Bellatrix Exploration Ltd (Canada) BXEFF

RE:Oaktree Capital Management LP SOLD 15,000,000 shares

[puma1]

no offence here , but I would have thought someone on this board might have flagged that OAKTREE DID NOT SELL 15 million shares. .............................................. that reduction in shares is just the reporting of the effect of the 1 for 5 roll back. .......... THEY did not sell anything.

RMXStoleME wrote:
Oaktree Capital Management LP lowered its position in Bellatrix Exploration Ltd (NYSE:BXE) (TSE:BXE) by 80.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,750,000 shares of the oil and gas exploration company’s stock after selling 15,000,000 shares during the period. Oaktree Capital Management LP owned approximately 7.59% of Bellatrix Exploration worth $10,674,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Eagle Investment Management LLC purchased a new stake in Bellatrix Exploration in the third quarter valued at approximately $1,153,000. Proxima Capital Management LLC boosted its position in Bellatrix Exploration by 12.6% in the second quarter. Proxima Capital Management LLC now owns 5,405,000 shares of the oil and gas exploration company’s stock valued at $3,085,000 after buying an additional 605,000 shares during the last quarter. Finally, Signia Capital Management LLC boosted its position in Bellatrix Exploration by 73.9% in the second quarter. Signia Capital Management LLC now owns 8,693,132 shares of the oil and gas exploration company’s stock valued at $5,039,000 after buying an additional 3,694,195 shares during the last quarter. Hedge funds and other institutional investors own 40.17% of the company’s stock.