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AREX

Approach Resources Inc.
AREX

Delisted

AREX was delisted on the 11th of November, 2019.

134 hedge funds and large institutions have $596M invested in Approach Resources Inc. in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 53 increasing their positions, 41 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 41

11% less funds holding

Funds holding: 151134 (-17)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

42% less capital invested

Capital invested by funds: $1.02B → $596M (-$427M)

53% less call options, than puts

Call options by funds: $6.45M | Put options by funds: $13.6M

57% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 28

Holders
134
Holders Change
-17
Holders Change %
-11.26%
% of All Funds
3.89%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.06%
New
12
Increased
53
Reduced
41
Closed
28
Calls
$6.45M
Puts
$13.6M
Net Calls
-$7.17M
Net Calls Change
-$5.96M
Name Holding Trade Value Shares
Change
Change in
Stake
First Manhattan
1
First Manhattan
New York
$78.5M -$726K -38,875 -0.7%
Bank of Montreal
2
Bank of Montreal
Ontario, Canada
$53.1M -$800K -42,807 -1%
RIM
3
RS Investment Management
California
$40M +$21.1M +1,128,456 +69%
CIP
4
Champlain Investment Partners
Vermont
$36.1M -$1.15M -61,450 -2%
Vanguard Group
5
Vanguard Group
Pennsylvania
$33.1M -$2.64M -141,137 -6%
CSC
6
Cove Street Capital
California
$30.3M +$9.67M +517,685 +33%
Boston Partners
7
Boston Partners
Massachusetts
$28.2M +$8.61M +461,005 +31%
BFA
8
BlackRock Fund Advisors
California
$27.4M -$576K -30,827 -2%
Artisan Partners
9
Artisan Partners
Wisconsin
$26.8M -$4.24M -226,809 -11%
State Street
10
State Street
Massachusetts
$21.4M +$971K +51,996 +4%
ORI
11
Oak Ridge Investments
Illinois
$19.2M -$251K -13,459 -1%
JP Morgan Chase
12
JP Morgan Chase
New York
$16.9M -$637K -34,108 -3%
BIT
13
BlackRock Institutional Trust
California
$14.2M -$446K -23,889 -2%
LC
14
Lubar & Co
Wisconsin
$14.2M
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$13.2M -$108K -5,762 -0.6%
RA
16
Royce & Associates
New York
$13.1M +$4.08M +218,500 +32%
MG
17
Mitchell Group
Texas
$8.29M -$6.1M -326,500 -36%
RFC
18
Russell Frank Company
Washington
$6.42M +$1.67M +89,305 +25%
Northern Trust
19
Northern Trust
Illinois
$6.38M -$1.3M -69,529 -14%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$5.03M +$350K +18,713 +6%
Citadel Advisors
21
Citadel Advisors
Florida
$4.13M +$2.73M +146,224 +105%
OC
22
Oppenheimer & Co
New York
$4.05M +$2.12M +113,672 +69%
Two Sigma Investments
23
Two Sigma Investments
New York
$3.97M +$3.1M +165,706 +154%
USAA
24
United Services Automobile Association
Texas
$3.63M +$1.87M +100,000 +67%
Principal Financial Group
25
Principal Financial Group
Iowa
$3.37M +$41.1K +2,201 +1%

AREX Hedge Fund Activity: Q3 2014 in Review

134 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q3 2014, worth a combined $596M — down 42% from $1.02B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of AREX and 12 opened new positions — a net loss of 16 holders — while 41 trimmed existing stakes and 53 added.

The largest buyer was RS Investment Management, adding an estimated $21.1M. The largest seller was JVL Advisors, exiting entirely with an estimated $35M sold.

  • 134 institutional investors held Approach Resources Inc. (AREX) as of Q3 2014, down from 151 in Q2 2014.
  • Funds reported $596M of Approach Resources Inc. stock for Q3 2014, down 42% quarter-over-quarter.
  • 12 funds opened new Approach Resources Inc. positions in Q3 2014 and 28 closed out, a net change of -16 holders.
  • The largest Approach Resources Inc. buyer in Q3 2014 was RS Investment Management, an estimated $21.1M added.
  • The largest Approach Resources Inc. seller in Q3 2014 was JVL Advisors, an estimated $35M sold.

Based on aggregated 13F filings for Q3 2014.