Wolverine Asset Management’s Approach Resources Inc. AREX Stock Holding History

Wolverine Asset 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 Q3	–	Sell	-29,400	Closed	-$201K	–	2061
2015 Q2	$201K	Hold	29,400	–	–	﹤0.01%	905
2015 Q1	$193K	Buy	29,400 +13,400	+84%	+$92.2K	﹤0.01%	867
2014 Q4	$102K	Sell	16,000 -103,373	-87%	-$990K	﹤0.01%	1191
2014 Q3	$1.73M	Buy	+119,373	New	+$2.23M	0.04%	333
2014 Q2	–	Sell	-1,400	Closed	-$29K	–	2636
2014 Q1	$29K	Sell	1,400 -21,604	-94%	-$442K	﹤0.01%	1522
2013 Q4	$443K	Buy	23,004 +14,362	+166%	+$352K	0.01%	822
2013 Q3	$227K	Buy	8,642 +6,934	+406%	+$176K	0.01%	1107
2013 Q2	$41K	Buy	+1,708	New	+$42.7K	﹤0.01%	1769

Other funds holding AREX

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

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

CSC

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

SCM

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

BFA

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

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

RFC

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

California Public Employees Retirement System Sacramento, California $162B AUM 25.78% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Lubar & Co Milwaukee, Wisconsin $119M AUM

Wolverine Asset Management's AREX Position: Q3 2015 in Review

Wolverine Asset Management sold out of Approach Resources Inc. (AREX) in Q3 2015, closing a stake of 29,400 shares — an estimated $201K sold.

Wolverine Asset Management first reported a position in AREX in Q2 2013 and held it in 8 quarters. The position peaked at $1.73M in Q3 2014. 114 funds tracked by Wall St. Rank hold AREX as of Q3 2015.

Wolverine Asset Management reported no remaining Approach Resources Inc. position as of Q3 2015 after selling out during the quarter.
Wolverine Asset Management sold 29,400 Approach Resources Inc. shares in Q3 2015, an estimated $201K.
Wolverine Asset Management first reported a position in Approach Resources Inc. in Q2 2013 and held it in 8 quarters.
Wolverine Asset Management's Approach Resources Inc. position peaked at $1.73M in Q3 2014.
114 funds tracked by Wall St. Rank held Approach Resources Inc. as of Q3 2015.

Based on Wolverine Asset Management's 13F filing for Q3 2015, filed 17 Nov 2015.