Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
84 hedge funds and large institutions have $81.1M invested in Approach Resources Inc. in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 9 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
52% more capital invested
Capital invested by funds: $53.5M → $81.1M (+$27.6M)
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
11% more funds holding
Funds holding: 76 → 84 (+8)
53% less call options, than puts
Call options by funds: $563K | Put options by funds: $1.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$16.6M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$504K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$284K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$190K |
| 5 |
Morgan Stanley
New York
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Manhattan
New York
|
-$1.54M |
| 2 |
Goldman Sachs
New York
|
-$889K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$699K |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$332K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$237K |
AREX Hedge Fund Activity: Q4 2017 in Review
84 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q4 2017, worth a combined $81.1M — up 52% from $53.5M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new AREX positions and 9 closed out — a net gain of 8 holders — while 28 added to existing stakes and 20 trimmed.
The largest buyer was Kayne Anderson Capital Advisors, opening a new position worth an estimated $16.6M. The largest seller was First Manhattan, cutting an estimated $1.54M.
- 84 institutional investors held Approach Resources Inc. (AREX) as of Q4 2017, up from 76 in Q3 2017.
- Funds reported $81.1M of Approach Resources Inc. stock for Q4 2017, up 52% quarter-over-quarter.
- 17 funds opened new Approach Resources Inc. positions in Q4 2017 and 9 closed out, a net change of +8 holders.
- The largest Approach Resources Inc. buyer in Q4 2017 was Kayne Anderson Capital Advisors, an estimated $16.6M added.
- The largest Approach Resources Inc. seller in Q4 2017 was First Manhattan, an estimated $1.54M sold.
Based on aggregated 13F filings for Q4 2017.