Penn West Energy Petroleum Ltd
PWE
PWE was delisted on the 28th of June, 2017.
207 hedge funds and large institutions have $388M invested in Penn West Energy Petroleum Ltd in 2014 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 70 increasing their positions, 66 reducing their positions, and 50 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 66
6% less funds holding
Funds holding: 221 → 207 (-14)
20% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 50
70% less capital invested
Capital invested by funds: $1.31B → $388M (-$921M)
70% less call options, than puts
Call options by funds: $7.3M | Put options by funds: $24.6M
100% less funds holding in top 10
Funds holding in top 10: 5 → 0 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KGH Ltd
Nassau,
Bahamas
|
+$36M |
| 2 |
Millennium Management
New York
|
+$30.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$17.3M |
| 4 |
Morgan Stanley
New York
|
+$13.6M |
| 5 |
PCM
Proxima Capital Management
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$51.1M |
| 2 |
First Eagle Investment Management
New York
|
-$35.7M |
| 3 |
CIBC Asset Management
Toronto,
Ontario, Canada
|
-$28.5M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$25.7M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$21.3M |
PWE Hedge Fund Activity: Q4 2014 in Review
207 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Penn West Energy Petroleum Ltd (PWE) for Q4 2014, worth a combined $388M — down 70% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 50 funds closed out of PWE and 40 opened new positions — a net loss of 10 holders — while 66 trimmed existing stakes and 70 added.
The largest buyer was KGH Ltd, adding an estimated $36M. The largest seller was Magnetar Financial, exiting entirely with an estimated $51.1M sold.
- 207 institutional investors held Penn West Energy Petroleum Ltd (PWE) as of Q4 2014, down from 221 in Q3 2014.
- Funds reported $388M of Penn West Energy Petroleum Ltd stock for Q4 2014, down 70% quarter-over-quarter.
- 40 funds opened new Penn West Energy Petroleum Ltd positions in Q4 2014 and 50 closed out, a net change of -10 holders.
- The largest Penn West Energy Petroleum Ltd buyer in Q4 2014 was KGH Ltd, an estimated $36M added.
- The largest Penn West Energy Petroleum Ltd seller in Q4 2014 was Magnetar Financial, an estimated $51.1M sold.
Based on aggregated 13F filings for Q4 2014.