Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
74 hedge funds and large institutions have $28.9M invested in Approach Resources Inc. in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 28 reducing their positions, and 22 closing their positions.
20% less funds holding
Funds holding: 92 → 74 (-18)
21% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 28
50% less capital invested
Capital invested by funds: $57.6M → $28.9M (-$28.7M)
77% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 22
87% less call options, than puts
Call options by funds: $61K | Put options by funds: $472K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$543K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$494K |
| 3 |
SIM
Spark Investment Management
New York
|
+$323K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$284K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$159K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$2.49M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.47M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.43M |
| 4 |
CSC
Cove Street Capital
El Segundo,
California
|
-$1.14M |
| 5 |
Goldman Sachs
New York
|
-$456K |
AREX Hedge Fund Activity: Q1 2016 in Review
74 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q1 2016, worth a combined $28.9M — down 50% from $57.6M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of AREX and 5 opened new positions — a net loss of 17 holders — while 28 trimmed existing stakes and 22 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $543K. The largest seller was Boston Partners, cutting an estimated $2.49M.
- 74 institutional investors held Approach Resources Inc. (AREX) as of Q1 2016, down from 92 in Q4 2015.
- Funds reported $28.9M of Approach Resources Inc. stock for Q1 2016, down 50% quarter-over-quarter.
- 5 funds opened new Approach Resources Inc. positions in Q1 2016 and 22 closed out, a net change of -17 holders.
- The largest Approach Resources Inc. buyer in Q1 2016 was D.E. Shaw & Co, an estimated $543K added.
- The largest Approach Resources Inc. seller in Q1 2016 was Boston Partners, an estimated $2.49M sold.
Based on aggregated 13F filings for Q1 2016.