Forbes Energy Services Ltd
FES
FES was delisted on the 18th of November, 2016.
32 hedge funds and large institutions have $27.6M invested in Forbes Energy Services Ltd in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32.42% more ownership
Funds ownership: 0% → 32.42% (+32%)
14% more capital invested
Capital invested by funds: $24.2M → $27.6M (+$3.36M)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
9% less funds holding
Funds holding: 35 → 32 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.19M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$178K |
| 3 |
MCM
Mast Capital Management
Boston,
Massachusetts
|
+$89.2K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$75.4K |
| 5 |
Morgan Stanley
New York
|
+$36.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JG
Jefferies Group
New York
|
-$1.44M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$850K |
| 3 |
RCA
Restructuring Capital Associates
Stamford,
Connecticut
|
-$466K |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$74K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$54K |
FES Hedge Fund Activity: Q1 2014 in Review
32 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Forbes Energy Services Ltd (FES) for Q1 2014, worth a combined $27.6M — up 14% from $24.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FES and 3 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $1.19M. The largest seller was Jefferies Group, cutting an estimated $1.44M.
- 32 institutional investors held Forbes Energy Services Ltd (FES) as of Q1 2014, down from 35 in Q4 2013.
- Funds reported $27.6M of Forbes Energy Services Ltd stock for Q1 2014, up 14% quarter-over-quarter.
- 3 funds opened new Forbes Energy Services Ltd positions in Q1 2014 and 6 closed out, a net change of -3 holders.
- The largest Forbes Energy Services Ltd buyer in Q1 2014 was Fidelity Investments, an estimated $1.19M added.
- The largest Forbes Energy Services Ltd seller in Q1 2014 was Jefferies Group, an estimated $1.44M sold.
Based on aggregated 13F filings for Q1 2014.