Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
139 hedge funds and large institutions have $248M invested in Approach Resources Inc. in 2015 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 38 reducing their positions, and 33 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 38
9% less capital invested
Capital invested by funds: $272M → $248M (-$23.4M)
11% less funds holding
Funds holding: 156 → 139 (-17)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
42% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 33
65% less call options, than puts
Call options by funds: $4.45M | Put options by funds: $12.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$9.49M |
| 2 |
TRSOTSOK
Teachers Retirement System of the State of Kentucky
Frankfort,
Kentucky
|
+$3.18M |
| 3 |
CSC
Cove Street Capital
El Segundo,
California
|
+$2.88M |
| 4 |
BL
Bolton LP
Greenwich,
Connecticut
|
+$2.75M |
| 5 |
LSVI
Lone Star Value Investors
Old Greenwich,
Connecticut
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$14.2M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$8.49M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$8.41M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$7.83M |
| 5 |
RA
Royce & Associates
New York
|
-$3.65M |
AREX Hedge Fund Activity: Q1 2015 in Review
139 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q1 2015, worth a combined $248M — down 8.6% from $272M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of AREX and 19 opened new positions — a net loss of 14 holders — while 38 trimmed existing stakes and 54 added.
The largest buyer was UBS AM, adding an estimated $9.49M. The largest seller was State Street, cutting an estimated $14.2M.
- 139 institutional investors held Approach Resources Inc. (AREX) as of Q1 2015, down from 156 in Q4 2014.
- Funds reported $248M of Approach Resources Inc. stock for Q1 2015, down 8.6% quarter-over-quarter.
- 19 funds opened new Approach Resources Inc. positions in Q1 2015 and 33 closed out, a net change of -14 holders.
- The largest Approach Resources Inc. buyer in Q1 2015 was UBS AM, an estimated $9.49M added.
- The largest Approach Resources Inc. seller in Q1 2015 was State Street, an estimated $14.2M sold.
Based on aggregated 13F filings for Q1 2015.