Form 13G’s must be filed with the SEC upon any investor or entity amassing at least 5% of a company’s outstanding shares, or alternatively, an investment falling beneath the 5% ownership threshold. Investors should closely monitor this filing activity, as it represents the trading activity of some of the company’s biggest supporters, who have doubtlessly done an immense amount of research on the company and its sector and have a good understanding of its value and potential. Below we have embedded just such a filing, issued by Steve Cohen‘s Point72 Asset Management, which reveals a 5.1% ownership stake in Callon Petroleum Company (NYSE:CPE) consisting of 4.08 million shares. Point72 reported ownership of 760,300 Callon Petroleum shares as of December 31, all of which were bought during the fourth quarter.
You can access the original SEC filing by clicking here.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|Point72 Asset Management, L.P.||0||4,071,300||0||4,071,300||4,071,300||5.1%|
|Point72 Capital Advisors, Inc.||0||4,071,300||0||4,071,300||4,071,300||5.1%|
|Cubist Systematic Strategies||0||4,255||0||4,255||4,255||Less than 0.1%|
|Steven A. Cohen||0||4,075,555||0||4,075,555||4,075,555||5.1%|
Page 1 of 9 SEC Filing
(Amendment No. )*
CALLON PETROLEUM COMPANY
Common Stock, Par Value $0.01 Per Share