Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
139 hedge funds and large institutions have $1.13B invested in Approach Resources Inc. in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 63 increasing their positions, 35 reducing their positions, and 18 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 35
28% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 18
3% more funds holding
Funds holding: 135 → 139 (+4)
3% more capital invested
Capital invested by funds: $1.1B → $1.13B (+$37.4M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less call options, than puts
Call options by funds: $5.1M | Put options by funds: $7.12M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$24.7M |
| 2 |
FIM
Foresters Investment Management
New York
|
+$9.52M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$9.17M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.51M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$4.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$25.6M |
| 2 |
Bank of New York Mellon
New York
|
-$22.1M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$9.93M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$9.54M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$8.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
151
Paloma Partners
Greenwich,
Connecticut
| – | -$614K | -25,000 | Closed |
|
|
AL
152
Airain Ltd
St. Peter Port,
Guernsey
| – | -$514K | -20,900 | Closed |
|
|
MWNA
153
Marshall Wace North America
New York
| – | -$445K | -18,125 | Closed |
|
154
Fidelity Investments
Boston,
Massachusetts
| – | -$356K | -14,486 | Closed |
|
|
HAMF
155
Hatteras Alternative Mutual Funds
Raleigh,
North Carolina
| – | -$328K | -13,339 | Closed |
|
156
Jane Street
New York
| – | -$241K | -9,791 | Closed |
|
|
AG
157
Aperio Group
Sausalito,
California
| – | -$214K | -8,706 | Closed |
|
AREX Hedge Fund Activity: Q3 2013 in Review
139 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q3 2013, worth a combined $1.13B — up 3.4% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new AREX positions and 18 closed out — a net gain of 5 holders — while 63 added to existing stakes and 35 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $24.7M. The largest seller was Goldman Sachs, cutting an estimated $25.6M.
- 139 institutional investors held Approach Resources Inc. (AREX) as of Q3 2013, up from 135 in Q2 2013.
- Funds reported $1.13B of Approach Resources Inc. stock for Q3 2013, up 3.4% quarter-over-quarter.
- 23 funds opened new Approach Resources Inc. positions in Q3 2013 and 18 closed out, a net change of +5 holders.
- The largest Approach Resources Inc. buyer in Q3 2013 was Bank of Montreal, an estimated $24.7M added.
- The largest Approach Resources Inc. seller in Q3 2013 was Goldman Sachs, an estimated $25.6M sold.
Based on aggregated 13F filings for Q3 2013.