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PWE

Penn West Energy Petroleum Ltd
PWE

Delisted

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

221 hedge funds and large institutions have $1.31B invested in Penn West Energy Petroleum Ltd in 2014 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 72 increasing their positions, 77 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more call options, than puts

Call options by funds: $24.5M | Put options by funds: $19.2M

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

6% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 77

3% less funds holding

Funds holding: 229221 (-8)

19% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 36

33% less capital invested

Capital invested by funds: $1.95B → $1.31B (-$636M)

Holders
221
Holders Change
-8
Holders Change %
-3.49%
% of All Funds
6.41%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.15%
New
29
Increased
72
Reduced
77
Closed
36
Calls
$24.5M
Puts
$19.2M
Net Calls
+$5.29M
Net Calls Change
-$9.97M
Name Holding Trade Value Shares
Change
Change in
Stake
First Eagle Investment Management
1
First Eagle Investment Management
New York
$241M -$11.2M -1,414,253 -4%
CIBC Asset Management
2
CIBC Asset Management
Ontario, Canada
$142M +$41M +5,185,052 +33%
Royal Bank of Canada
3
Royal Bank of Canada
Ontario, Canada
$116M -$4.61M -583,242 -3%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$65.7M -$9.03M -1,142,988 -11%
TD Asset Management
5
TD Asset Management
Ontario, Canada
$57.6M -$2.03M -256,956 -3%
MF
6
Magnetar Financial
Illinois
$51.1M -$8.31M -1,052,143 -12%
CIBC World Market
7
CIBC World Market
Ontario, Canada
$47M +$990K +125,342 +2%
GHF
8
Good Harbor Financial
Illinois
$46.4M +$17.4M +2,197,454 +47%
Toronto Dominion Bank
9
Toronto Dominion Bank
Ontario, Canada
$40.5M -$1.36M -172,242 -3%
Norges Bank
10
Norges Bank
Norway
$32.7M -$34.8M -4,400,835 -48%
DRZID
11
DePrince Race & Zollo Inc (DRZ)
Florida
$23.8M +$347K +43,867 +1%
Bank of Nova Scotia
12
Bank of Nova Scotia
Ontario, Canada
$20M +$7.78M +984,383 +50%
IGIM
13
I.G. Investment Management
Manitoba, Canada
$19.3M +$5.17M +654,562 +30%
FCG
14
FrontFour Capital Group
Connecticut
$18.6M
Legal & General Group
15
Legal & General Group
United Kingdom
$16.9M +$700K +88,548 +4%
GC
16
Guggenheim Capital
Illinois
$15.7M +$2.37M +300,480 +15%
Millennium Management
17
Millennium Management
New York
$14.5M +$12.2M +1,538,113 +251%
LM
18
Lincluden Management
Ontario, Canada
$13.8M +$12.6M +1,597,371 New
Morgan Stanley
19
Morgan Stanley
New York
$12.5M +$3.52M +445,878 +32%
Public Sector Pension Investment Board (PSP Investments)
20
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$11.7M -$1.85M -233,600 -12%
CS
21
Credit Suisse
Switzerland
$11.6M +$2.3M +290,469 +20%
Arrowstreet Capital
22
Arrowstreet Capital
Massachusetts
$11.3M -$8.39M -1,062,038 -39%
PCM
23
Proxima Capital Management
New York
$11.1M +$13M +1,650,000 New
IIM
24
Intact Investment Management
Quebec, Canada
$10.4M +$390K +49,400 +4%
UBS AM
25
UBS AM
Illinois
$10.4M +$2.37M +300,484 +24%

PWE Hedge Fund Activity: Q3 2014 in Review

221 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Penn West Energy Petroleum Ltd (PWE) for Q3 2014, worth a combined $1.31B — down 33% from $1.95B a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of PWE and 29 opened new positions — a net loss of 7 holders — while 77 trimmed existing stakes and 72 added.

The largest buyer was CIBC Asset Management, adding an estimated $41M. The largest seller was Edge Asset Management, exiting entirely with an estimated $70M sold.

  • 221 institutional investors held Penn West Energy Petroleum Ltd (PWE) as of Q3 2014, down from 229 in Q2 2014.
  • Funds reported $1.31B of Penn West Energy Petroleum Ltd stock for Q3 2014, down 33% quarter-over-quarter.
  • 29 funds opened new Penn West Energy Petroleum Ltd positions in Q3 2014 and 36 closed out, a net change of -7 holders.
  • The largest Penn West Energy Petroleum Ltd buyer in Q3 2014 was CIBC Asset Management, an estimated $41M added.
  • The largest Penn West Energy Petroleum Ltd seller in Q3 2014 was Edge Asset Management, an estimated $70M sold.

Based on aggregated 13F filings for Q3 2014.