Vault-13

BAYTEX ENERGY CORP BTE

COM · Common Stock · CUSIP 07317Q105

192 institutional holders +87 vs Q1 2023
176,931,587176.9m shares reported held*
$577.4mreported value*
97 new 66 added 12 reduced 10 sold out net bought ≈ $188.6m (+57.9m 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 ($5.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $3.26. Options: 6 managers hold calls ($1.3m notional), 6 hold puts ($2.5m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 2Q4 22: 3Q1 23: 105Q2 23: 192192Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 20222
Q4 20223
Q1 2023105
Q2 2023192

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 1 bought or addedQ4 22: 2 cut or sold outQ4 22Q1 23: 104 bought or addedQ1 23: 0 cut or sold outQ1 23Q2 23: 163 bought or addedQ2 23: 22 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202212
Q1 20231040
Q2 202316322

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $756.8kQ1 23 puts: $3.3mQ1 23P/C 4.37Q2 23 calls: $1.3mQ2 23 puts: $2.5mQ2 23P/C 1.95
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$756.8k$3.3m4.37
Q2 2023$1.3m$2.5m1.95

Biggest buyers

JANE STREET GROUP, LLC Added +7,902,789+7.9m
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC New +5,683,710+5.7m
VANGUARD GROUP INC Added +5,103,872+5.1m
MILLENNIUM MANAGEMENT LLC Added +4,964,216+5.0m
Thomist Capital Management, LP New +4,903,180+4.9m
SIR Capital Management, L.P. Added +3,834,726+3.8m
DIMENSIONAL FUND ADVISORS LP New +2,490,434+2.5m
Webs Creek Capital Management LP New +2,256,500+2.3m
WATER ISLAND CAPITAL LLC New +2,111,669+2.1m
AMERICAN CENTURY COMPANIES INC Added +2,095,889+2.1m

Biggest sellers

FMR LLC Reduced -5,299,391-5.3m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -3,958,698-4.0m
Verition Fund Management LLC Sold out -1,494,918-1.5m
Boussard & Gavaudan Investment Management LLP Sold out -871,138-871.1k
NATIONAL BANK OF CANADA /FI/ Reduced -804,971-805.0k
Connor, Clark & Lunn Investment Management Ltd. Reduced -621,681-621.7k
WEXFORD CAPITAL LP Sold out -581,985-582.0k
INTACT INVESTMENT MANAGEMENT INC. Reduced -517,600-517.6k
Russell Investments Group, Ltd. Reduced -206,665-206.7k
Timelo Investment Management Inc. Sold out -150,000-150.0k

Biggest calls

SIMPLEX TRADING, LLC New $412.0k126.5k shares
SIG North Trading, ULC Reduced $371.3k113.9k shares
CITADEL ADVISORS LLC New $366.3k112.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $103.7k31.8k shares
GROUP ONE TRADING LLC New $40.4k12.4k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $00 shares

Biggest puts

SIG North Trading, ULC Reduced $2.0m614.0k shares
GROUP ONE TRADING LLC New $202.8k62.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $178.6k54.8k shares
CITADEL ADVISORS LLC New $136.6k41.9k shares
SIMPLEX TRADING, LLC New $9.0k3.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $00 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 in Q2 2023

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 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Ninepoint Partners LP 16.96% of their portfolio TORONTO, A6 40,000,00040.0m $130.4m $130.4m 16.96% Added +2.0m +2,000,000
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 24,248,39424.2m $79.0m $79.0m 0.00% Added +5.1m +5,103,872
3 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 8,210,1438.2m $26.8m $26.8m 0.04% Added +7.9m +7,902,789
4 SIR Capital Management, L.P. 2.63% of their portfolio NEW YORK, NY 7,372,1267.4m $24.0m $24.0m 2.63% Added +3.8m +3,834,726
5 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 6,423,9046.4m $20.9m $20.9m 0.02% Added +5.0m +4,964,216
6 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.07% of their portfolio Los Angeles, CA 5,683,7105.7m $18.5m $18.5m 0.07% New
7 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 5,050,0185.1m $16.5m $16.5m 0.01% Added +2.1m +2,095,889
8 Thomist Capital Management, LP 10.03% of their portfolio Houston, TX 4,903,1804.9m $15.9m $15.9m 10.03% New
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,932,5253.9m $12.8m $12.8m 0.00% Added +864.7k +864,737
10 CIBC WORLD MARKET INC. 0.04% of their portfolio TORONTO, A6 3,910,3813.9m $12.7m $12.7m 0.04% Added +714.7k +714,713
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,841,9112.8m $9.3m $9.3m 0.00% Added +68.9k +68,909
12 Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio VANCOUVER, A1 2,721,2922.7m $8.9m $8.9m 0.04% Reduced -621.7k -621,681
13 FMR LLC 0.00% of their portfolio BOSTON, MA 2,657,8092.7m $8.7m $8.7m 0.00% Reduced -5.3m -5,299,391
14 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 2,516,1622.5m $8.2m $8.2m 0.00% Added +636.0k +636,030
15 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 2,490,4342.5m $8.1m $8.1m 0.00% New
16 Webs Creek Capital Management LP 5.08% of their portfolio DALLAS, TX 2,256,5002.3m $7.4m $7.4m 5.08% New
17 CoreCommodity Management, LLC 2.09% of their portfolio STAMFORD, CT 2,181,5002.2m $7.1m $7.1m 2.09% Added +761.6k +761,600
18 WATER ISLAND CAPITAL LLC 0.64% of their portfolio NEW YORK, NY 2,111,6692.1m $6.9m $6.9m 0.64% New
19 HRT FINANCIAL LP 0.06% of their portfolio NEW YORK, NY 2,024,2712.0m $6.6m $6.6m 0.06% New
20 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 1,960,5672.0m $6.4m $6.4m 0.01% Added +528.6k +528,603
21 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 1,842,7271.8m $6.0m $6.0m 0.04% Added +306.5k +306,504
22 Federation des caisses Desjardins du Quebec 0.06% of their portfolio LEVIS, A8 1,825,0361.8m $5.9m $5.9m 0.06% Reduced -23.2k -23,197
23 Swiss National Bank 0.00% of their portfolio ZURICH, V8 1,500,0881.5m $4.9m $4.9m 0.00% Added +308.6k +308,588
24 Quadrature Capital Ltd 0.11% of their portfolio LONDON, X0 1,497,9001.5m $4.9m $4.9m 0.11% Added +1.2m +1,198,100
25 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 1,479,1541.5m $4.8m $4.8m 0.00% Added +853.8k +853,792
26 ROYCE & ASSOCIATES LP 0.05% of their portfolio New York, NY 1,478,8381.5m $4.8m $4.8m 0.05% Added +145.0k +145,000
27 Public Sector Pension Investment Board 0.03% of their portfolio MONTREAL, A8 1,475,9181.5m $4.8m $4.8m 0.03% Added +332.9k +332,892
28 BANK OF NOVA SCOTIA 0.01% of their portfolio TORONTO, A6 1,349,7721.3m $4.4m $4.4m 0.01% Added +241.9k +241,889
29 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 1,339,4661.3m $4.4m $4.4m 0.01% Added +255.1k +255,066
30 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 1,324,3951.3m $4.3m $4.3m 0.00% New
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,319,5631.3m $4.3m $4.3m 0.00% Added +1.1m +1,074,514
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,318,3901.3m $4.3m $4.3m 0.00% Added +1.3m +1,282,228
33 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 1,247,0001.2m $4.1m $4.1m 0.02% New
34 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 1,211,3831.2m $3.9m $3.9m 0.01% Reduced -805.0k -804,971
35 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 1,195,7941.2m $3.9m $3.9m 0.01% New
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 1,158,3791.2m $3.8m $3.8m 0.01% New
37 CIBC Asset Management Inc 0.01% of their portfolio TORONTO, Z4 1,134,8421.1m $3.7m $3.7m 0.01% Added +2.6k +2,630
38 SIG North Trading, ULC 1.90% of their portfolio Bala Cynwyd, PA 1,070,5511.1m $3.5m $3.5m 1.90% Added +403.0k +403,020
39 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 1,051,7921.1m $3.4m $3.4m 0.00% Added +820.3k +820,314
40 Alberta Investment Management Corp 0.03% of their portfolio EDMONTON, A0 939,650939.6k $3.1m $3.1m 0.03% Added +561.8k +561,750
41 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 914,924914.9k $3.0m $3.0m 0.00% Reduced -4.3k -4,273
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 827,719827.7k $2.7m $2.7m 0.00% Added +752.9k +752,934
43 UBS Group AG 0.00% of their portfolio ZURICH, V8 820,352820.4k $2.7m $2.7m 0.00% Added +111.5k +111,483
44 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 692,429692.4k $2.3m $2.3m 0.00% Added +110.5k +110,500
45 KING LUTHER CAPITAL MANAGEMENT CORP 0.01% of their portfolio FORT WORTH, TX 675,043675.0k $2.2m $2.2m 0.01% New
46 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 647,700647.7k $2.1m $2.1m 0.00% New
47 Legal & General Group Plc 0.00% of their portfolio London, X0 625,472625.5k $2.0m $2.0m 0.00% Added +280.0k +280,028
48 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 567,825567.8k $1.9m $1.9m 0.00% Added +476.9k +476,925
49 MONTGOMERY INVESTMENT MANAGEMENT INC 0.57% of their portfolio ROCKVILLE, MD 520,677520.7k $1.7m $1.7m 0.57% New
50 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 517,417517.4k $2.2m $2.2m 0.00% Added +58.1k +58,099
51 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 501,097501.1k $1.6m $1.6m 0.00% Added +219.7k +219,697
52 ExodusPoint Capital Management, LP 0.02% of their portfolio NEW YORK, NY 473,573473.6k $1.5m $1.5m 0.02% New
53 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 447,712447.7k $1.5m $1.5m 0.00% New
54 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.01% of their portfolio VICTORIA, A1 378,170378.2k $1.2m $1.2m 0.01% Added +84.5k +84,473
55 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 375,500375.5k $1.2m $1.2m 0.00% Added +286.2k +286,200
56 BlackRock Inc. 0.00% of their portfolio New York, NY 320,073320.1k $1.0m $1.0m 0.00% New
57 INGALLS & SNYDER LLC 0.04% of their portfolio NEW YORK, NY 285,000285.0k $929.0k $929.0k 0.04% Unchanged
58 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 284,984285.0k $929.0k $929.0k 0.01% Added +237.2k +237,250
59 PORTLAND INVESTMENT COUNSEL INC. 0.45% of their portfolio BURLINGTON, A6 280,300280.3k $915.0k $915.0k 0.45% Unchanged
60 INTACT INVESTMENT MANAGEMENT INC. 0.04% of their portfolio MONTREAL, A8 279,100279.1k $910.2k $910.2k 0.04% Reduced -517.6k -517,600
61 1492 Capital Management LLC 0.47% of their portfolio MILWAUKEE, WI 246,971247.0k $805.1k $805.1k 0.47% New
62 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 240,102240.1k $782.0k $782.0k 0.02% New
63 Vontobel Holding Ltd. 0.01% of their portfolio ZURICH, V8 240,000240.0k $782.5k $782.5k 0.01% Unchanged
64 Polar Asset Management Partners Inc. 0.02% of their portfolio TORONTO, A6 235,000235.0k $767.2k $767.2k 0.02% Added +135.0k +135,000
65 CastleKnight Management LP 0.15% of their portfolio New York, NY 231,700231.7k $755.3k $755.3k 0.15% Unchanged
66 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 216,047216.0k $704.3k $704.3k 0.00% Reduced -13.4k -13,378
67 VAN DEN BERG MANAGEMENT I, INC 0.25% of their portfolio AUSTIN, TX 211,966212.0k $691.0k $691.0k 0.25% New
68 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 204,643204.6k $667.6k $667.6k 0.00% Added +51 +51
69 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 203,819203.8k $664.5k $664.5k 0.00% New
70 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 200,748200.7k $655.4k $655.4k 0.00% Reduced -206.7k -206,665
71 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 194,757194.8k $634.9k $634.9k 0.00% Added +194.8k +194,756
72 Wealthspire Retirement, LLC 0.11% of their portfolio ALISO VIEJO, CA 188,745188.7k $615.3k $615.3k 0.11% Added +3.7k +3,745
73 Cubist Systematic Strategies, LLC 0.01% of their portfolio STAMFORD, CT 184,766184.8k $602.3k $602.3k 0.01% Added +129.8k +129,766
74 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 182,284182.3k $594.2k $594.2k 0.00% New
75 GREAT LAKES ADVISORS, LLC 0.01% of their portfolio CHICAGO, IL 179,214179.2k $584.2k $584.2k 0.01% New
76 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 178,625178.6k $582.4k $582.4k 0.00% Added +97.4k +97,394
77 ADVISOR PARTNERS II, LLC 0.03% of their portfolio WALNUT CREEK, CA 171,779171.8k $560.0k $560.0k 0.03% New
78 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.02% of their portfolio BALA CYNWYD, PA 165,985166.0k $541.1k $541.1k 0.02% New
79 TWO SIGMA SECURITIES, LLC 0.04% of their portfolio NEW YORK, NY 151,492151.5k $493.9k $493.9k 0.04% New
80 Formidable Asset Management, LLC 0.11% of their portfolio CINCINNATI, OH 148,949148.9k $486.0k $486.0k 0.11% Added +87.4k +87,449
81 Quantedge Capital Pte Ltd 0.21% of their portfolio Singapore, U0 141,561141.6k $461.5k $461.5k 0.21% New
82 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 137,949137.9k $450.0k $450.0k 0.01% New
83 TD Waterhouse Canada Inc. 0.01% of their portfolio TORONTO, A6 134,298134.3k $585.4k $585.4k 0.01% Added +5.6k +5,606
84 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 131,705131.7k $429.4k $429.4k 0.01% Added +20.1k +20,091
85 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 124,459124.5k $405.7k $405.7k 0.01% Added +124.1k +124,081
86 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 120,386120.4k $392.5k $392.5k 0.00% New
87 Magnetar Financial LLC 0.01% of their portfolio EVANSTON, IL 109,303109.3k $356.3k $356.3k 0.01% New
88 PICTET ASSET MANAGEMENT SA 0.00% of their portfolio GENEVA 73, V8 103,789103.8k $338.8k $338.8k 0.00% Added +24.1k +24,092
89 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 97,40797.4k $317.5k $317.5k 0.00% New
90 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 95,64695.6k $311.8k $311.8k 0.00% New
91 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 89,61389.6k $292.6k $292.6k 0.00% Added +12.3k +12,302
92 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 88,12388.1k $287.0k $287.0k 0.00% New
93 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 87,95288.0k $286.7k $286.7k 0.00% Added +30.9k +30,852
94 Virtus Investment Advisers, LLC 0.19% of their portfolio HARTFORD, CT 87,52087.5k $285.3k $285.3k 0.19% New
95 Vanguard Personalized Indexing Management, LLC 0.01% of their portfolio OAKLAND, CA 85,21985.2k $277.8k $277.8k 0.01% New
96 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 83,39283.4k $271.9k $271.9k 0.00% Added +59.3k +59,320
97 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 79,40179.4k $319.4k $319.4k 0.00% Added +1.5k +1,537
98 Schonfeld Strategic Advisors LLC 0.00% of their portfolio NEW YORK, NY 77,61977.6k $253.0k $253.0k 0.00% New
99 Dynamic Technology Lab Private Ltd 0.03% of their portfolio SINGAPORE, U0 75,59175.6k $246.0k $246.0k 0.03% New
100 Louisiana State Employees Retirement System 0.01% of their portfolio BATON ROUGE, LA 74,90074.9k $244.2k $244.2k 0.01% New