Vault-13

ENERPLUS CORP ERF

COM · Common Stock · CUSIP 292766102

194 institutional holders +0 vs Q1 2023
119,528,625119.5m shares reported held*
$1.7bnreported value*
24 new 64 added 67 reduced 26 sold out net bought ≈ $60.7m (+4.5m 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 ($12.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.50. Options: 12 managers hold calls ($10.8m notional), 11 hold puts ($8.2m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 190Q4 22: 195Q1 23: 194Q2 23: 194194Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022190
Q4 2022195
Q1 2023194
Q2 2023194

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 89 bought or addedQ4 22: 98 cut or sold outQ4 22Q1 23: 99 bought or addedQ1 23: 100 cut or sold outQ1 23Q2 23: 88 bought or addedQ2 23: 93 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20228998
Q1 202399100
Q2 20238893

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 22 calls: $33.4mQ3 22 puts: $19.8mQ3 22P/C 0.59Q4 22 calls: $23.5mQ4 22 puts: $9.8mQ4 22P/C 0.42Q1 23 calls: $13.4mQ1 23 puts: $12.3mQ1 23P/C 0.92Q2 23 calls: $10.8mQ2 23 puts: $8.2mQ2 23P/C 0.76
Numbers
QuarterCallsPutsP/C
Q3 2022$33.4m$19.8m0.59
Q4 2022$23.5m$9.8m0.42
Q1 2023$13.4m$12.3m0.92
Q2 2023$10.8m$8.2m0.76

Biggest buyers

WESTWOOD HOLDINGS GROUP INC Added +1,771,056+1.8m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +1,512,301+1.5m
Merewether Investment Management, LP New +1,217,667+1.2m
ROYAL BANK OF CANADA Added +1,109,181+1.1m
Allspring Global Investments Holdings, LLC New +1,083,411+1.1m
Palo Duro Investment Partners, LP Added +889,523+889.5k
UBS Group AG Added +752,761+752.8k
Man Group plc New +601,057+601.1k
EAGLE ASSET MANAGEMENT INC Added +400,628+400.6k
BANK OF MONTREAL /CAN/ Added +368,427+368.4k

Biggest sellers

MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -878,800-878.8k
Boston Partners Reduced -664,985-665.0k
SIR Capital Management, L.P. Reduced -619,800-619.8k
ACADIAN ASSET MANAGEMENT LLC Reduced -606,164-606.2k
DekaBank Deutsche Girozentrale Sold out -473,665-473.7k
MORGAN STANLEY Reduced -387,087-387.1k
Waratah Capital Advisors Ltd. Reduced -339,792-339.8k
TWO SIGMA ADVISERS, LP Reduced -328,900-328.9k
FIRST TRUST ADVISORS LP Reduced -302,608-302.6k
Man Group plc Sold out -301,790-301.8k

Biggest calls

GROUP ONE TRADING LLC Added $3.3m231.0k shares
CITADEL ADVISORS LLC Added $2.1m146.7k shares
ROYAL BANK OF CANADA Unchanged $1.4m100.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.3m86.4k shares
SIG North Trading, ULC Reduced $1.0m71.1k shares
Walleye Trading LLC Added $849.4k58.7k shares
WOLVERINE TRADING, LLC Added $312.6k21.6k shares
SIMPLEX TRADING, LLC Added $277.0k19.2k shares
JANE STREET GROUP, LLC Reduced $205.5k14.2k shares
Murchinson Ltd. New $3.4k2.3k shares

Biggest puts

GROUP ONE TRADING LLC Added $2.8m192.3k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.8m124.7k shares
ROYAL BANK OF CANADA Unchanged $1.4m100.0k shares
Murchinson Ltd. New $482.1k2.3k shares
CITADEL ADVISORS LLC Reduced $467.4k32.3k shares
SIG North Trading, ULC Reduced $467.4k32.3k shares
JANE STREET GROUP, LLC Reduced $285.1k19.7k shares
WOLVERINE TRADING, LLC Reduced $279.3k19.3k shares
SIMPLEX TRADING, LLC Reduced $173.0k12.0k shares
Walleye Trading LLC Reduced $7.2k500 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.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 10,695,45610.7m $154.8m $154.8m 0.04% Added +1.1m +1,109,181
2 KGH Ltd 8.50% of their portfolio NASSAU, C5 8,273,9408.3m $119.9m $119.9m 8.50% Unchanged
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 7,879,1127.9m $114.0m $114.0m 0.00% Reduced -98.2k -98,204
4 Kimmeridge Energy Management Company, LLC 4.68% of their portfolio NEW YORK, NY 7,798,7007.8m $112.8m $112.8m 4.68% Unchanged
5 ADAGE CAPITAL PARTNERS GP, L.L.C. 0.22% of their portfolio Boston, MA 6,867,4076.9m $99.4m $99.4m 0.22% Reduced -203.1k -203,100
6 WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio Boston, MA 6,201,9416.2m $89.9m $89.9m 0.02% Added +305.1k +305,073
7 Encompass Capital Advisors LLC 4.02% of their portfolio New York, NY 4,659,4184.7m $67.6m $67.6m 4.02% Reduced -187.8k -187,781
8 Aventail Capital Group, LP 6.25% of their portfolio NEW YORK, NY 4,247,5184.2m $61.5m $61.5m 6.25% Added +292.2k +292,157
9 Palo Duro Investment Partners, LP 20.04% of their portfolio CHICAGO, IL 4,229,1854.2m $61.2m $61.2m 20.04% Added +889.5k +889,523
10 WESTWOOD HOLDINGS GROUP INC 0.54% of their portfolio DALLAS, TX 4,131,8104.1m $59.8m $59.8m 0.54% Added +1.8m +1,771,056
11 MILLENNIUM MANAGEMENT LLC 0.06% of their portfolio NEW YORK, NY 4,128,7634.1m $59.8m $59.8m 0.06% Added +55.8k +55,763
12 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio BOSTON, MA 2,943,3332.9m $42.6m $42.6m 0.05% Added +1.5m +1,512,301
13 SIR Capital Management, L.P. 4.60% of their portfolio NEW YORK, NY 2,897,4002.9m $42.0m $42.0m 4.60% Reduced -619.8k -619,800
14 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 2,366,4082.4m $34.2m $34.2m 0.01% Added +38.1k +38,085
15 ACADIAN ASSET MANAGEMENT LLC 0.14% of their portfolio Boston, MA 2,309,8112.3m $33.5m $33.5m 0.14% Reduced -606.2k -606,164
16 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 1,881,2301.9m $27.4m $27.4m 0.01% Added +368.4k +368,427
17 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,672,6161.7m $24.2m $24.2m 0.01% Reduced -154.7k -154,667
18 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.23% of their portfolio VICTORIA, A1 1,668,5051.7m $24.2m $24.2m 0.23% Reduced -135.7k -135,666
19 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 1,634,6301.6m $23.7m $23.7m 0.01% Reduced -14.4k -14,370
20 RIPOSTE CAPITAL LLC 9.76% of their portfolio NEW YORK, NY 1,600,0001.6m $23.2m $23.2m 9.76% Unchanged
21 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 1,554,2071.6m $22.5m $22.5m 0.03% Added +200.2k +200,200
22 INTACT INVESTMENT MANAGEMENT INC. 0.85% of their portfolio MONTREAL, A8 1,447,5301.4m $21.0m $21.0m 0.85% Reduced -33.4k -33,360
23 STATE OF WISCONSIN INVESTMENT BOARD 0.06% of their portfolio MADISON, WI 1,386,5061.4m $20.1m $20.1m 0.06% Added +56.5k +56,460
24 Boston Partners 0.03% of their portfolio BOSTON, MA 1,336,8941.3m $19.7m $19.7m 0.03% Reduced -665.0k -664,985
25 Merewether Investment Management, LP 1.28% of their portfolio DALLAS, TX 1,217,6671.2m $17.6m $17.6m 1.28% New
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,169,6771.2m $16.9m $16.9m 0.00% Reduced -387.1k -387,087
27 Allspring Global Investments Holdings, LLC 0.03% of their portfolio CHARLOTTE, NC 1,083,4111.1m $15.7m $15.7m 0.03% New
28 EAGLE ASSET MANAGEMENT INC 0.08% of their portfolio ST PETERSBURG, FL 1,045,9891.0m $15.1m $15.1m 0.08% Added +400.6k +400,628
29 UBS Group AG 0.01% of their portfolio ZURICH, V8 894,351894.4k $12.9m $12.9m 0.01% Added +752.8k +752,761
30 TD Asset Management Inc 0.01% of their portfolio Toronto, A6 868,844868.8k $12.6m $12.6m 0.01% Reduced -49.7k -49,694
31 AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio KANSAS CITY, MO 794,947794.9k $11.5m $11.5m 0.01% Added +67.2k +67,178
32 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 755,594755.6k $10.9m $10.9m 0.01% Reduced -878.8k -878,800
33 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 658,859658.9k $9.5m $9.5m 0.02% Reduced -5.3k -5,280
34 TWO SIGMA ADVISERS, LP 0.02% of their portfolio NEW YORK, NY 625,686625.7k $9.1m $9.1m 0.02% Reduced -328.9k -328,900
35 MACKENZIE FINANCIAL CORP 0.01% of their portfolio TORONTO ONTARIO, A6 622,666622.7k $9.0m $9.0m 0.01% Reduced -252.0k -251,990
36 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 614,123614.1k $8.9m $8.9m 0.02% Added +44.8k +44,817
37 TORONTO DOMINION BANK 0.01% of their portfolio TORONTO, ONTARIO, A6 601,490601.5k $8.7m $8.7m 0.01% Added +280.0k +279,998
38 Man Group plc 0.03% of their portfolio LONDON, X0 601,057601.1k $8.7m $8.7m 0.03% New
39 South Dakota Investment Council 0.16% of their portfolio SIOUX FALLS, SD 534,698534.7k $7.7m $7.7m 0.16% Added +206.3k +206,274
40 CIBC Asset Management Inc 0.03% of their portfolio TORONTO, Z4 519,077519.1k $7.5m $7.5m 0.03% Added +845 +845
41 Waratah Capital Advisors Ltd. 0.38% of their portfolio TORONTO, A6 518,712518.7k $7.5m $7.5m 0.38% Reduced -339.8k -339,792
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 517,534517.5k $7.5m $7.5m 0.00% Added +235.2k +235,197
43 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 511,712511.7k $7.4m $7.4m 0.03% Reduced -122.2k -122,231
44 Swiss National Bank 0.00% of their portfolio ZURICH, V8 476,855476.9k $6.9m $6.9m 0.00% Reduced -12.2k -12,200
45 Public Sector Pension Investment Board 0.05% of their portfolio MONTREAL, A8 459,031459.0k $6.7m $6.7m 0.05% Added +4.8k +4,804
46 Alberta Investment Management Corp 0.06% of their portfolio EDMONTON, A0 437,900437.9k $6.4m $6.4m 0.06% Reduced -160.8k -160,800
47 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 426,370426.4k $6.2m $6.2m 0.01% Reduced -302.6k -302,608
48 Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio VANCOUVER, A1 420,388420.4k $6.1m $6.1m 0.03% Reduced -126.3k -126,326
49 BlackRock Inc. 0.00% of their portfolio New York, NY 418,530418.5k $6.1m $6.1m 0.00% Added +20.1k +20,073
50 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 412,084412.1k $6.0m $6.0m 0.01% Added +135.1k +135,100
51 TD Waterhouse Canada Inc. 0.07% of their portfolio TORONTO, A6 379,474379.5k $6.7m $6.7m 0.07% Added +53.9k +53,875
52 SCOTIA CAPITAL INC. 0.04% of their portfolio TORONTO, A6 371,176371.2k $5.4m $5.4m 0.04% Reduced -15.6k -15,631
53 Foundry Partners, LLC 0.32% of their portfolio MINNEAPOLIS, MN 359,177359.2k $5.2m $5.2m 0.32% Reduced -3.4k -3,401
54 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 353,641353.6k $5.1m $5.1m 0.00% Added +74.4k +74,371
55 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 350,793350.8k $5.1m $5.1m 0.01% Added +168.4k +168,443
56 PCJ Investment Counsel Ltd. 2.06% of their portfolio TORONTO, A6 335,940335.9k $4.9m $4.9m 2.06% Reduced -49.2k -49,230
57 Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio Boston, MA 310,500310.5k $4.5m $4.5m 0.02% New
58 Federation des caisses Desjardins du Quebec 0.04% of their portfolio LEVIS, A8 302,470302.5k $4.4m $4.4m 0.04% Reduced -27.2k -27,235
59 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 299,446299.4k $4.3m $4.3m 0.00% Added +173.7k +173,704
60 KRAEMATON INVESTMENT ADVISORS, INC 4.20% of their portfolio BRAINTREE, MA 264,079264.1k $3.8m $3.8m 4.20% Added +1.8k +1,809
61 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 220,011220.0k $3.2m $3.2m 0.01% Added +70.3k +70,298
62 Gotham Asset Management, LLC 0.06% of their portfolio NEW YORK, NY 205,128205.1k $3.0m $3.0m 0.06% Added +42.5k +42,532
63 Legal & General Group Plc 0.00% of their portfolio London, X0 198,537198.5k $2.9m $2.9m 0.00% Added +30.2k +30,244
64 Genus Capital Management Inc. 0.42% of their portfolio VANCOUVER, A1 197,700197.7k $2.9m $2.9m 0.42% First filing
65 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 193,006193.0k $2.8m $2.8m 0.00% Reduced -263.9k -263,926
66 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 189,274189.3k $2.7m $2.7m 0.00% Reduced -59.6k -59,602
67 BECK CAPITAL MANAGEMENT, LLC 0.97% of their portfolio AUSTIN, TX 169,777169.8k $2.5m $2.5m 0.97% Added +44.4k +44,399
68 CAXTON ASSOCIATES LP 0.35% of their portfolio NEW YORK, NY 165,000165.0k $2.4m $2.4m 0.35% New
69 CoreCommodity Management, LLC 0.65% of their portfolio STAMFORD, CT 151,927151.9k $2.2m $2.2m 0.65% Added +101.3k +101,293
70 Cetera Advisors LLC 0.03% of their portfolio DENVER, CO 147,083147.1k $2.1m $2.1m 0.03% Reduced -489 -489
71 GRACE & WHITE INC /NY 0.39% of their portfolio NY, NY 145,384145.4k $2.1m $2.1m 0.39% Unchanged
72 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 143,400143.4k $2.1m $2.1m 0.00% Unchanged
73 Cubist Systematic Strategies, LLC 0.02% of their portfolio STAMFORD, CT 139,033139.0k $2.0m $2.0m 0.02% Reduced -187.5k -187,451
74 PDT Partners, LLC 0.27% of their portfolio New York, NY 137,357137.4k $2.0m $2.0m 0.27% Added +46.7k +46,705
75 RENAISSANCE GROUP LLC 0.07% of their portfolio Covington, KY 119,272119.3k $1.7m $1.7m 0.07% Added +22.0k +22,001
76 FMR LLC 0.00% of their portfolio BOSTON, MA 118,765118.8k $1.7m $1.7m 0.00% Reduced -97.3k -97,255
77 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 114,359114.4k $1.8m $1.8m 0.00% Added +105 +105
78 Canoe Financial LP 0.03% of their portfolio CALGARY, A0 113,643113.6k $1.6m $1.6m 0.03% Reduced -36.3k -36,307
79 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 111,475111.5k $1.6m $1.6m 0.00% Reduced -19.9k -19,853
80 Triasima Portfolio Management inc. 0.12% of their portfolio MONTREAL, A8 100,000100.0k $1.9m $1.9m 0.12% Reduced -139.1k -139,095
81 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.02% of their portfolio Stamford, CT 99,62299.6k $1.4m $1.4m 0.02% Added +10.7k +10,657
82 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 97,17097.2k $1.4m $1.4m 0.00% Added +28.7k +28,695
83 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 95,95796.0k $1.4m $1.4m 0.00% Reduced -177.8k -177,768
84 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 93,09393.1k $1.3m $1.3m 0.00% Reduced -64.3k -64,277
85 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 91,21091.2k $1.3m $1.3m 0.00% Added +31.5k +31,505
86 Fiera Capital Corp 0.00% of their portfolio MONTREAL, A8 89,97590.0k $1.3m $1.3m 0.00% Reduced -101.3k -101,300
87 TOBAM 0.09% of their portfolio PARIS, I0 86,31086.3k $1.3m $1.3m 0.09% Added +69.9k +69,948
88 CIDEL ASSET MANAGEMENT INC 0.06% of their portfolio TORONTO, A6 84,68384.7k $1.2m $1.2m 0.06% Unchanged
89 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 81,67581.7k $1.2m $1.2m 0.00% Reduced -248.8k -248,820
90 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 74,72974.7k $1.1m $1.1m 0.00% Reduced -4.7k -4,691
91 Ergoteles LLC 0.05% of their portfolio NEW YORK, NY 74,48774.5k $1.1m $1.1m 0.05% Reduced -148.9k -148,899
92 GROUP ONE TRADING LLC 0.04% of their portfolio CHICAGO, IL 66,19966.2k $957.9k $957.9k 0.04% New
93 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 62,95363.0k $910.9k $910.9k 0.02% New
94 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 62,37062.4k $905.0k $905.0k 0.00% Added +16.3k +16,346
95 Murchinson Ltd. 0.11% of their portfolio TORONTO, A6 60,70060.7k $878.3k $878.3k 0.11% New
96 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio JUPITER, FL 57,43457.4k $831.1k $831.1k 0.00% Added +43.3k +43,259
97 Quantbot Technologies LP 0.05% of their portfolio NEW YORK, NY 56,72556.7k $820.8k $820.8k 0.05% Added +10.4k +10,373
98 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 55,90455.9k $808.9k $808.9k 0.00% New
99 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 54,73654.7k $792.0k $792.0k 0.01% Reduced -1.0k -1,000
100 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 54,17354.2k $783.9k $783.9k 0.00% Added +36.0k +36,027