Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
39 hedge funds and large institutions have $7.62M invested in Approach Resources Inc. in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 14 reducing their positions, and 21 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
33% less funds holding
Funds holding: 58 → 39 (-19)
54% less capital invested
Capital invested by funds: $16.7M → $7.62M (-$9.09M)
71% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 14
86% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 21
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$94.9K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.7K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$20.9K |
| 4 |
VF
Virtu Financial
New York
|
+$8.73K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$4.19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$246K |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$145K |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$122K |
| 4 |
Goldman Sachs
New York
|
-$91K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$76.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Group One Trading
Chicago,
Illinois
| – | -$717 | -3,200 | -80% |
|
|
AG
52
Aperio Group
Sausalito,
California
| – | -$1K | -3,011 | Closed |
|
53
Wells Fargo
San Francisco,
California
| – | -$612 | -2,728 | -100% |
|
|
AG
54
Advisor Group
Phoenix,
Arizona
| – | +$22 | +100 | New |
|
AREX Hedge Fund Activity: Q3 2019 in Review
39 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q3 2019, worth a combined $7.62M — down 54% from $16.7M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of AREX and 3 opened new positions — a net loss of 18 holders — while 14 trimmed existing stakes and 4 added.
The largest buyer was Victory Capital Management, opening a new position worth an estimated $94.9K. The largest seller was Millennium Management, cutting an estimated $246K.
- 39 institutional investors held Approach Resources Inc. (AREX) as of Q3 2019, down from 58 in Q2 2019.
- Funds reported $7.62M of Approach Resources Inc. stock for Q3 2019, down 54% quarter-over-quarter.
- 3 funds opened new Approach Resources Inc. positions in Q3 2019 and 21 closed out, a net change of -18 holders.
- The largest Approach Resources Inc. buyer in Q3 2019 was Victory Capital Management, an estimated $94.9K added.
- The largest Approach Resources Inc. seller in Q3 2019 was Millennium Management, an estimated $246K sold.
Based on aggregated 13F filings for Q3 2019.