Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
73 hedge funds and large institutions have $174M invested in Approach Resources Inc. in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 10 closing their positions.
143% more capital invested
Capital invested by funds: $71.5M → $174M (+$103M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
8% less funds holding
Funds holding: 79 → 73 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
88% less call options, than puts
Call options by funds: $174K | Put options by funds: $1.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$967K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$950K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$483K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$243K |
| 5 |
Bank of New York Mellon
New York
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$2.19M |
| 2 |
Group One Trading
Chicago,
Illinois
|
-$986K |
| 3 |
CP
Centerbridge Partners
New York
|
-$806K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$641K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$391K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
B
76
Barings
Charlotte,
North Carolina
| – | -$79K | -30,425 | Closed |
|
77
Millennium Management
New York
| – | -$74K | -28,466 | Closed |
|
|
VF
78
Virtu Financial
New York
| – | -$49K | -18,756 | Closed |
|
|
ARTA
79
A.R.T. Advisors
New York
| – | -$46K | -17,867 | Closed |
|
80
SG Americas Securities
New York
| – | -$39K | -14,988 | Closed |
|
81
Simplex Trading
Chicago,
Illinois
| – | -$15K | -5,958 | Closed |
|
82
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$3K | -1,307 | Closed |
|
|
APP
83
Avantax Planning Partners
Dubuque,
Iowa
| – | -$1K | -300 | Closed |
|
AREX Hedge Fund Activity: Q2 2018 in Review
73 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q2 2018, worth a combined $174M — up 143% from $71.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of AREX and 4 opened new positions — a net loss of 6 holders — while 21 trimmed existing stakes and 26 added.
The largest buyer was BlackRock, adding an estimated $967K. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $2.19M.
- 73 institutional investors held Approach Resources Inc. (AREX) as of Q2 2018, down from 79 in Q1 2018.
- Funds reported $174M of Approach Resources Inc. stock for Q2 2018, up 143% quarter-over-quarter.
- 4 funds opened new Approach Resources Inc. positions in Q2 2018 and 10 closed out, a net change of -6 holders.
- The largest Approach Resources Inc. buyer in Q2 2018 was BlackRock, an estimated $967K added.
- The largest Approach Resources Inc. seller in Q2 2018 was Kayne Anderson Capital Advisors, an estimated $2.19M sold.
Based on aggregated 13F filings for Q2 2018.