| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Juniper Capital III GP, L.P. | 9.7% | $248,040,594 | 74,486,665 | Edward Geiser | 31 Dec 2025 |
As of 31 Dec 2025, 147 institutional investors reported holding 338,509,745 shares of BAYTEX ENERGY CORP. - Common Shares (BTE). This represents 44% of the company’s total 768,696,233 outstanding shares.
The largest institutional shareholders of BAYTEX ENERGY CORP. - Common Shares (BTE) together control 39% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Juniper Capital Advisors, L.P. | 12% | 94,451,853 | -6.7% | 100% | $305,079,485 |
| Connor, Clark & Lunn Investment Management Ltd. | 3.9% | 29,652,066 | +1301% | 0.25% | $95,922,086 |
| VANGUARD GROUP INC | 3.8% | 29,449,680 | +1.3% | 0% | $95,269,715 |
| AMERICAN CENTURY COMPANIES INC | 2% | 15,193,883 | +6.7% | 0.02% | $49,150,006 |
| Encompass Capital Advisors LLC | 1.8% | 13,948,516 | 2.2% | $45,053,707 | |
| D. E. Shaw & Co., Inc. | 1.7% | 13,013,404 | -26% | 0.03% | $42,045,046 |
| ALLIANCEBERNSTEIN L.P. | 1.3% | 10,335,366 | +1.7% | 0.01% | $33,383,232 |
| TD Asset Management Inc | 1.3% | 10,287,145 | +176% | 0.03% | $33,321,119 |
| Webs Creek Capital Management LP | 1.3% | 10,117,718 | -8.3% | 5.8% | $32,680,229 |
| INTACT INVESTMENT MANAGEMENT INC. | 1.2% | 8,868,370 | +214% | 0.82% | $28,686,845 |
| ROYAL BANK OF CANADA | 1% | 7,942,656 | -35% | 0% | $25,654,000 |
| RENAISSANCE TECHNOLOGIES LLC | 0.69% | 5,294,900 | -42% | 0.03% | $17,102,527 |
| BANK OF AMERICA CORP /DE/ | 0.67% | 5,124,683 | +261% | 0% | $16,552,725 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 0.66% | 5,103,473 | -59% | 0.05% | $16,484,218 |
| STATE OF WISCONSIN INVESTMENT BOARD | 0.63% | 4,843,898 | 0.04% | $15,689,883 | |
| UBS Group AG | 0.6% | 4,622,532 | -9.9% | 0% | $14,930,779 |
| CIBC WORLD MARKET INC. | 0.54% | 4,178,822 | -76% | 0.02% | $13,539,383 |
| BANK OF MONTREAL /CAN/ | 0.51% | 3,912,634 | +6.1% | 0.01% | $12,657,060 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.44% | 3,406,762 | +2.6% | 0% | $11,034,852 |
| HITE Hedge Asset Management LLC | 0.43% | 3,311,203 | 0.68% | $10,710,481 | |
| MORGAN STANLEY | 0.41% | 3,186,316 | +35% | 0% | $10,291,800 |
| FIRST TRUST ADVISORS LP | 0.39% | 3,010,245 | -7.7% | 0.01% | $9,723,163 |
| Thomist Capital Management, LP | 0.39% | 2,980,698 | 2.6% | $9,657,462 | |
| MILLENNIUM MANAGEMENT LLC | 0.33% | 2,498,362 | -81% | 0.01% | $8,079,035 |
| PCJ Investment Counsel Ltd. | 0.32% | 2,483,638 | 2% | $8,034,027 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 338,509,745 | $1,095,039,345 | +$75,558,491 | $3.23 | 147 |
| 2025 Q3 | 318,209,793 | $745,390,788 | -$30,820,172 | $2.34 | 135 |
| 2025 Q2 | 233,781,687 | $419,590,025 | +$9,217,569 | $1.79 | 141 |
| 2025 Q1 | 229,072,476 | $510,890,633 | +$81,700,295 | $2.23 | 151 |
| 2024 Q4 | 190,957,204 | $492,022,720 | -$28,679,053 | $2.58 | 152 |
| 2024 Q3 | 200,219,730 | $595,937,110 | +$5,709,984 | $2.97 | 161 |
| 2024 Q2 | 197,131,959 | $685,084,578 | -$2,077,899 | $3.48 | 163 |
| 2024 Q1 | 190,443,390 | $690,145,592 | +$63,725,628 | $3.63 | 159 |
| 2023 Q4 | 276,556,306 | $918,306,600 | -$116,043,097 | $3.32 | 166 |
| 2023 Q3 | 202,651,127 | $893,312,746 | +$122,268,383 | $4.41 | 172 |
| 2023 Q2 | 177,106,907 | $577,334,855 | +$194,440,327 | $3.26 | 184 |
| 2023 Q1 | 116,751,727 | $438,054,544 | +$433,065,269 | $3.75 | 103 |
| 2022 Q4 | 1,314,600 | $5,903,623 | +$5,847,013 | $4.50 | 3 |
| 2022 Q3 | 1,616 | $7,000 | -$5,637,000 | $4.46 | 2 |
| 2022 Q2 | 1,162,846 | $5,644,000 | -$3,910,557 | $4.74 | 2 |
| 2022 Q1 | 1,968,530 | $8,576,000 | -$15,749,404 | $4.36 | 1 |
| 2021 Q4 | 5,686,150 | $17,597,000 | -$18,176,391 | $3.09 | 2 |
| 2021 Q3 | 11,567,430 | $31,469,000 | +$27,684,333 | $2.72 | 4 |
| 2021 Q2 | 1,391,330 | $2,695,000 | -$5,558,000 | $1.92 | 4 |
| 2021 Q1 | 6,104,398 | $7,891,000 | +$7,388,442 | $1.05 | 4 |
| 2020 Q4 | 551,712 | $305,558 | -$17,418,491 | $0.55 | 13 |
| 2020 Q3 | 50,275,163 | $17,613,687 | -$13,813,738 | $0.35 | 61 |
| 2020 Q2 | 76,755,920 | $38,724,342 | -$18,425,039 | $0.50 | 70 |
| 2020 Q1 | 124,362,035 | $29,256,178 | -$25,971,099 | $0.23 | 78 |
| 2019 Q4 | 136,245,531 | $196,913,078 | +$13,865,680 | $1.44 | 92 |
| 2019 Q3 | 126,644,059 | $187,520,786 | +$15,569,883 | $1.48 | 91 |
| 2019 Q2 | 108,884,997 | $168,427,295 | -$2,801,699 | $1.54 | 93 |
| 2019 Q1 | 108,640,913 | $184,136,086 | -$35,630,874 | $1.69 | 104 |
| 2018 Q4 | 129,080,332 | $227,571,853 | -$98,812,870 | $1.76 | 107 |
| 2018 Q3 | 164,657,505 | $478,570,299 | +$258,863,514 | $2.91 | 131 |
| 2018 Q2 | 73,890,530 | $245,477,470 | +$80,042,457 | $3.33 | 113 |
| 2018 Q1 | 49,867,622 | $136,568,572 | +$2,518,866 | $2.74 | 99 |
| 2017 Q4 | 48,739,553 | $146,345,508 | +$20,326,337 | $3.00 | 105 |
| 2017 Q3 | 41,087,732 | $123,898,769 | +$660,901 | $3.01 | 93 |
| 2017 Q2 | 40,006,330 | $97,141,278 | -$7,512,018 | $2.43 | 92 |
| 2017 Q1 | 42,482,505 | $144,974,056 | -$65,267,332 | $3.42 | 101 |
| 2016 Q4 | 59,512,525 | $289,745,304 | +$47,743,998 | $4.88 | 101 |
| 2016 Q3 | 51,079,959 | $216,268,676 | -$37,703,765 | $4.25 | 97 |
| 2016 Q2 | 59,080,605 | $341,922,015 | +$28,823,561 | $5.79 | 112 |
| 2016 Q1 | 54,738,703 | $216,904,936 | -$58,204,083 | $3.97 | 89 |
| 2015 Q4 | 77,006,017 | $248,060,267 | -$36,591,553 | $3.24 | 116 |
| 2015 Q3 | 88,406,492 | $284,085,755 | -$378,028,129 | $3.20 | 127 |
| 2015 Q2 | 98,935,331 | $1,572,325,352 | +$24,041,521 | $15.58 | 122 |
| 2015 Q1 | 98,212,603 | $1,552,337,100 | +$264,061,898 | $15.80 | 137 |
| 2014 Q4 | 83,627,732 | $1,399,054,038 | +$34,119,077 | $16.62 | 148 |
| 2014 Q3 | 76,417,781 | $2,897,645,569 | +$8,258,538 | $37.86 | 161 |
| 2014 Q2 | 76,032,719 | $3,515,475,523 | +$876,504,617 | $46.15 | 175 |
| 2014 Q1 | 56,366,538 | $2,328,108,892 | +$172,835,651 | $41.14 | 164 |