Gear Energy Ltd T.GXE

Is Nuttall still in?

[ComradeKomissar]

I am not seeing Gear at top 10 holdings at NinePoints.

[Chris007]

Hmm....looks liked gear, parex and canadian natural are gone...replaced with HWX and CJ  Top Ten Holdings as of 06/30/2021 Athabasca Oil Corp Baytex Energy Corp Cardinal Energy Ltd (Alberta) Cenovus Energy Inc (Pre-Merger) Crescent Point Energy Corp Enerplus Corp Headwater Exploration Inc

[Winterice]

I believe that he is still holding 24.5M GXE shares (9.51% of total outstanding shares, increased by 1.75% recently) in Ninepoint Energy Mutual Fund. 47M ATH shares are held by Ninepoint Energy Mutual Fund (8.86 % of total ATH outstanding shares, decreased by 0.94%). Not sure if top 10 holdings related to dollar amounts.

[cuffy54]

I have seen no Ninepoint Energy Fund end of month top 10 holdings listings, which ever included GXE.   GXE was, and I believe still is a Ninepoint holding, but it has never been, yet anyway, a top 10 holding for Ninepoint.

[cuffy54]

 ....very encouraging to note that GXE is a recent very favorable mention by Peter Hodson of 5i Research.

[Winterice]

Totally agree. Ninepoint Energy fund size is 517.8 million dollars and there are 20-30 stocks in their investment portfolio. With GXE SP (@0.78) and share numbers held by Ninepoint (@24.5Mil), it only accounts for 3.69% or $19.11 million dollars of the fund. There’s no way that GXE should be one of the top 10 holdings for Ninepoint. Here is the list of the top 8 holdings:

[Winterice]

Company           SP @ 07/09/2021 Shares Held by Ninepoint          $ Amount Baytex Energy Corp        $2.42    18,000,000         $43,560,000 Athabasca Oil Corp         $0.92    

[CandyC]

Would you be able to show the shares of Headwater? TYIA