Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
74 hedge funds and large institutions have $57.8M invested in Approach Resources Inc. in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 25 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
3% more funds holding
Funds holding: 72 → 74 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
40% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 25
62% less capital invested
Capital invested by funds: $152M → $57.8M (-$94.1M)
89% less call options, than puts
Call options by funds: $9K | Put options by funds: $82K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
+$75.8K |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$50.1K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$42.5K |
| 4 |
SG Americas Securities
New York
|
+$37.4K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.2M |
| 2 |
First Manhattan
New York
|
-$589K |
| 3 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$460K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$356K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$185K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Millennium Management
New York
| – | -$53K | -23,980 | Closed |
|
77
Simplex Trading
Chicago,
Illinois
| – | -$6.17K | -4,033 | -95% |
|
|
LWA
78
Lowe Wealth Advisors
Columbia,
Maryland
| – | -$3K | -1,528 | Closed |
|
|
APP
79
Avantax Planning Partners
Dubuque,
Iowa
| – | -$1K | -300 | Closed |
|
AREX Hedge Fund Activity: Q4 2018 in Review
74 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q4 2018, worth a combined $57.8M — down 62% from $152M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new AREX positions and 8 closed out — a net gain of 2 holders — while 15 added to existing stakes and 25 trimmed.
The largest buyer was Oxford Asset Management, opening a new position worth an estimated $75.8K. The largest seller was Vanguard Group, cutting an estimated $1.2M.
- 74 institutional investors held Approach Resources Inc. (AREX) as of Q4 2018, up from 72 in Q3 2018.
- Funds reported $57.8M of Approach Resources Inc. stock for Q4 2018, down 62% quarter-over-quarter.
- 10 funds opened new Approach Resources Inc. positions in Q4 2018 and 8 closed out, a net change of +2 holders.
- The largest Approach Resources Inc. buyer in Q4 2018 was Oxford Asset Management, an estimated $75.8K added.
- The largest Approach Resources Inc. seller in Q4 2018 was Vanguard Group, an estimated $1.2M sold.
Based on aggregated 13F filings for Q4 2018.