Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
128 hedge funds and large institutions have $275M invested in Approach Resources Inc. in 2015 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 52 reducing their positions, and 22 closing their positions.
11% more capital invested
Capital invested by funds: $248M → $275M (+$26.2M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less funds holding
Funds holding: 139 → 128 (-11)
27% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 52
45% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 22
63% less call options, than puts
Call options by funds: $2.04M | Put options by funds: $5.56M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$15.2M |
| 2 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$9.09M |
| 3 |
JP Morgan Chase
New York
|
+$3.32M |
| 4 |
VBCP
Vollero Beach Capital Partners
New York
|
+$2.16M |
| 5 |
RIM
RS Investment Management
San Francisco,
California
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
-$2.31M |
| 2 |
BL
Bolton LP
Greenwich,
Connecticut
|
-$2.12M |
| 3 |
Goldman Sachs
New York
|
-$1.94M |
| 4 |
ST
Spot Trading
Chicago,
Illinois
|
-$1.47M |
| 5 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$1.32M |
AREX Hedge Fund Activity: Q2 2015 in Review
128 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q2 2015, worth a combined $275M — up 11% from $248M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of AREX and 12 opened new positions — a net loss of 10 holders — while 52 trimmed existing stakes and 38 added.
The largest buyer was Schneider Capital Management, opening a new position worth an estimated $15.2M. The largest seller was Aberdeen Asset Management, exiting entirely with an estimated $2.31M sold.
- 128 institutional investors held Approach Resources Inc. (AREX) as of Q2 2015, down from 139 in Q1 2015.
- Funds reported $275M of Approach Resources Inc. stock for Q2 2015, up 11% quarter-over-quarter.
- 12 funds opened new Approach Resources Inc. positions in Q2 2015 and 22 closed out, a net change of -10 holders.
- The largest Approach Resources Inc. buyer in Q2 2015 was Schneider Capital Management, an estimated $15.2M added.
- The largest Approach Resources Inc. seller in Q2 2015 was Aberdeen Asset Management, an estimated $2.31M sold.
Based on aggregated 13F filings for Q2 2015.