Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
58 hedge funds and large institutions have $16.7M invested in Approach Resources Inc. in 2019 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 8 increasing their positions, 20 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less funds holding
Funds holding: 63 → 58 (-5)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
26% less capital invested
Capital invested by funds: $22.7M → $16.7M (-$6.01M)
60% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $13K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$397K |
| 2 |
Goldman Sachs
New York
|
+$61.4K |
| 3 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$34.4K |
| 4 |
Jane Street
New York
|
+$27.2K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$24.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$684K |
| 2 |
NGA
New Generation Advisors
Manchester,
Massachusetts
|
-$544K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$328K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$294K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$192K |
AREX Hedge Fund Activity: Q2 2019 in Review
58 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q2 2019, worth a combined $16.7M — down 26% from $22.7M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of AREX and 14 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 8 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $397K. The largest seller was BlackRock, cutting an estimated $684K.
- 58 institutional investors held Approach Resources Inc. (AREX) as of Q2 2019, down from 63 in Q1 2019.
- Funds reported $16.7M of Approach Resources Inc. stock for Q2 2019, down 26% quarter-over-quarter.
- 14 funds opened new Approach Resources Inc. positions in Q2 2019 and 17 closed out, a net change of -3 holders.
- The largest Approach Resources Inc. buyer in Q2 2019 was Millennium Management, an estimated $397K added.
- The largest Approach Resources Inc. seller in Q2 2019 was BlackRock, an estimated $684K sold.
Based on aggregated 13F filings for Q2 2019.