Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
72 hedge funds and large institutions have $152M invested in Approach Resources Inc. in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 6 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
1% less funds holding
Funds holding: 73 → 72 (-1)
13% less capital invested
Capital invested by funds: $174M → $152M (-$22.1M)
27% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 26
91% less call options, than puts
Call options by funds: $24K | Put options by funds: $256K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$96.5K |
| 2 |
Millennium Management
New York
|
+$54.3K |
| 3 |
Charles Schwab
San Francisco,
California
|
+$49.9K |
| 4 |
State Street
Boston,
Massachusetts
|
+$45.9K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$5.03M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$665K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$382K |
| 4 |
Morgan Stanley
New York
|
-$248K |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$156K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$3K | -1,339 | Closed |
|
|
PIA
77
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$2K | -782 | Closed |
|
AREX Hedge Fund Activity: Q3 2018 in Review
72 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q3 2018, worth a combined $152M — down 13% from $174M a quarter earlier.
Fund positioning in AREX was balanced in Q3 2018: 6 funds opened new positions, 6 closed out, 19 added to existing stakes and 26 trimmed.
The largest buyer was Bridgeway Capital Management, adding an estimated $96.5K. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $5.03M.
- 72 institutional investors held Approach Resources Inc. (AREX) as of Q3 2018, down from 73 in Q2 2018.
- Funds reported $152M of Approach Resources Inc. stock for Q3 2018, down 13% quarter-over-quarter.
- 6 funds opened new Approach Resources Inc. positions in Q3 2018 and 6 closed out, a net change of 0 holders.
- The largest Approach Resources Inc. buyer in Q3 2018 was Bridgeway Capital Management, an estimated $96.5K added.
- The largest Approach Resources Inc. seller in Q3 2018 was Kayne Anderson Capital Advisors, an estimated $5.03M sold.
Based on aggregated 13F filings for Q3 2018.