13G Filing: Point72 Asset Management Takes Big Stake in Callon Petroleum Co (CPE)

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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%

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Page 1 of 9 SEC Filing

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*

CALLON PETROLEUM COMPANY


(Name of Issuer)

Common Stock, Par Value $0.01 Per Share


(Title of Class of Securities)
13123X102
(CUSIP Number)
February 22, 2016
(Date of Event which Requires Filing
of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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