David M. Knott’s Approach Resources Inc. AREX Stock Holding History

David M. Knott’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
2014 Q4	–	Sell	-200,000	Closed	-$2.9M	–	85
2014 Q3	$2.9M	Hold	200,000	–	–	0.55%	34
2014 Q2	$4.55M	Sell	200,000 -255,000	-56%	-$5.18M	0.82%	31
2014 Q1	$9.51M	Buy	455,000 +135,000	+42%	+$2.77M	1.82%	23
2013 Q4	$6.18M	Sell	320,000 -80,000	-20%	-$1.96M	1.26%	26
2013 Q3	$10.5M	Buy	400,000 +45,000	+13%	+$1.14M	2.01%	19
2013 Q2	$8.72M	Buy	+355,000	New	+$8.87M	1.82%	21

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

State Street Boston, Massachusetts $2.9T AUM 29.55% 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

Artisan Partners Milwaukee, Wisconsin $62.3B AUM 26.25% 1-Year Est. Return

CIP

Champlain Investment Partners Burlington, Vermont $7.88B AUM 6.82% 1-Year Est. Return

Icon Advisers Greenwood Village, Colorado $433M AUM 40.01% 1-Year Est. Return

David M. Knott's AREX Position: Q4 2014 in Review

David M. Knott sold out of Approach Resources Inc. (AREX) in Q4 2014, closing a stake of 200,000 shares — an estimated $2.9M sold.

David M. Knott first reported a position in AREX in Q2 2013 and held it in 6 quarters. The position peaked at $10.5M in Q3 2013. 156 funds tracked by Wall St. Rank hold AREX as of Q4 2014.

David M. Knott reported no remaining Approach Resources Inc. position as of Q4 2014 after selling out during the quarter.
David M. Knott sold 200,000 Approach Resources Inc. shares in Q4 2014, an estimated $2.9M.
David M. Knott first reported a position in Approach Resources Inc. in Q2 2013 and held it in 6 quarters.
David M. Knott's Approach Resources Inc. position peaked at $10.5M in Q3 2013.
156 funds tracked by Wall St. Rank held Approach Resources Inc. as of Q4 2014.

Based on David M. Knott's 13F filing for Q4 2014, filed 13 Feb 2015.