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PWE

Penn West Energy Petroleum Ltd
PWE

Delisted

PWE was delisted on the 28th of June, 2017.

225 hedge funds and large institutions have $1.59B invested in Penn West Energy Petroleum Ltd in 2014 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 91 increasing their positions, 68 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more call options, than puts

Call options by funds: $26.5M | Put options by funds: $12.1M

34% more repeat investments, than reductions

Existing positions increased: 91 | Existing positions reduced: 68

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

4% less capital invested

Capital invested by funds: $1.67B → $1.59B (-$74.7M)

5% less funds holding

Funds holding: 238225 (-13)

33% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 36

Holders
225
Holders Change
-13
Holders Change %
-5.46%
% of All Funds
6.5%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
24
Increased
91
Reduced
68
Closed
36
Calls
$26.5M
Puts
$12.1M
Net Calls
+$14.4M
Net Calls Change
-$5.09M
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$307M -$2.63M -324,890 -0.9%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$148M -$6.07M -751,292 -4%
CIBC Asset Management
3
CIBC Asset Management
Ontario, Canada
$137M +$26M +3,220,332 +24%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$87.1M -$121K -14,974 -0.1%
MF
5
Magnetar Financial
Illinois
$71.2M +$7.23M +894,903 +12%
TD Asset Management
6
TD Asset Management
Ontario, Canada
$70.1M +$1.95M +241,249 +3%
EAM
7
Edge Asset Management
Washington
$60.3M -$121K -15,013 -0.2%
CIBC World Market
8
CIBC World Market
Ontario, Canada
$57.6M -$1.08M -133,314 -2%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$51.8M -$1.34M -165,288 -3%
Norges Bank
10
Norges Bank
Norway
$33.4M +$2.48M +306,957 +8%
DRZID
11
DePrince Race & Zollo Inc (DRZ)
Florida
$30M +$334K +41,360 +1%
GHF
12
Good Harbor Financial
Illinois
$25.4M +$14.1M +1,748,662 +135%
FCG
13
FrontFour Capital Group
Connecticut
$21.2M +$370K +45,800 +2%
Legal & General Group
14
Legal & General Group
United Kingdom
$20.2M +$536K +66,310 +3%
GC
15
Guggenheim Capital
Illinois
$19.4M +$537K +66,437 +3%
Credit Agricole
16
Credit Agricole
France
$18.3M +$830K +102,757 +5%
Mawer Investment Management
17
Mawer Investment Management
Alberta, Canada
$17.4M -$9.94M -1,229,523 -37%
Bank of Nova Scotia
18
Bank of Nova Scotia
Ontario, Canada
$16.6M -$120K -14,800 -0.7%
Public Sector Pension Investment Board (PSP Investments)
19
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$16.5M +$188K +23,200 +1%
Deutsche Bank
20
Deutsche Bank
Germany
$15.4M +$11.2M +1,386,492 +307%
IGIM
21
I.G. Investment Management
Manitoba, Canada
$14.9M -$1.41M -174,198 -9%
IIM
22
Intact Investment Management
Quebec, Canada
$13.8M +$4.27M +528,900 +55%
Swiss National Bank
23
Swiss National Bank
Switzerland
$13.1M -$50.1K -6,200 -0.4%
Millennium Management
24
Millennium Management
New York
$12.9M +$11.3M +1,403,365 +1,018%
Renaissance Technologies
25
Renaissance Technologies
New York
$12.2M +$11.8M +1,457,303 New

PWE Hedge Fund Activity: Q1 2014 in Review

225 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Penn West Energy Petroleum Ltd (PWE) for Q1 2014, worth a combined $1.59B — down 4.5% from $1.67B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of PWE and 24 opened new positions — a net loss of 12 holders — while 68 trimmed existing stakes and 91 added.

The largest buyer was CIBC Asset Management, adding an estimated $26M. The largest seller was Mason Capital Management, exiting entirely with an estimated $58.1M sold.

  • 225 institutional investors held Penn West Energy Petroleum Ltd (PWE) as of Q1 2014, down from 238 in Q4 2013.
  • Funds reported $1.59B of Penn West Energy Petroleum Ltd stock for Q1 2014, down 4.5% quarter-over-quarter.
  • 24 funds opened new Penn West Energy Petroleum Ltd positions in Q1 2014 and 36 closed out, a net change of -12 holders.
  • The largest Penn West Energy Petroleum Ltd buyer in Q1 2014 was CIBC Asset Management, an estimated $26M added.
  • The largest Penn West Energy Petroleum Ltd seller in Q1 2014 was Mason Capital Management, an estimated $58.1M sold.

Based on aggregated 13F filings for Q1 2014.