Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
85 hedge funds and large institutions have $71.1M invested in Approach Resources Inc. in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 13 closing their positions.
123% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 13
26.23% more ownership
Funds ownership: 0% → 26.23% (+26%)
18% more funds holding
Funds holding: 72 → 85 (+13)
1% more capital inflows, than outflows
Capital inflows: $23.4M | Capital outflows: $23.2M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
22% less call options, than puts
Call options by funds: $452K | Put options by funds: $579K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
+$5.14M |
| 2 |
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$3.3M |
| 3 |
CCPM
Cooper Creek Partners Management
New York
|
+$1.88M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.77M |
| 5 |
SG Capital Management
Chicago,
Illinois
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$9.8M |
| 2 |
First Manhattan
New York
|
-$6.88M |
| 3 |
Cove Street Capital
El Segundo,
California
|
-$2.43M |
| 4 |
Millennium Management
New York
|
-$777K |
| 5 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$491K |
AREX Hedge Fund Activity: Q4 2016 in Review
85 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q4 2016, worth a combined $71.1M — down 3% from $73.3M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new AREX positions and 13 closed out — a net gain of 16 holders — while 19 added to existing stakes and 19 trimmed.
The largest buyer was New Generation Advisors, opening a new position worth an estimated $5.14M. The largest seller was Schneider Capital Management, cutting an estimated $9.8M.
- 85 institutional investors held Approach Resources Inc. (AREX) as of Q4 2016, up from 72 in Q3 2016.
- Funds reported $71.1M of Approach Resources Inc. stock for Q4 2016, down 3% quarter-over-quarter.
- 29 funds opened new Approach Resources Inc. positions in Q4 2016 and 13 closed out, a net change of +16 holders.
- The largest Approach Resources Inc. buyer in Q4 2016 was New Generation Advisors, an estimated $5.14M added.
- The largest Approach Resources Inc. seller in Q4 2016 was Schneider Capital Management, an estimated $9.8M sold.
Based on aggregated 13F filings for Q4 2016.