Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
138 hedge funds and large institutions have $792M invested in Approach Resources Inc. in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 51 increasing their positions, 42 reducing their positions, and 27 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
21% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 42
0% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 27
1% less funds holding
Funds holding: 139 → 138 (-1)
30% less capital invested
Capital invested by funds: $1.13B → $792M (-$341M)
43% less call options, than puts
Call options by funds: $2.75M | Put options by funds: $4.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$50.4M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
+$25.7M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$10.4M |
| 4 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$9.59M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$5.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$48.4M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$31.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$18.7M |
| 4 |
Goldman Sachs
New York
|
-$15.9M |
| 5 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
-$15.5M |
AREX Hedge Fund Activity: Q4 2013 in Review
138 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q4 2013, worth a combined $792M — down 30% from $1.13B a quarter earlier.
Fund positioning in AREX was balanced in Q4 2013: 27 funds opened new positions, 27 closed out, 51 added to existing stakes and 42 trimmed.
The largest buyer was Artisan Partners, opening a new position worth an estimated $50.4M. The largest seller was Ranger Investment Management, exiting entirely with an estimated $48.4M sold.
- 138 institutional investors held Approach Resources Inc. (AREX) as of Q4 2013, down from 139 in Q3 2013.
- Funds reported $792M of Approach Resources Inc. stock for Q4 2013, down 30% quarter-over-quarter.
- 27 funds opened new Approach Resources Inc. positions in Q4 2013 and 27 closed out, a net change of 0 holders.
- The largest Approach Resources Inc. buyer in Q4 2013 was Artisan Partners, an estimated $50.4M added.
- The largest Approach Resources Inc. seller in Q4 2013 was Ranger Investment Management, an estimated $48.4M sold.
Based on aggregated 13F filings for Q4 2013.