Gran Tierra Energy
GTE
147 hedge funds and large institutions have $650M invested in Gran Tierra Energy in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 56 increasing their positions, 47 reducing their positions, and 9 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 47
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1% more funds holding
Funds holding: 146 → 147 (+1)
0.49% more ownership
Funds ownership: 6.93% → 7.42% (+0.49%)
4% less capital invested
Capital invested by funds: $678M → $650M (-$27.4M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
44% less call options, than puts
Call options by funds: $487K | Put options by funds: $875K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
+$30.3M |
| 2 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$15.5M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$13.9M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.56M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$3.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$17.4M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$8.26M |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
-$6.89M |
| 4 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$3.63M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$3.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DVM
151
Dreman Value Management
West Palm Beach,
Florida
| – | -$146K | -4,313 | Closed |
|
152
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$144K | -4,300 | Closed |
|
153
First Manhattan
New York
| – | -$39K | -1,180 | Closed |
|
|
CG
154
Cutler Group
San Francisco,
California
| – | -$14.7K | -512 | Closed |
|
|
CCA
155
Checchi Capital Advisers
Beverly Hills,
California
| – | -$3K | -86 | Closed |
|
GTE Hedge Fund Activity: Q3 2016 in Review
147 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Gran Tierra Energy (GTE) for Q3 2016, worth a combined $650M — down 4% from $678M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GTE positions and 9 closed out — a net gain of 1 holder — while 56 added to existing stakes and 47 trimmed.
The largest buyer was Public Sector Pension Investment Board (PSP Investments), adding an estimated $30.3M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $17.4M.
- 147 institutional investors held Gran Tierra Energy (GTE) as of Q3 2016, up from 146 in Q2 2016.
- Funds reported $650M of Gran Tierra Energy stock for Q3 2016, down 4% quarter-over-quarter.
- 10 funds opened new Gran Tierra Energy positions in Q3 2016 and 9 closed out, a net change of +1 holder.
- The largest Gran Tierra Energy buyer in Q3 2016 was Public Sector Pension Investment Board (PSP Investments), an estimated $30.3M added.
- The largest Gran Tierra Energy seller in Q3 2016 was Canada Pension Plan Investment Board, an estimated $17.4M sold.
Based on aggregated 13F filings for Q3 2016.