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AREX

Approach Resources Inc.
AREX

Delisted

AREX was delisted on the 11th of November, 2019.

72 hedge funds and large institutions have $152M invested in Approach Resources Inc. in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

0% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 6

1% less funds holding

Funds holding: 7372 (-1)

13% less capital invested

Capital invested by funds: $174M → $152M (-$22.1M)

27% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 26

91% less call options, than puts

Call options by funds: $24K | Put options by funds: $256K

Holders
72
Holders Change
-1
Holders Change %
-1.37%
% of All Funds
1.65%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
6
Increased
19
Reduced
26
Closed
6
Calls
$24K
Puts
$256K
Net Calls
-$232K
Net Calls Change
+$1.01M
Name Holding Trade Value Shares
Change
Change in
Stake
WB
1
Wilks Brothers
Texas
$101M
KACA
2
Kayne Anderson Capital Advisors
California
$10.1M -$5.03M -2,222,081 -33%
BlackRock
3
BlackRock
New York
$7.77M -$43.4K -19,160 -0.5%
Vanguard Group
4
Vanguard Group
Pennsylvania
$4.91M -$56.9K -25,125 -1%
NGA
5
New Generation Advisors
Massachusetts
$4.15M +$17.2K +7,600 +0.4%
California Public Employees Retirement System
6
California Public Employees Retirement System
California
$2.58M
BCM
7
Bridgeway Capital Management
Texas
$2.25M +$96.5K +42,600 +4%
LC
8
Lubar & Co
Wisconsin
$2.24M
GC
9
Guggenheim Capital
Illinois
$2.13M -$86.1K -37,990 -4%
First Manhattan
10
First Manhattan
New York
$1.43M -$126K -55,831 -8%
State Street
11
State Street
Massachusetts
$1.39M +$45.9K +20,273 +3%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$1.11M +$32K +14,140 +3%
Northern Trust
13
Northern Trust
Illinois
$1.1M +$11.7K +5,161 +1%
USAA
14
United Services Automobile Association
Texas
$936K
TCIM
15
TIAA CREF Investment Management
New York
$683K -$70K -30,897 -9%
Morgan Stanley
16
Morgan Stanley
New York
$670K -$248K -109,356 -27%
TA
17
Teachers Advisors
New York
$635K -$9.88K -4,363 -2%
OC
18
Oppenheimer & Co
New York
$560K -$446 -197 -0.1%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$551K -$42.4K -18,707 -7%
PAM
20
Panagora Asset Management
Massachusetts
$487K -$665K -293,644 -57%
Invesco
21
Invesco
Georgia
$465K -$25.5K -11,273 -5%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$407K -$382K -168,673 -48%
Bank of America
23
Bank of America
North Carolina
$381K +$30.2K +13,348 +8%
Dimensional Fund Advisors
24
Dimensional Fund Advisors
Texas
$360K
GCP
25
GSA Capital Partners
United Kingdom
$356K -$92K -40,595 -20%

AREX Hedge Fund Activity: Q3 2018 in Review

72 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q3 2018, worth a combined $152M — down 13% from $174M a quarter earlier.

Fund positioning in AREX was balanced in Q3 2018: 6 funds opened new positions, 6 closed out, 19 added to existing stakes and 26 trimmed.

The largest buyer was Bridgeway Capital Management, adding an estimated $96.5K. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $5.03M.

  • 72 institutional investors held Approach Resources Inc. (AREX) as of Q3 2018, down from 73 in Q2 2018.
  • Funds reported $152M of Approach Resources Inc. stock for Q3 2018, down 13% quarter-over-quarter.
  • 6 funds opened new Approach Resources Inc. positions in Q3 2018 and 6 closed out, a net change of 0 holders.
  • The largest Approach Resources Inc. buyer in Q3 2018 was Bridgeway Capital Management, an estimated $96.5K added.
  • The largest Approach Resources Inc. seller in Q3 2018 was Kayne Anderson Capital Advisors, an estimated $5.03M sold.

Based on aggregated 13F filings for Q3 2018.