Vault-13

BATTALION OIL CORP BATL

COM · Common Stock · CUSIP 07134L107

38 institutional holders -5 vs Q1 2024
13,314,73513.3m shares reported held*
80.9% of all shares outstanding*
$44.5mreported value*
1 new 5 added 17 reduced 5 sold out net sold ≈ $1.8m (-551.1k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 16.5m as of 2024-08-08, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $3.34.

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 43Q4 22: 45Q1 23: 47Q2 23: 37Q3 23: 37Q4 23: 41Q1 24: 43Q2 24: 3838Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 202243
Q4 202245
Q1 202347
Q2 202337
Q3 202337
Q4 202341
Q1 202443
Q2 202438

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 20 bought or addedQ4 22: 12 cut or sold outQ4 22Q1 23: 22 bought or addedQ1 23: 11 cut or sold outQ2 23: 8 bought or addedQ2 23: 29 cut or sold outQ2 23Q3 23: 7 bought or addedQ3 23: 12 cut or sold outQ4 23: 19 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 21 bought or addedQ1 24: 16 cut or sold outQ2 24: 6 bought or addedQ2 24: 22 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20222012
Q1 20232211
Q2 2023829
Q3 2023712
Q4 20231917
Q1 20242116
Q2 2024622

Biggest buyers

CM Management, LLC Added +10,000+10.0k
Crystalline Management Inc. Added +3,176+3.2k
Tower Research Capital LLC (TRC) Added +1,782+1.8k
SUMMIT SECURITIES GROUP LLC Added +500+500
ROYAL BANK OF CANADA Added +88+88
JPMORGAN CHASE & CO New +56+56

Biggest sellers

MORGAN STANLEY Reduced -264,005-264.0k
EHP Funds Inc. Sold out -84,521-84.5k
Skandinaviska Enskilda Banken AB (publ) Sold out -52,672-52.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -43,759-43.8k
CSS LLC/IL Sold out -27,570-27.6k
Alpine Global Management, LLC Reduced -21,781-21.8k
Yakira Capital Management, Inc. Reduced -20,175-20.2k
Dynamic Technology Lab Private Ltd Reduced -14,720-14.7k
Lion Point Capital, LP Reduced -12,503-12.5k
Qube Research & Technologies Ltd Reduced -9,063-9.1k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
LUMINUS MANAGEMENT LLC 13D · may seek influence -4.1 pts · filed 2026-05-22
Stated purposeAs previously disclosed, March 24, 2026, the Master Fund effected a distribution in kind of 5,200,000 shares (the "Shares") of common stock of the Issuer in the aggregate to: (i) its two feeder funds, Luminus Energy Partners QP, LP, a Delaware limited partnership ("LEP Onshore"), which received 2,117,138 Shares, and LEP Offshore (through LILP, an intermediary entity which received 2,641,190 Shares); and (ii) two affiliates that have economic interests in the Master Fund, namely LCP Onshore, which received 391,694 Shares, and LCP Offshore, which received 91,930 Shares. Each of the Funds had issued illiquid certificates to their respective investors on April 1, 2020. In connection with the distribution in kind, the Manager planned to distribute 5,200,000 shares of common stock. As Certifica… Full filing
 39.3% -4.1 pts 13.6m≈ $17.8m 2026-05-22
Brookfield Oaktree Holdings, LLC 13D · may seek influence filed 2026-08-17 19.4% 12.8m≈ $16.0m 2026-08-17
Gen IV Investment Opportunities, LLC 13D · may seek influence -9.1 pts · filed 2026-08-07
Stated purposeItem 4 of the Schedule 13D is amended to incorporate the information below: Preferred Stock Repurchase and Conversion Agreement. On August 7, 2026, Gen IV entered into the PSRCA with the Company for the purpose of effectuating (i) the Company's repurchase of 5,138 shares of Series A Preferred Stock and 6,578.11 shares of Series A-1 Preferred Stock from Gen IV for the Purchase Price; and (ii) the conversion of 1,868 shares of Series A-1 Preferred Stock, 6,630 shares of Series A-2 Preferred Stock, 3,789 shares of Series A-3 Preferred Stock, and 3,789 shares of Series A-4 Preferred Stock into an aggregate of 3,494,258 shares of Common Stock. Following the closing of the PSRCA, Gen IV no longer holds any Preferred Stock of the Company and its beneficial ownership of the Company consists solel… Full filing
 14.1% -9.1 pts 3.5m 2026-08-07

Fell to 5% or below in the last year: Alyeska Investment Group, L.P. (0.0%, 2026-08-14), Blackstone Holdings II L.P. (0.0%, 2026-04-01), Diveroli Investment Group LLC (0.0%, 2026-01-27)

Insider purchases and sales in Q2 2024

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LUMINUS MANAGEMENT LLC 13.37% of their portfolio HOUSTON, TX 6,151,4486.2m $20.5m $20.5m 13.37% Unchanged
2 OAKTREE CAPITAL MANAGEMENT LP 0.17% of their portfolio LOS ANGELES, CA 3,009,9123.0m $10.1m $10.1m 0.17% Unchanged
3 LSP Investment Advisors, LLC 4.50% of their portfolio New York, NY 2,369,7692.4m $7.9m $7.9m 4.50% Unchanged
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 283,220283.2k $946.0k $946.0k 0.00% Unchanged
5 LOOMIS SAYLES & CO L P 0.00% of their portfolio BOSTON, MA 257,143257.1k $859.0k $859.0k 0.00% Reduced -3.3k -3,318
6 Dynamic Technology Lab Private Ltd 0.06% of their portfolio SINGAPORE, U0 166,268166.3k $555.0k $555.0k 0.06% Reduced -14.7k -14,720
7 CM Management, LLC 0.43% of their portfolio GULF BREEZE, FL 140,000140.0k $467.6k $467.6k 0.43% Added +10.0k +10,000
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 132,001132.0k $440.9k $440.9k 0.00% Reduced -264.0k -264,005
9 Virtu Financial LLC 0.02% of their portfolio New York, NY 107,079107.1k $358.0k $358.0k 0.02% Reduced -421 -421
10 Crystalline Management Inc. 0.39% of their portfolio Montreal, Quebec, Z4 100,051100.1k $334.2k $334.2k 0.39% Added +3.2k +3,176
11 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 94,80094.8k $316.6k $316.6k 0.00% Unchanged
12 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 86,85386.9k $290.1k $290.1k 0.00% Reduced -42 -42
13 Yakira Capital Management, Inc. 0.08% of their portfolio Westport, CT 63,61363.6k $212.5k $212.5k 0.08% Reduced -20.2k -20,175
14 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 62,89762.9k $210.1k $210.1k 0.00% Reduced -9.1k -9,063
15 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.00% of their portfolio HOUSTON, TX 60,59360.6k $202.4k $202.4k 0.00% Unchanged
16 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 36,83236.8k $123.0k $123.0k 0.00% Reduced -43.8k -43,759
17 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 35,25635.3k $117.8k $117.8k 0.00% Unchanged
18 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 34,57534.6k $115.7k $115.7k 0.00% Reduced -4.2k -4,157
19 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 33,00933.0k $110.2k $110.2k 0.00% Reduced -1.8k -1,783
20 Alpine Global Management, LLC 0.02% of their portfolio NEW YORK, NY 28,21928.2k $94.3k $94.3k 0.02% Reduced -21.8k -21,781
21 RBF Capital, LLC 0.00% of their portfolio RENO, NV 20,00020.0k $66.8k $66.8k 0.00% Unchanged
22 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 12,21212.2k $40.8k $40.8k 0.00% Unchanged
23 BlackRock Inc. 0.00% of their portfolio New York, NY 8,6798.7k $29.0k $29.0k 0.00% Reduced -124 -124
24 Lion Point Capital, LP 0.08% of their portfolio NEW YORK, NY 7,4237.4k $24.8k $24.8k 0.08% Reduced -12.5k -12,503
25 Vestcor Inc 0.00% of their portfolio FREDERICTON, A3 4,0384.0k $13.0k $13.0k 0.00% Reduced -5.7k -5,740
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 3,4083.4k $11.0k $11.0k 0.00% Added +88 +88
27 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 3,0843.1k $10.3k $10.3k 0.00% Added +1.8k +1,782
28 SUMMIT SECURITIES GROUP LLC 0.00% of their portfolio NEW YORK, NY 1,5001.5k $5.0k $5.0k 0.00% Added +500 +500
29 NYL Investors LLC 0.00% of their portfolio NEW YORK, NY 588588 $2.0k $2.0k 0.00% Unchanged
30 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 8787 $291 $291 0.00% Unchanged
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5656 $188 $188 0.00% New
32 UBS Group AG 0.00% of their portfolio ZURICH, V8 5151 $170 $170 0.00% Unchanged
33 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4747 $157 $157 0.00% Reduced -37 -37
34 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1010 $33 $33 0.00% Unchanged
35 Register Financial Advisors LLC 0.00% of their portfolio ATLANTA, GA 88 $27 $27 0.00% Reduced -9 -9
36 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 55 $17 $17 0.00% Reduced -7 -7
37 TrinityBridge Ltd 0.00% of their portfolio LONDON, X0 11 $0 $0 0.00% Unchanged
38 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged