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

Penn 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
2017 Q2	–	Sell	-683,853	Closed	-$1.72M	–	290
2017 Q1	$1.72M	Sell	683,853 -330,322	-33%	-$954K	0.12%	177
2016 Q4	$3.4M	Buy	+1,014,175	New	+$3.3M	0.21%	142
2015 Q3	–	Sell	-24,412	Closed	-$167K	–	308
2015 Q2	$167K	Buy	+24,412	New	+$184K	0.01%	287
2013 Q3	–	Sell	-107,963	Closed	-$2.65M	–	334
2013 Q2	$2.65M	Buy	+107,963	New	+$2.7M	0.11%	230

Other funds holding AREX

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

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

First Manhattan New York $39.2B AUM 21.04% 1-Year Est. Return

California Public Employees Retirement System Sacramento, California $177B AUM 39.86% 1-Year Est. Return

Lubar & Co Milwaukee, Wisconsin $126M AUM

Boston Partners Boston, Massachusetts $113B AUM 38.87% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

PCM

Portolan Capital Management Boston, Massachusetts $2.67B AUM 169.09% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Penn Capital Management's AREX Position: Q2 2017 in Review

Penn Capital Management sold out of Approach Resources Inc. (AREX) in Q2 2017, closing a stake of 683,853 shares — an estimated $1.72M sold.

Penn Capital Management first reported a position in AREX in Q2 2013 and held it in 4 quarters. The position peaked at $3.4M in Q4 2016. 80 funds tracked by Wall St. Rank hold AREX as of Q2 2017.

Penn Capital Management reported no remaining Approach Resources Inc. position as of Q2 2017 after selling out during the quarter.
Penn Capital Management sold 683,853 Approach Resources Inc. shares in Q2 2017, an estimated $1.72M.
Penn Capital Management first reported a position in Approach Resources Inc. in Q2 2013 and held it in 4 quarters.
Penn Capital Management's Approach Resources Inc. position peaked at $3.4M in Q4 2016.
80 funds tracked by Wall St. Rank held Approach Resources Inc. as of Q2 2017.

Based on Penn Capital Management's 13F filing for Q2 2017, filed 11 Aug 2017.