Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
114 hedge funds and large institutions have $65.8M invested in Approach Resources Inc. in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 41 reducing their positions, and 29 closing their positions.
11% less funds holding
Funds holding: 128 → 114 (-14)
20% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 41
48% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 29
57% less call options, than puts
Call options by funds: $967K | Put options by funds: $2.24M
76% less capital invested
Capital invested by funds: $274M → $65.8M (-$209M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$5.25M |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
+$4.18M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$3.92M |
| 4 |
First Manhattan
New York
|
+$2.34M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$618K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$26.7M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$4.76M |
| 3 |
LSVM
Lone Star Value Management
Old Greenwich,
Connecticut
|
-$3.31M |
| 4 |
RA
Royce & Associates
New York
|
-$2.35M |
| 5 |
VBCP
Vollero Beach Capital Partners
New York
|
-$1.96M |
AREX Hedge Fund Activity: Q3 2015 in Review
114 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q3 2015, worth a combined $65.8M — down 76% from $274M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of AREX and 15 opened new positions — a net loss of 14 holders — while 41 trimmed existing stakes and 33 added.
The largest buyer was Boston Partners, adding an estimated $5.25M. The largest seller was RS Investment Management, exiting entirely with an estimated $26.7M sold.
- 114 institutional investors held Approach Resources Inc. (AREX) as of Q3 2015, down from 128 in Q2 2015.
- Funds reported $65.8M of Approach Resources Inc. stock for Q3 2015, down 76% quarter-over-quarter.
- 15 funds opened new Approach Resources Inc. positions in Q3 2015 and 29 closed out, a net change of -14 holders.
- The largest Approach Resources Inc. buyer in Q3 2015 was Boston Partners, an estimated $5.25M added.
- The largest Approach Resources Inc. seller in Q3 2015 was RS Investment Management, an estimated $26.7M sold.
Based on aggregated 13F filings for Q3 2015.