Penn West Energy Petroleum Ltd
PWE
PWE was delisted on the 28th of June, 2017.
142 hedge funds and large institutions have $73M invested in Penn West Energy Petroleum Ltd in 2015 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 32 increasing their positions, 59 reducing their positions, and 28 closing their positions.
63% more capital invested
Capital invested by funds: $44.9M → $73M (+$28.1M)
7% less funds holding
Funds holding: 153 → 142 (-11)
36% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 28
46% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 59
69% less call options, than puts
Call options by funds: $466K | Put options by funds: $1.52M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCG
FrontFour Capital Group
Greenwich,
Connecticut
|
+$12.5M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$3.57M |
| 3 |
Credit Agricole
Montrouge Cedex,
France
|
+$1.94M |
| 4 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$1.63M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$932K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.28M |
| 2 |
First Eagle Investment Management
New York
|
-$6.06M |
| 3 |
KL
KGH Ltd
Nassau,
Bahamas
|
-$2.71M |
| 4 |
Morgan Stanley
New York
|
-$2.23M |
| 5 |
PCM
Proxima Capital Management
New York
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
151
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$1K | -1,700 | Closed |
|
152
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$1K | -1,508 | Closed |
|
|
BAM
153
Brave Asset Management
Summit,
New Jersey
| – | -$1K | -1,500 | Closed |
|
154
BlackRock
New York
| – | +$3 | +3 | New |
|
|
AFP
155
Ausdal Financial Partners
Davenport,
Iowa
| – | +$318 | +300 | New |
|
PWE Hedge Fund Activity: Q4 2015 in Review
142 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Penn West Energy Petroleum Ltd (PWE) for Q4 2015, worth a combined $73M — up 63% from $44.9M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of PWE and 18 opened new positions — a net loss of 10 holders — while 59 trimmed existing stakes and 32 added.
The largest buyer was FrontFour Capital Group, adding an estimated $12.5M. The largest seller was Royal Bank of Canada, cutting an estimated $8.28M.
- 142 institutional investors held Penn West Energy Petroleum Ltd (PWE) as of Q4 2015, down from 153 in Q3 2015.
- Funds reported $73M of Penn West Energy Petroleum Ltd stock for Q4 2015, up 63% quarter-over-quarter.
- 18 funds opened new Penn West Energy Petroleum Ltd positions in Q4 2015 and 28 closed out, a net change of -10 holders.
- The largest Penn West Energy Petroleum Ltd buyer in Q4 2015 was FrontFour Capital Group, an estimated $12.5M added.
- The largest Penn West Energy Petroleum Ltd seller in Q4 2015 was Royal Bank of Canada, an estimated $8.28M sold.
Based on aggregated 13F filings for Q4 2015.