Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
150 hedge funds and large institutions have $931M invested in Approach Resources Inc. in 2014 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 54 increasing their positions, 43 reducing their positions, and 18 closing their positions.
72% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 18
26% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 43
18% more capital invested
Capital invested by funds: $792M → $931M (+$139M)
9% more funds holding
Funds holding: 138 → 150 (+12)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
41% less call options, than puts
Call options by funds: $5.78M | Put options by funds: $9.83M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JA
JVL Advisors
Houston,
Texas
|
+$33.3M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$19.2M |
| 3 |
TA
Teachers Advisors
New York
|
+$7.87M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$7.49M |
| 5 |
First Manhattan
New York
|
+$7.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$20.9M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$13M |
| 3 |
PP
Peconic Partners
New York
|
-$7.79M |
| 4 |
FIM
Foresters Investment Management
New York
|
-$5.54M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$4.31M |
AREX Hedge Fund Activity: Q1 2014 in Review
150 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q1 2014, worth a combined $931M — up 18% from $792M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new AREX positions and 18 closed out — a net gain of 13 holders — while 54 added to existing stakes and 43 trimmed.
The largest buyer was JVL Advisors, adding an estimated $33.3M. The largest seller was Luther King Capital Management (LKCM), cutting an estimated $20.9M.
- 150 institutional investors held Approach Resources Inc. (AREX) as of Q1 2014, up from 138 in Q4 2013.
- Funds reported $931M of Approach Resources Inc. stock for Q1 2014, up 18% quarter-over-quarter.
- 31 funds opened new Approach Resources Inc. positions in Q1 2014 and 18 closed out, a net change of +13 holders.
- The largest Approach Resources Inc. buyer in Q1 2014 was JVL Advisors, an estimated $33.3M added.
- The largest Approach Resources Inc. seller in Q1 2014 was Luther King Capital Management (LKCM), an estimated $20.9M sold.
Based on aggregated 13F filings for Q1 2014.