Connecticut
|
+$7.02M |
| 3 |
ECA
Encompass Capital Advisors
New York
|
+$6.29M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.55M |
| 5 |
Millennium Management
New York
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.7M |
| 2 |
LM
Lincluden Management
Mississauga,
Ontario, Canada
|
-$9.18M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$7.09M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$4.34M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$3.59M |
ERF Hedge Fund Activity: Q3 2020 in Review
136 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Enerplus Corporation (ERF) for Q3 2020, worth a combined $212M — down 40% from $352M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of ERF and 17 opened new positions — a net loss of 13 holders — while 53 trimmed existing stakes and 40 added.
The largest buyer was Luminus Management, opening a new position worth an estimated $10.1M. The largest seller was Credit Suisse, cutting an estimated $10.7M.
- 136 institutional investors held Enerplus Corporation (ERF) as of Q3 2020, down from 149 in Q2 2020.
- Funds reported $212M of Enerplus Corporation stock for Q3 2020, down 40% quarter-over-quarter.
- 17 funds opened new Enerplus Corporation positions in Q3 2020 and 30 closed out, a net change of -13 holders.
- The largest Enerplus Corporation buyer in Q3 2020 was Luminus Management, an estimated $10.1M added.
- The largest Enerplus Corporation seller in Q3 2020 was Credit Suisse, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2020.