Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
151 hedge funds and large institutions have $1.02B invested in Approach Resources Inc. in 2014 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 60 increasing their positions, 46 reducing their positions, and 20 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 46
10% more capital invested
Capital invested by funds: $929M → $1.02B (+$95M)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
1% more funds holding
Funds holding: 150 → 151 (+1)
13% less call options, than puts
Call options by funds: $7.82M | Put options by funds: $9.03M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
+$33.1M |
| 2 |
MCM
Munder Capital Management
Birmingham,
Michigan
|
+$23.3M |
| 3 |
RA
Royce & Associates
New York
|
+$13.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$12.4M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$10.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cambiar Investors
Denver,
Colorado
|
-$27.8M |
| 2 |
Goldman Sachs
New York
|
-$22.3M |
| 3 |
WC
Walthausen & Co
Malta,
New York
|
-$21.1M |
| 4 |
JA
JVL Advisors
Houston,
Texas
|
-$8.34M |
| 5 |
MG
Mitchell Group
Houston,
Texas
|
-$6.92M |
AREX Hedge Fund Activity: Q2 2014 in Review
151 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q2 2014, worth a combined $1.02B — up 10% from $929M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new AREX positions and 20 closed out — a net gain of 1 holder — while 60 added to existing stakes and 46 trimmed.
The largest buyer was RS Investment Management, opening a new position worth an estimated $33.1M. The largest seller was Cambiar Investors, exiting entirely with an estimated $27.8M sold.
- 151 institutional investors held Approach Resources Inc. (AREX) as of Q2 2014, up from 150 in Q1 2014.
- Funds reported $1.02B of Approach Resources Inc. stock for Q2 2014, up 10% quarter-over-quarter.
- 21 funds opened new Approach Resources Inc. positions in Q2 2014 and 20 closed out, a net change of +1 holder.
- The largest Approach Resources Inc. buyer in Q2 2014 was RS Investment Management, an estimated $33.1M added.
- The largest Approach Resources Inc. seller in Q2 2014 was Cambiar Investors, an estimated $27.8M sold.
Based on aggregated 13F filings for Q2 2014.