Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
92 hedge funds and large institutions have $57.6M invested in Approach Resources Inc. in 2015 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 22 increasing their positions, 37 reducing their positions, and 36 closing their positions.
13% less capital invested
Capital invested by funds: $65.9M → $57.6M (-$8.3M)
19% less funds holding
Funds holding: 114 → 92 (-22)
36% less call options, than puts
Call options by funds: $1.35M | Put options by funds: $2.1M
41% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 37
58% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.96M |
| 2 |
Goldman Sachs
New York
|
+$1M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$830K |
| 4 |
Millennium Management
New York
|
+$564K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$468K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$2.92M |
| 2 |
First Manhattan
New York
|
-$2.69M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.41M |
| 4 |
CSC
Cove Street Capital
El Segundo,
California
|
-$1.36M |
| 5 |
Bank of New York Mellon
New York
|
-$1.07M |
AREX Hedge Fund Activity: Q4 2015 in Review
92 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q4 2015, worth a combined $57.6M — down 13% from $65.9M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of AREX and 15 opened new positions — a net loss of 21 holders — while 37 trimmed existing stakes and 22 added.
The largest buyer was First Trust Advisors, adding an estimated $1.96M. The largest seller was BlackRock Fund Advisors, cutting an estimated $2.92M.
- 92 institutional investors held Approach Resources Inc. (AREX) as of Q4 2015, down from 114 in Q3 2015.
- Funds reported $57.6M of Approach Resources Inc. stock for Q4 2015, down 13% quarter-over-quarter.
- 15 funds opened new Approach Resources Inc. positions in Q4 2015 and 36 closed out, a net change of -21 holders.
- The largest Approach Resources Inc. buyer in Q4 2015 was First Trust Advisors, an estimated $1.96M added.
- The largest Approach Resources Inc. seller in Q4 2015 was BlackRock Fund Advisors, an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2015.