Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
63 hedge funds and large institutions have $22.7M invested in Approach Resources Inc. in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 12 increasing their positions, 28 reducing their positions, and 11 closing their positions.
2.32% less ownership
Funds ownership: 70.2% → 67.88% (-2.3%)
15% less funds holding
Funds holding: 74 → 63 (-11)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
57% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 28
61% less capital invested
Capital invested by funds: $57.9M → $22.7M (-$35.1M)
91% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $10K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$59.7K |
| 2 |
State Street
Boston,
Massachusetts
|
+$24.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$20K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$17.5K |
| 5 |
Barclays
London,
United Kingdom
|
+$11.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LC
Lubar & Co
Milwaukee,
Wisconsin
|
-$875K |
| 2 |
BlackRock
New York
|
-$229K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$165K |
| 4 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$160K |
| 5 |
Morgan Stanley
New York
|
-$124K |
AREX Hedge Fund Activity: Q1 2019 in Review
63 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q1 2019, worth a combined $22.7M — down 61% from $57.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of AREX and 1 opened new positions — a net loss of 10 holders — while 28 trimmed existing stakes and 12 added.
The largest buyer was SG Americas Securities, adding an estimated $59.7K. The largest seller was Lubar & Co, exiting entirely with an estimated $875K sold.
- 63 institutional investors held Approach Resources Inc. (AREX) as of Q1 2019, down from 74 in Q4 2018.
- Funds reported $22.7M of Approach Resources Inc. stock for Q1 2019, down 61% quarter-over-quarter.
- 1 fund opened new Approach Resources Inc. positions in Q1 2019 and 11 closed out, a net change of -10 holders.
- The largest Approach Resources Inc. buyer in Q1 2019 was SG Americas Securities, an estimated $59.7K added.
- The largest Approach Resources Inc. seller in Q1 2019 was Lubar & Co, an estimated $875K sold.
Based on aggregated 13F filings for Q1 2019.