Gran Tierra Energy
GTE
124 hedge funds and large institutions have $468M invested in Gran Tierra Energy in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 55 reducing their positions, and 26 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.32% more ownership
Funds ownership: 72.17% → 72.49% (+0.32%)
8% less funds holding
Funds holding: 135 → 124 (-11)
27% less capital invested
Capital invested by funds: $642M → $468M (-$175M)
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
45% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 55
63% less call options, than puts
Call options by funds: $220K | Put options by funds: $591K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
+$31.3M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$16.5M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
+$9.56M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$5.39M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$13.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.68M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$9.43M |
| 5 |
IIM
Intact Investment Management
Montreal,
Quebec, Canada
|
-$9.05M |
GTE Hedge Fund Activity: Q2 2019 in Review
124 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Gran Tierra Energy (GTE) for Q2 2019, worth a combined $468M — down 27% from $642M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of GTE and 15 opened new positions — a net loss of 11 holders — while 55 trimmed existing stakes and 30 added.
The largest buyer was BNP Paribas Asset Management, adding an estimated $31.3M. The largest seller was Victory Capital Management, exiting entirely with an estimated $13.1M sold.
- 124 institutional investors held Gran Tierra Energy (GTE) as of Q2 2019, down from 135 in Q1 2019.
- Funds reported $468M of Gran Tierra Energy stock for Q2 2019, down 27% quarter-over-quarter.
- 15 funds opened new Gran Tierra Energy positions in Q2 2019 and 26 closed out, a net change of -11 holders.
- The largest Gran Tierra Energy buyer in Q2 2019 was BNP Paribas Asset Management, an estimated $31.3M added.
- The largest Gran Tierra Energy seller in Q2 2019 was Victory Capital Management, an estimated $13.1M sold.
Based on aggregated 13F filings for Q2 2019.