Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
79 hedge funds and large institutions have $71.5M invested in Approach Resources Inc. in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 28 reducing their positions, and 14 closing their positions.
6% less funds holding
Funds holding: 84 → 79 (-5)
12% less capital invested
Capital invested by funds: $81.1M → $71.5M (-$9.59M)
21% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 28
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 14
90% less call options, than puts
Call options by funds: $436K | Put options by funds: $4.38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$2.62M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$1.82M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.75M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$1.22M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.45M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$1.48M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$1.44M |
| 4 |
BlackRock
New York
|
-$698K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$389K |
AREX Hedge Fund Activity: Q1 2018 in Review
79 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q1 2018, worth a combined $71.5M — down 12% from $81.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of AREX and 9 opened new positions — a net loss of 5 holders — while 28 trimmed existing stakes and 22 added.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $2.62M. The largest seller was Guggenheim Capital, cutting an estimated $3.45M.
- 79 institutional investors held Approach Resources Inc. (AREX) as of Q1 2018, down from 84 in Q4 2017.
- Funds reported $71.5M of Approach Resources Inc. stock for Q1 2018, down 12% quarter-over-quarter.
- 9 funds opened new Approach Resources Inc. positions in Q1 2018 and 14 closed out, a net change of -5 holders.
- The largest Approach Resources Inc. buyer in Q1 2018 was Kayne Anderson Capital Advisors, an estimated $2.62M added.
- The largest Approach Resources Inc. seller in Q1 2018 was Guggenheim Capital, an estimated $3.45M sold.
Based on aggregated 13F filings for Q1 2018.