Forbes Energy Services Ltd
FES
FES was delisted on the 18th of November, 2016.
26 hedge funds and large institutions have $9.27M invested in Forbes Energy Services Ltd in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 10 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
16% less funds holding
Funds holding: 31 → 26 (-5)
17% less capital invested
Capital invested by funds: $11.1M → $9.27M (-$1.88M)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$256K |
| 2 |
MCM
Mast Capital Management
Boston,
Massachusetts
|
+$227K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$53.1K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$39K |
| 5 |
Renaissance Technologies
New York
|
+$23.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$780K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$106K |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$41.3K |
| 4 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$41K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$40K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KCM
26
Kennedy Capital Management
St Louis,
Missouri
| – | -$780K | -644,740 | Closed |
|
|
27
Dimensional Fund Advisors
Austin,
Texas
| – | -$106K | -87,967 | Closed |
|
|
SKK
28
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$41K | -34,000 | Closed |
|
|
VKH
29
Virtu KCG Holdings
New York
| – | -$40K | -33,413 | Closed |
|
|
TDC
30
Thompson Davis & Co
Richmond,
Virginia
| – | -$20K | -16,900 | Closed |
|
|
AGM
31
Alpine Global Management
New York
| – | -$15K | -12,051 | Closed |
|
|
NFA
32
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$1K | -800 | Closed |
|
33
Citigroup
New York
| – | -$1K | -584 | Closed |
|
FES Hedge Fund Activity: Q1 2015 in Review
26 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Forbes Energy Services Ltd (FES) for Q1 2015, worth a combined $9.27M — down 17% from $11.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FES and 5 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Fidelity Investments, adding an estimated $256K. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $780K sold.
- 26 institutional investors held Forbes Energy Services Ltd (FES) as of Q1 2015, down from 31 in Q4 2014.
- Funds reported $9.27M of Forbes Energy Services Ltd stock for Q1 2015, down 17% quarter-over-quarter.
- 5 funds opened new Forbes Energy Services Ltd positions in Q1 2015 and 10 closed out, a net change of -5 holders.
- The largest Forbes Energy Services Ltd buyer in Q1 2015 was Fidelity Investments, an estimated $256K added.
- The largest Forbes Energy Services Ltd seller in Q1 2015 was Kennedy Capital Management, an estimated $780K sold.
Based on aggregated 13F filings for Q1 2015.