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AREX

Approach Resources Inc.
AREX

Delisted

AREX was delisted on the 11th of November, 2019.

114 hedge funds and large institutions have $65.8M invested in Approach Resources Inc. in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 41 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% less funds holding

Funds holding: 128114 (-14)

20% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 41

48% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 29

57% less call options, than puts

Call options by funds: $967K | Put options by funds: $2.24M

76% less capital invested

Capital invested by funds: $274M → $65.8M (-$209M)

100% less funds holding in top 10

Funds holding in top 10: 30 (-3)

Holders
114
Holders Change
-14
Holders Change %
-10.94%
% of All Funds
3.18%
Holding in Top 10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
33
Reduced
41
Closed
29
Calls
$967K
Puts
$2.24M
Net Calls
-$1.27M
Net Calls Change
+$2.24M
Name Holding Trade Value Shares
Change
Change in
Stake
BIM
26
BlackRock Investment Management
Delaware
$291K -$999 -297 -0.2%
Citadel Advisors
27
Citadel Advisors
Florida
$288K -$270K -80,352 -34%
PPA
28
Parametric Portfolio Associates
Washington
$253K +$169K +50,358 +59%
Deutsche Bank
29
Deutsche Bank
Germany
$237K -$19.5K -5,811 -4%
TAM
30
TPH Asset Management
Texas
$234K +$420K +125,000 New
KCM
31
Kornitzer Capital Management
Kansas
$192K +$10.1K +3,000 +3%
LSVM
32
Lone Star Value Management
Connecticut
$187K -$3.31M -985,000 -91%
Millennium Management
33
Millennium Management
New York
$179K +$322K +95,881 New
Prudential Financial
34
Prudential Financial
New Jersey
$156K -$4.04K -1,200 -1%
PIA
35
Phoenix Investment Adviser
New York
$151K +$272K +81,000 New
VOYA Investment Management
36
VOYA Investment Management
Georgia
$149K
MSU
37
Mizuho Securities USA
New York
$149K +$107K +31,800 +66%
Morgan Stanley
38
Morgan Stanley
New York
$136K +$11K +3,273 +5%
VKH
39
Virtu KCG Holdings
New York
$131K +$235K +70,007 New
Goldman Sachs
40
Goldman Sachs
New York
$126K -$163K -48,399 -42%
California State Teachers Retirement System (CalSTRS)
41
California State Teachers Retirement System (CalSTRS)
California
$123K -$673 -200 -0.3%
TA
42
Teachers Advisors
New York
$123K
Charles Schwab
43
Charles Schwab
California
$116K -$144K -42,823 -41%
AL
44
Airain Ltd
Guernsey
$111K +$11.8K +3,494 +6%
New York State Teachers Retirement System (NYSTRS)
45
New York State Teachers Retirement System (NYSTRS)
New York
$109K
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$103K +$9.04K +2,689 +5%
PNC Financial Services Group
47
PNC Financial Services Group
Pennsylvania
$100K -$492K -146,381 -73%
NIM
48
Needham Investment Management
New York
$94K
BG
49
BlackRock Group
United Kingdom
$94K +$6.25K +1,857 +4%
Public Sector Pension Investment Board (PSP Investments)
50
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$93K -$25.2K -7,500 -13%

AREX Hedge Fund Activity: Q3 2015 in Review

114 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q3 2015, worth a combined $65.8M — down 76% from $274M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of AREX and 15 opened new positions — a net loss of 14 holders — while 41 trimmed existing stakes and 33 added.

The largest buyer was Boston Partners, adding an estimated $5.25M. The largest seller was RS Investment Management, exiting entirely with an estimated $26.7M sold.

  • 114 institutional investors held Approach Resources Inc. (AREX) as of Q3 2015, down from 128 in Q2 2015.
  • Funds reported $65.8M of Approach Resources Inc. stock for Q3 2015, down 76% quarter-over-quarter.
  • 15 funds opened new Approach Resources Inc. positions in Q3 2015 and 29 closed out, a net change of -14 holders.
  • The largest Approach Resources Inc. buyer in Q3 2015 was Boston Partners, an estimated $5.25M added.
  • The largest Approach Resources Inc. seller in Q3 2015 was RS Investment Management, an estimated $26.7M sold.

Based on aggregated 13F filings for Q3 2015.