FOREST OIL CORPORATION
FST
FST was delisted on the 15th of December, 2014.
173 hedge funds and large institutions have $465M invested in FOREST OIL CORPORATION in 2013 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 61 increasing their positions, 57 reducing their positions, and 31 closing their positions.
418% more call options, than puts
Call options by funds: $19.9M | Put options by funds: $3.85M
13% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 31
2% more funds holding
Funds holding: 169 → 173 (+4)
7% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 57
42% less capital invested
Capital invested by funds: $800M → $465M (-$335M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$12M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$11.3M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$9.4M |
| 4 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
+$8.57M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$8.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WFC
West Face Capital
Toronto,
Ontario, Canada
|
-$32.2M |
| 2 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$30M |
| 3 |
GC
GW Capital
Bellevue,
Washington
|
-$27.7M |
| 4 |
OCAM
Owl Creek Asset Management
New York
|
-$14.7M |
| 5 |
TC
Teilinger Capital
Houston,
Texas
|
-$11.8M |
FST Hedge Fund Activity: Q4 2013 in Review
173 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in FOREST OIL CORPORATION (FST) for Q4 2013, worth a combined $465M — down 42% from $800M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new FST positions and 31 closed out — a net gain of 4 holders — while 61 added to existing stakes and 57 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $12M. The largest seller was West Face Capital, exiting entirely with an estimated $32.2M sold.
- 173 institutional investors held FOREST OIL CORPORATION (FST) as of Q4 2013, up from 169 in Q3 2013.
- Funds reported $465M of FOREST OIL CORPORATION stock for Q4 2013, down 42% quarter-over-quarter.
- 35 funds opened new FOREST OIL CORPORATION positions in Q4 2013 and 31 closed out, a net change of +4 holders.
- The largest FOREST OIL CORPORATION buyer in Q4 2013 was Saba Capital Management, an estimated $12M added.
- The largest FOREST OIL CORPORATION seller in Q4 2013 was West Face Capital, an estimated $32.2M sold.
Based on aggregated 13F filings for Q4 2013.