Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
80 hedge funds and large institutions have $70.9M invested in Approach Resources Inc. in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 27 increasing their positions, 17 reducing their positions, and 25 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 17
31% more capital invested
Capital invested by funds: $54.1M → $70.9M (+$16.8M)
0% more funds holding
Funds holding: 80 → 80 (0)
0% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 25
39% less call options, than puts
Call options by funds: $746K | Put options by funds: $1.21M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.93M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$1.49M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.22M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.05M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$905K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$4.04M |
| 2 |
MAMNY
Marathon Asset Management (New York)
New York
|
-$2.94M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.72M |
| 4 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$1.53M |
| 5 |
SIM
Spark Investment Management
New York
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Simplex Trading
Chicago,
Illinois
| – | -$3.56K | -1,368 | -99% |
|
|
OCM
102
Oakview Capital Management
Dallas,
Texas
| – | -$3K | -1,000 | Closed |
|
|
WP
103
WealthPLAN Partners
Omaha,
Nebraska
| – | -$2.02K | -800 | Closed |
|
|
HI
104
Hudock Inc
Williamsport,
Pennsylvania
| – | +$252 | +97 | New |
|
105
Citigroup
New York
| – | +$286 | +110 | New |
|
AREX Hedge Fund Activity: Q2 2017 in Review
80 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q2 2017, worth a combined $70.9M — up 31% from $54.1M a quarter earlier.
Fund positioning in AREX was balanced in Q2 2017: 25 funds opened new positions, 25 closed out, 27 added to existing stakes and 17 trimmed.
The largest buyer was BlackRock, adding an estimated $4.93M. The largest seller was New Generation Advisors, exiting entirely with an estimated $4.04M sold.
- 80 institutional investors held Approach Resources Inc. (AREX) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $70.9M of Approach Resources Inc. stock for Q2 2017, up 31% quarter-over-quarter.
- 25 funds opened new Approach Resources Inc. positions in Q2 2017 and 25 closed out, a net change of 0 holders.
- The largest Approach Resources Inc. buyer in Q2 2017 was BlackRock, an estimated $4.93M added.
- The largest Approach Resources Inc. seller in Q2 2017 was New Generation Advisors, an estimated $4.04M sold.
Based on aggregated 13F filings for Q2 2017.