BAYTEX ENERGY CORP BTE
COM · Common Stock · CUSIP 07317Q105
- SectorEnergy
- IndustryDrilling Oil & Gas Wells
- FilingsSEC EDGAR
* 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 ($330.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.79. Options: 8 managers hold calls ($414.4k notional), 8 hold puts ($1.2m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2 |
| Q4 2022 | 3 |
| Q1 2023 | 105 |
| Q2 2023 | 192 |
| Q3 2023 | 183 |
| Q4 2023 | 170 |
| Q1 2024 | 169 |
| Q2 2024 | 169 |
| Q3 2024 | 166 |
| Q4 2024 | 156 |
| Q1 2025 | 154 |
| Q2 2025 | 143 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 90 | 97 |
| Q4 2023 | 70 | 92 |
| Q1 2024 | 76 | 82 |
| Q2 2024 | 74 | 66 |
| Q3 2024 | 64 | 81 |
| Q4 2024 | 60 | 82 |
| Q1 2025 | 82 | 56 |
| Q2 2025 | 60 | 75 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $548.6k | $1.5m | 2.79 |
| Q4 2024 | $717.5k | $2.4m | 3.40 |
| Q1 2025 | $2.1m | $1.6m | 0.77 |
| Q2 2025 | $414.4k | $1.2m | 2.90 |
Biggest buyers
| RENAISSANCE TECHNOLOGIES LLC | Added | +11.9m |
| ROYAL BANK OF CANADA | Added | +11.2m |
| D. E. Shaw & Co., Inc. | Added | +5.5m |
| CIBC WORLD MARKET INC. | Added | +5.5m |
| CITADEL ADVISORS LLC | Added | +3.4m |
| GOLDMAN SACHS GROUP INC | Added | +2.8m |
| INTACT INVESTMENT MANAGEMENT INC. | Added | +2.6m |
| FIRST TRUST ADVISORS LP | Added | +1.6m |
| AMERICAN CENTURY COMPANIES INC | Added | +1.5m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | Added | +1.3m |
Biggest sellers
| TWO SIGMA INVESTMENTS, LP | Reduced | -6.1m |
| TWO SIGMA ADVISERS, LP | Reduced | -4.6m |
| Sourcerock Group LLC | Sold out | -3.5m |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -3.2m |
| Ninepoint Partners LP | Sold out | -2.8m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -2.8m |
| MORGAN STANLEY | Reduced | -2.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -2.5m |
| MARSHALL WACE, LLP | Sold out | -2.5m |
| Man Group plc | Reduced | -1.4m |
Biggest calls
| SIG North Trading, ULC | Reduced | $225.0k125.7k shares |
| CITADEL ADVISORS LLC | Added | $58.5k32.7k shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $50.2k280 shares |
| WOLVERINE TRADING, LLC | New | $37.5k20.5k shares |
| GROUP ONE TRADING LLC | Reduced | $23.4k13.1k shares |
| TORONTO DOMINION BANK | Reduced | $10.8k6.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $9.0k5.5k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIG North Trading, ULC | Reduced | $682.9k381.5k shares |
| CITADEL ADVISORS LLC | Added | $317.4k177.3k shares |
| GROUP ONE TRADING LLC | Added | $118.3k66.1k shares |
| SIMPLEX TRADING, LLC | Added | $28.0k16.1k shares |
| TORONTO DOMINION BANK | Reduced | $26.7k14.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $20.0k11.2k shares |
| NATIONAL BANK OF CANADA /FI/ | Reduced | $8.2k46 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $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.
| Holder | Stake |
|---|---|
| Connor, Clark & Lunn Investment Management Ltd. 13G · institution +1.3 pts · filed 2026-07-30 | 6.8% |
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 2025
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 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| Juniper Capital Advisors, L.P. 100.00% of their portfolio | 101.2m $181.1m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 28.1m $50.4m | Added +374 |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 20.4m $36.4m | Reduced -2.8m |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 18.8m $33.7m | Added +11.9m |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 18.3m $32.7m | Added +5.5m |
| CIBC WORLD MARKET INC. 0.07% of their portfolio | 17.8m $31.9m | Added +5.5m |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 15.8m $28.2m | Added +11.2m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.08% of their portfolio | 13.3m $23.8m | Added +1.3m |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 11.9m $21.2m | Added +1.5m |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 10.7m $19.2m | Added +738.3k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 9.9m $17.8m | Added +2.8m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 6.2m $11.2m | Reduced -2.5m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 5.7m $10.2m | Added +3.4m |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 3.9m $6.9m | Reduced -6.1m |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 3.8m $6.9m | Added +1.6m |
| INTACT INVESTMENT MANAGEMENT INC. 0.23% of their portfolio | 3.8m $6.8m | Added +2.6m |
| UBS Group AG 0.00% of their portfolio | 3.7m $6.6m | Reduced -142.1k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 3.1m $5.5m | Reduced -4.6m |
| ROYCE & ASSOCIATES LP 0.05% of their portfolio | 2.8m $5.1m | Reduced -90.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 2.8m $5.0m | Added +194.3k |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 2.4m $4.3m | Added +654.4k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 2.4m $4.3m | Reduced -239.4k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 2.4m $4.2m | Reduced -1.3m |
| FMR LLC 0.00% of their portfolio | 2.3m $4.2m | Reduced -907.1k |
| CoreCommodity Management, LLC 0.64% of their portfolio | 2.2m $3.9m | Added +726.5k |
| TD Asset Management Inc 0.00% of their portfolio | 2.1m $3.7m | Added +73.9k |
| MORGAN STANLEY 0.00% of their portfolio | 2.0m $3.7m | Reduced -2.6m |
| SCOTIA CAPITAL INC. 0.02% of their portfolio | 1.8m $3.3m | Reduced -16.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.8m $4.1m | Added +287.5k |
| Federation des caisses Desjardins du Quebec 0.01% of their portfolio | 1.5m $2.7m | Reduced -226.3k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.4m $2.5m | Added +227.7k |
| Swiss National Bank 0.00% of their portfolio | 1.3m $2.4m | Reduced -41.9k |
| Vontobel Holding Ltd. 0.01% of their portfolio | 1.3m $2.3m | Added +365.0k |
| AXA S.A. 0.01% of their portfolio | 1.1m $2.0m | Added +83.8k |
| SIG North Trading, ULC 0.30% of their portfolio | 756.3k $1.4m | Reduced -185.3k |
| Mariner, LLC 0.00% of their portfolio | 726.3k $1.3m | Added +651.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.00% of their portfolio | 714.1k $1.3m | Added +263.3k |
| CIBC Asset Management Inc 0.00% of their portfolio | 647.5k $1.2m | Reduced -191.4k |
| Legal & General Group Plc 0.00% of their portfolio | 641.0k $1.1m | Reduced -114.8k |
| Nuveen, LLC 0.00% of their portfolio | 547.3k $978.7k | Reduced -67.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 538.8k $964.4k | Added +72.6k |
| HARBOR CAPITAL ADVISORS, INC. 0.04% of their portfolio | 518.6k $928.0k | Added +17.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 497.4k $886.5k | Reduced -2.2k |
| Invesco Ltd. 0.00% of their portfolio | 465.4k $833.2k | Added +72.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 461.5k $826.1k | Reduced -238.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 436.5k $780.7k | Added +74.7k |
| Numerai GP LLC 0.11% of their portfolio | 420.8k $753.2k | Reduced -16.4k |
| Gotham Asset Management, LLC 0.00% of their portfolio | 407.8k $730.0k | Added +199.6k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.00% of their portfolio | 405.8k $727.6k | Added +27.7k |
| Squarepoint Ops LLC 0.00% of their portfolio | 342.0k $612.2k | New |
| Graham Capital Management, L.P. 0.02% of their portfolio | 336.5k $602.4k | Added +312.9k |
| Quadrature Capital Ltd 0.01% of their portfolio | 333.2k $594.8k | New |
| X-Square Capital, LLC 0.19% of their portfolio | 296.8k $531.0k | Unchanged |
| INGALLS & SNYDER LLC 0.02% of their portfolio | 285.0k $510.0k | Unchanged |
| PORTLAND INVESTMENT COUNSEL INC. 0.15% of their portfolio | 280.3k $502.1k | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio | 277.3k $495.8k | Added +21.5k |
| TORONTO DOMINION BANK 0.00% of their portfolio | 256.2k $458.5k | Reduced -302.6k |
| Alberta Investment Management Corp 0.00% of their portfolio | 252.6k $452.9k | Unchanged |
| Man Group plc 0.00% of their portfolio | 218.7k $391.5k | Reduced -1.4m |
| BARCLAYS PLC 0.00% of their portfolio | 214.6k $384.0k | Reduced -69.6k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 213.9k $382.8k | Unchanged |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 180.7k $330.2k | Added +119.9k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 180.0k $322.7k | Added +55.2k |
| VAN DEN BERG MANAGEMENT I, INC 0.09% of their portfolio | 179.4k $321.2k | Reduced -3.8k |
| BlackRock, Inc. 0.00% of their portfolio | 164.6k $294.7k | Reduced -538.4k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 158.0k $283.2k | Added +14.8k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 152.0k $271.9k | New |
| MONTGOMERY INVESTMENT MANAGEMENT INC 0.10% of their portfolio | 149.5k $267.6k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 144.8k $260.8k | Added +14.1k |
| Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio | 140.4k $251.3k | Added +65.7k |
| Formidable Asset Management, LLC 0.05% of their portfolio | 136.1k $303.4k | Reduced -137.7k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 120.4k $215.9k | Unchanged |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 112.7k $201.6k | Unchanged |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 112.0k $200.0k | Added +28.3k |
| XTX Topco Ltd 0.01% of their portfolio | 95.3k $170.5k | Reduced -430.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 94.6k $169.3k | Reduced -144.6k |
| CANADA LIFE ASSURANCE Co 0.00% of their portfolio | 88.0k $157.0k | Unchanged |
| Cresset Asset Management, LLC 0.00% of their portfolio | 84.4k $152.4k | Unchanged |
| Caitong International Asset Management Co., Ltd 0.10% of their portfolio | 76.2k $136.3k | Added +29.0k |
| State of Wyoming 0.02% of their portfolio | 71.1k $127.2k | Reduced -69.8k |
| TWO SIGMA SECURITIES, LLC 0.01% of their portfolio | 62.4k $111.7k | Reduced -111.3k |
| Northwest & Ethical Investments L.P. 0.00% of their portfolio | 62.3k $111.6k | Reduced -340 |
| Lakewood Asset Management LLC 0.07% of their portfolio | 60.4k $108.0k | Unchanged |
| Wealthspire Retirement, LLC 0.01% of their portfolio | 60.0k $107.4k | Reduced -119.5k |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 59.9k $107.2k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 58.2k $104.0k | Reduced -1.5k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 55.8k $100.0k | Reduced -45.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 45.5k $81.4k | Added +3.7k |
| Creative Planning 0.00% of their portfolio | 44.2k $79.2k | Reduced -179 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 42.6k $76.2k | Reduced -298.4k |
| 1832 Asset Management L.P. 0.00% of their portfolio | 41.5k $74.4k | Unchanged |
| LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio | 41.3k $73.0k | New |
| Investment Management Corp of Ontario 0.00% of their portfolio | 40.6k $72.7k | Reduced -2.3k |
| SHELL ASSET MANAGEMENT CO 0.00% of their portfolio | 38.0k $68.0k | Unchanged |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 37.2k $66.7k | Reduced -5.0k |
| Atom Investors LP 0.01% of their portfolio | 34.6k $62.0k | New |
| Dynamic Technology Lab Private Ltd 0.01% of their portfolio | 31.2k $56.0k | Reduced -249.7k |
| Farringdon Capital, Ltd. 0.02% of their portfolio | 28.7k $51.4k | New |
| CITIGROUP INC 0.00% of their portfolio | 27.3k $48.9k | Reduced -61.3k |
| Cetera Investment Advisers 0.00% of their portfolio | 23.9k $42.7k | Reduced -160 |