Vault-13

BAYTEX ENERGY CORP BTE

COM · Common Stock · CUSIP 07317Q105

186 institutional holders +8 vs Q1 2026
394,578,322394.6m shares reported held*
$1.6bnreported value*
34 new 62 added 63 reduced 25 sold out net bought ≈ $76.3m (+19.1m 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $4.03. Options: 7 managers hold calls ($3.8m notional), 7 hold puts ($575.0k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 2Q4 22: 3Q1 23: 105Q2 23: 192Q3 23: 183Q4 23: 170Q1 24: 169Q2 24: 169Q3 24: 166Q4 24: 156Q1 25: 154Q2 25: 143Q3 25: 135Q4 25: 150Q1 26: 178Q2 26: 186186Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20222
Q4 20223
Q1 2023105
Q2 2023192
Q3 2023183
Q4 2023170
Q1 2024169
Q2 2024169
Q3 2024166
Q4 2024156
Q1 2025154
Q2 2025143
Q3 2025135
Q4 2025150
Q1 2026178
Q2 2026186

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 24: 64 bought or addedQ3 24: 81 cut or sold outQ4 24: 60 bought or addedQ4 24: 82 cut or sold outQ4 24Q1 25: 82 bought or addedQ1 25: 56 cut or sold outQ2 25: 60 bought or addedQ2 25: 75 cut or sold outQ2 25Q3 25: 56 bought or addedQ3 25: 67 cut or sold outQ4 25: 81 bought or addedQ4 25: 60 cut or sold outQ4 25Q1 26: 105 bought or addedQ1 26: 59 cut or sold outQ2 26: 96 bought or addedQ2 26: 88 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20246481
Q4 20246082
Q1 20258256
Q2 20256075
Q3 20255667
Q4 20258160
Q1 202610559
Q2 20269688

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 25 calls: $2.0mQ3 25 puts: $4.8mQ3 25P/C 2.37Q4 25 calls: $8.1mQ4 25 puts: $1.9mQ4 25P/C 0.23Q1 26 calls: $7.3mQ1 26 puts: $1.4mQ1 26P/C 0.19Q2 26 calls: $3.8mQ2 26 puts: $575.0kQ2 26P/C 0.15
Numbers
QuarterCallsPutsP/C
Q3 2025$2.0m$4.8m2.37
Q4 2025$8.1m$1.9m0.23
Q1 2026$7.3m$1.4m0.19
Q2 2026$3.8m$575.0k0.15

Biggest buyers

Ninepoint Partners LP New +17,000,000+17.0m
Connor, Clark & Lunn Investment Management Ltd. Added +9,351,178+9.4m
ROYAL BANK OF CANADA Added +7,785,415+7.8m
FIL Ltd New +6,500,000+6.5m
TWO SIGMA INVESTMENTS, LP Added +4,546,939+4.5m
TORONTO DOMINION BANK Added +3,747,137+3.7m
Webs Creek Capital Management LP Added +3,526,048+3.5m
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO Added +3,508,442+3.5m
JPMORGAN CHASE & CO Added +2,725,252+2.7m
JANE STREET GROUP, LLC Added +2,719,044+2.7m

Biggest sellers

Encompass Capital Advisors LLC Sold out -20,071,614-20.1m
Juniper Capital Advisors, L.P. Reduced -18,314,619-18.3m
MILLENNIUM MANAGEMENT LLC Reduced -6,980,184-7.0m
NATIONAL BANK OF CANADA /FI/ Reduced -4,349,745-4.3m
INTACT INVESTMENT MANAGEMENT INC. Reduced -3,978,800-4.0m
Nuveen, LLC Reduced -3,400,130-3.4m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -3,398,637-3.4m
HITE Hedge Asset Management LLC Sold out -2,327,328-2.3m
CIBC WORLD MARKET INC. Reduced -2,249,569-2.2m
Thomist Capital Management, LP Sold out -1,885,306-1.9m

Biggest calls

NATIONAL BANK OF CANADA /FI/ Reduced $1.6m4.0k shares
SIG North Trading, ULC Reduced $968.0k242.0k shares
JANE STREET GROUP, LLC Reduced $460.8k115.2k shares
GROUP ONE TRADING LLC Added $404.8k101.2k shares
SIMPLEX TRADING, LLC Added $164.8k41.2k shares
TORONTO DOMINION BANK Added $148.3k37.0k shares
ROYAL BANK OF CANADA New $40.0k10.0k shares

Biggest puts

SIG North Trading, ULC Reduced $238.4k59.6k shares
NATIONAL BANK OF CANADA /FI/ Reduced $86.2k215 shares
ROYAL BANK OF CANADA Reduced $80.0k20.0k shares
JANE STREET GROUP, LLC Added $74.0k18.5k shares
IMC-Chicago, LLC New $45.6k11.4k shares
SIMPLEX TRADING, LLC Reduced $29.2k7.3k shares
GROUP ONE TRADING LLC Reduced $21.6k5.4k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

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
Connor, Clark & Lunn Investment Management Ltd. 13G · institution +1.3 pts · filed 2026-07-30 6.8% +1.3 pts 49.1m≈ $196.5m 2026-07-30

Fell to 5% or below in the last year: Juniper Capital III GP, L.P. (4.4%, 2026-07-14)

Insider purchases and sales since 1 Apr 2026

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 since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Connor, Clark & Lunn Investment Management Ltd. 0.37% of their portfolio VANCOUVER, A1 49,180,55149.2m $197.1m $197.1m 0.37% Added +9.4m +9,351,178
2 Juniper Capital Advisors, L.P. 57.62% of their portfolio Houston, TX 31,387,27631.4m $125.5m $125.5m 57.62% Reduced -18.3m -18,314,619
3 D. E. Shaw & Co., Inc. 0.06% of their portfolio New York, NY 24,534,83424.5m $98.2m $98.2m 0.06% Added +2.0m +1,962,896
4 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 18,963,35019.0m $76.1m $76.1m 0.00% Reduced -782.7k -782,699
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.03% of their portfolio BOSTON, MA 18,604,48118.6m $74.5m $74.5m 0.03% Reduced -3.4m -3,398,637
6 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 18,151,89718.2m $72.8m $72.8m 0.03% Added +883.7k +883,677
7 Ninepoint Partners LP 6.06% of their portfolio TORONTO, A6 17,000,00017.0m $68.0m $68.0m 6.06% New
8 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 15,748,52115.7m $63.0m $63.0m 0.01% Added +7.8m +7,785,415
9 TD Asset Management Inc 0.05% of their portfolio Toronto, A6 15,093,41515.1m $60.5m $60.5m 0.05% Added +1.6m +1,603,521
10 Webs Creek Capital Management LP 9.68% of their portfolio DALLAS, TX 12,771,50612.8m $51.1m $51.1m 9.68% Added +3.5m +3,526,048
11 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 12,759,52112.8m $51.0m $51.0m 0.01% Added +2.0m +2,045,040
12 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 11,691,40211.7m $46.8m $46.8m 0.03% Added +2.7m +2,719,044
13 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 10,498,89510.5m $46.9m $46.9m 0.02% Added +292.8k +292,750
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,092,6619.1m $36.4m $36.4m 0.00% Added +2.1m +2,089,444
15 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 8,146,1718.1m $32.6m $32.6m 0.01% Added +2.2m +2,175,891
16 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 7,281,9007.3m $29.1m $29.1m 0.04% Added +1.8m +1,810,100
17 FIL Ltd 0.02% of their portfolio HAMILTON, D0 6,500,0006.5m $26.1m $26.1m 0.02% New
18 JUPITER ASSET MANAGEMENT LTD 0.12% of their portfolio London, X0 5,958,4296.0m $23.9m $23.9m 0.12% Added +2.6m +2,648,344
19 VANGUARD FIDUCIARY TRUST CO 0.01% of their portfolio MALVERN, PA 5,776,2185.8m $23.2m $23.2m 0.01% Reduced -260.7k -260,703
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 5,011,0625.0m $20.0m $20.0m 0.00% Added +1.5m +1,549,401
21 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 4,703,0394.7m $18.8m $18.8m 0.01% Added +4.5m +4,546,939
22 STATE OF WISCONSIN INVESTMENT BOARD 0.04% of their portfolio MADISON, WI 4,640,6424.6m $18.6m $18.6m 0.04% Reduced -12.8k -12,759
23 TORONTO DOMINION BANK 0.03% of their portfolio TORONTO, ONTARIO, A6 4,616,9884.6m $18.5m $18.5m 0.03% Added +3.7m +3,747,137
24 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,158,2404.2m $16.6m $16.6m 0.00% Added +999.7k +999,712
25 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.05% of their portfolio COLUMBUS, OH 3,874,3583.9m $15.5m $15.5m 0.05% Added +3.5m +3,508,442
26 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 3,526,4923.5m $14.1m $14.1m 0.01% Reduced -827.0k -827,038
27 PCJ Investment Counsel Ltd. 3.84% of their portfolio TORONTO, A6 3,334,8283.3m $13.4m $13.4m 3.84% Added +528.8k +528,835
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 3,182,0013.2m $12.8m $12.8m 0.00% Reduced -357.9k -357,926
29 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio Los Angeles, CA 2,848,4832.8m $11.4m $11.4m 0.03% Reduced -28.8k -28,780
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,767,8302.8m $11.1m $11.1m 0.00% Added +2.7m +2,725,252
31 INTACT INVESTMENT MANAGEMENT INC. 0.29% of their portfolio MONTREAL, A8 2,527,5002.5m $10.1m $10.1m 0.29% Reduced -4.0m -3,978,800
32 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 2,355,6652.4m $9.4m $9.4m 0.02% Reduced -2.2m -2,249,569
33 Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio Boston, MA 2,238,8122.2m $9.0m $9.0m 0.02% Added +935.5k +935,512
34 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 2,187,8952.2m $12.4m $12.4m 0.01% Added +1.8m +1,750,629
35 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 2,181,4752.2m $8.8m $8.8m 0.00% Added +21.5k +21,523
36 Hartree Partners, LP 1.85% of their portfolio NEW YORK, NY 2,150,0002.1m $8.6m $8.6m 1.85% Added +1.1m +1,150,000
37 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 2,107,3552.1m $8.4m $8.4m 0.01% Reduced -7.0m -6,980,184
38 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 2,089,7632.1m $8.4m $8.4m 0.01% Added +1.9m +1,880,074
39 Vontobel Holding Ltd. 0.03% of their portfolio ZURICH, V8 1,882,0001.9m $7.5m $7.5m 0.03% Reduced -148.0k -148,000
40 SCOTIA CAPITAL INC. 0.03% of their portfolio TORONTO, A6 1,682,1901.7m $6.7m $6.7m 0.03% Reduced -188.3k -188,291
41 PICTON MAHONEY ASSET MANAGEMENT 0.06% of their portfolio Toronto, A6 1,657,9861.7m $6.6m $6.6m 0.06% New
42 Bridgewater Associates, LP 0.03% of their portfolio Westport, CT 1,620,4301.6m $6.5m $6.5m 0.03% Reduced -18.2k -18,240
43 Swiss National Bank 0.00% of their portfolio ZURICH, V8 1,268,6881.3m $5.1m $5.1m 0.00% Reduced -100.8k -100,800
44 Federation des caisses Desjardins du Quebec 0.02% of their portfolio LEVIS, A8 1,241,1561.2m $5.0m $5.0m 0.02% Reduced -111.3k -111,302
45 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 1,240,2851.2m $5.0m $5.0m 0.01% Added +944.3k +944,332
46 Man Group plc 0.01% of their portfolio LONDON, X0 1,205,3791.2m $4.8m $4.8m 0.01% Reduced -1.5m -1,488,251
47 PDT Partners, LLC 0.24% of their portfolio New York, NY 1,132,9261.1m $4.5m $4.5m 0.24% New
48 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 950,620950.6k $3.8m $3.8m 0.01% New
49 CoreCommodity Management, LLC 0.73% of their portfolio STAMFORD, CT 921,077921.1k $3.7m $3.7m 0.73% Added +908.3k +908,277
50 Gotham Asset Management, LLC 0.01% of their portfolio NEW YORK, NY 889,247889.2k $3.6m $3.6m 0.01% Added +482.3k +482,261
51 Vident Advisory, LLC 0.02% of their portfolio Alpharetta, GA 807,936807.9k $3.2m $3.2m 0.02% Added +174.5k +174,465
52 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.02% of their portfolio VICTORIA, A1 775,503775.5k $3.1m $3.1m 0.02% Added +216.3k +216,297
53 SIG North Trading, ULC 0.55% of their portfolio Bala Cynwyd, PA 758,706758.7k $3.0m $3.0m 0.55% Added +439.5k +439,546
54 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 722,219722.2k $2.9m $2.9m 0.00% Added +722.2k +722,189
55 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 678,832678.8k $2.7m $2.7m 0.00% Added +142.2k +142,243
56 CIBC Asset Management Inc 0.01% of their portfolio TORONTO, Z4 640,755640.8k $2.6m $2.6m 0.01% Added +11.4k +11,425
57 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 627,485627.5k $2.5m $2.5m 0.02% New
58 Legal & General Group Plc 0.00% of their portfolio London, X0 562,746562.7k $2.3m $2.3m 0.00% Reduced -48.4k -48,419
59 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 562,496562.5k $2.3m $2.3m 0.00% Reduced -24.7k -24,659
60 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 559,033559.0k $2.2m $2.2m 0.00% Reduced -4.3m -4,349,745
61 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 554,331554.3k $2.2m $2.2m 0.01% Added +133.2k +133,241
62 Mariner, LLC 0.00% of their portfolio Overland Park, KS 553,008553.0k $2.2m $2.2m 0.00% Reduced -32.1k -32,060
63 VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio London, EC4N 8AF, X0 520,046520.0k $2.1m $2.1m 0.00% Reduced -48.8k -48,833
64 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 499,447499.4k $2.0m $2.0m 0.00% Added +1.7k +1,726
65 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 467,807467.8k $1.9m $1.9m 0.00% Reduced -3.4m -3,400,130
66 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 430,461430.5k $1.7m $1.7m 0.00% Reduced -32.2k -32,224
67 BTG Pactual Asset Management US LLC 0.13% of their portfolio NEW YORK, NY 420,130420.1k $1.7m $1.7m 0.13% New
68 Penbrook Management LLC 1.02% of their portfolio NEW YORK, NY 399,350399.4k $1.6m $1.6m 1.02% New
69 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 355,032355.0k $1.4m $1.4m 0.00% Added +201.4k +201,365
70 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 346,935346.9k $1.4m $1.4m 0.00% Reduced -340.9k -340,869
71 Engineers Gate Manager LP 0.02% of their portfolio NEW YORK, NY 312,576312.6k $1.3m $1.3m 0.02% New
72 PRUDENTIAL PLC 0.01% of their portfolio LONDON, X0 304,690304.7k $1.2m $1.2m 0.01% New
73 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 275,721275.7k $1.1m $1.1m 0.00% Unchanged
74 Spark Investment Management LLC 2.03% of their portfolio NEW YORK, NY 259,000259.0k $1.0m $1.0m 2.03% New
75 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 253,019253.0k $1.0m $1.0m 0.00% Added +60.0k +59,954
76 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 245,673245.7k $985.0k $985.0k 0.00% Unchanged
77 PenderFund Capital Management Ltd. 0.12% of their portfolio VANCOUVER, A1 242,300242.3k $972.1k $972.1k 0.12% New
78 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 235,765235.8k $943.1k $943.1k 0.01% Added +32.2k +32,158
79 Aquatic Capital Management LLC 0.03% of their portfolio CHICAGO, IL 231,248231.2k $925.0k $925.0k 0.03% Reduced -648.6k -648,604
80 Tidal Investments LLC 0.00% of their portfolio Milwaukee, WI 229,181229.2k $916.7k $916.7k 0.00% Added +58.5k +58,522
81 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 206,200206.2k $824.8k $824.8k 0.01% Reduced -129.6k -129,592
82 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 201,836201.8k $807.3k $807.3k 0.00% Reduced -174.7k -174,683
83 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 200,936200.9k $803.7k $803.7k 0.01% Reduced -452.4k -452,351
84 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 200,296200.3k $801.2k $801.2k 0.00% Reduced -544.1k -544,134
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 190,217190.2k $760.9k $760.9k 0.00% Added +104.3k +104,301
86 BANK OF NOVA SCOTIA 0.00% of their portfolio TORONTO, A6 182,686182.7k $732.9k $732.9k 0.00% Reduced -57.3k -57,300
87 Concentric Capital Strategies, LP 0.04% of their portfolio Stamford, CT 177,441177.4k $709.8k $709.8k 0.04% New
88 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 175,420175.4k $703.1k $703.1k 0.00% Unchanged
89 Vanguard Investments Australia, Ltd. 0.00% of their portfolio Victoria, C3 173,885173.9k $697.6k $697.6k 0.00% Unchanged
90 Northwest & Ethical Investments L.P. 0.02% of their portfolio TORONTO, A6 166,864166.9k $668.5k $668.5k 0.02% Added +85.2k +85,239
91 VAN DEN BERG MANAGEMENT I, INC 0.14% of their portfolio AUSTIN, TX 164,777164.8k $659.1k $659.1k 0.14% Reduced -1.2k -1,250
92 BlackRock, Inc. 0.00% of their portfolio New York, NY 142,260142.3k $569.0k $569.0k 0.00% Reduced -26.8k -26,822
93 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 134,587134.6k $538.3k $538.3k 0.00% New
94 TWO SIGMA SECURITIES, LLC 0.04% of their portfolio NEW YORK, NY 130,363130.4k $521.5k $521.5k 0.04% New
95 Pictet Asset Management Holding SA 0.00% of their portfolio CAROUGE, V8 117,235117.2k $470.2k $470.2k 0.00% Reduced -30.7k -30,660
96 Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio TOKYO, M0 105,800105.8k $424.1k $424.1k 0.00% Reduced -25.1k -25,100
97 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 103,800103.8k $415.9k $415.9k 0.00% Reduced -50.6k -50,650
98 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 101,108101.1k $394.8k $394.8k 0.00% Reduced -144.4k -144,383
99 Headlands Technologies LLC 0.04% of their portfolio CHICAGO, IL 100,570100.6k $402.3k $402.3k 0.04% Added +81.8k +81,821
100 MH & ASSOCIATES SECURITIES MANAGEMENT CORP /ADV 0.36% of their portfolio CARLSBAD, CA 99,56999.6k $398.3k $398.3k 0.36% Unchanged