Cullen Capital Management’s Approach Resources Inc. AREX Stock Holding History

Cullen Capital Management’s Portfolio AREX Stock Details AREX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-20,300	Closed	-$134K	–	182
2015 Q1	$134K	Hold	20,300	–	–	﹤0.01%	175
2014 Q4	$130K	Buy	20,300 +2,800	+16%	+$26.8K	﹤0.01%	175
2014 Q3	$254K	Hold	17,500	–	–	0.01%	167
2014 Q2	$398K	Buy	17,500 +7,600	+77%	+$154K	0.01%	179
2014 Q1	$207K	Buy	+9,900	New	+$203K	0.01%	194

Other funds holding AREX

First Manhattan New York $36.1B AUM 11.5% 1-Year Est. Return

RIM

RS Investment Management San Francisco, California $9.73B AUM 3.24% 1-Year Est. Return

CSC

Cove Street Capital El Segundo, California $76.6M AUM 36% 1-Year Est. Return

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

SCM

Schneider Capital Management Berwyn, Pennsylvania $175M AUM 42.51% 1-Year Est. Return

RFC

Russell Frank Company Seattle, Washington $56.9B AUM 2.13% 1-Year Est. Return

UBS AM Chicago, Illinois $481B AUM 26.39% 1-Year Est. Return

LSVM

Lone Star Value Management Old Greenwich, Connecticut $52.7M AUM 30.18% 1-Year Est. Return

Cullen Capital Management's AREX Position: Q2 2015 in Review

Cullen Capital Management sold out of Approach Resources Inc. (AREX) in Q2 2015, closing a stake of 20,300 shares — an estimated $134K sold.

Cullen Capital Management first reported a position in AREX in Q1 2014 and held it in 5 quarters. The position peaked at $398K in Q2 2014. 128 funds tracked by Wall St. Rank hold AREX as of Q2 2015.

Cullen Capital Management reported no remaining Approach Resources Inc. position as of Q2 2015 after selling out during the quarter.
Cullen Capital Management sold 20,300 Approach Resources Inc. shares in Q2 2015, an estimated $134K.
Cullen Capital Management first reported a position in Approach Resources Inc. in Q1 2014 and held it in 5 quarters.
Cullen Capital Management's Approach Resources Inc. position peaked at $398K in Q2 2014.
128 funds tracked by Wall St. Rank held Approach Resources Inc. as of Q2 2015.

Based on Cullen Capital Management's 13F filing for Q2 2015, filed 13 Aug 2015.