Forbes Energy Services Ltd
FES
FES was delisted on the 18th of November, 2016.
20 hedge funds and large institutions have $1.3M invested in Forbes Energy Services Ltd in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.
9% less funds holding
Funds holding: 22 → 20 (-2)
11.83% less ownership
Funds ownership: 43.54% → 31.71% (-12%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
71% less capital invested
Capital invested by funds: $4.5M → $1.3M (-$3.19M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$30.8K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$12.6K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.08K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$3.73K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$361 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$997K |
| 2 |
AFM
Anson Funds Management
Dallas,
Texas
|
-$179K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$29.9K |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$14.7K |
| 5 |
Goldman Sachs
New York
|
-$1.18K |
FES Hedge Fund Activity: Q2 2016 in Review
20 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Forbes Energy Services Ltd (FES) for Q2 2016, worth a combined $1.3M — down 71% from $4.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FES and 2 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Renaissance Technologies, adding an estimated $30.8K. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $997K sold.
- 20 institutional investors held Forbes Energy Services Ltd (FES) as of Q2 2016, down from 22 in Q1 2016.
- Funds reported $1.3M of Forbes Energy Services Ltd stock for Q2 2016, down 71% quarter-over-quarter.
- 2 funds opened new Forbes Energy Services Ltd positions in Q2 2016 and 4 closed out, a net change of -2 holders.
- The largest Forbes Energy Services Ltd buyer in Q2 2016 was Renaissance Technologies, an estimated $30.8K added.
- The largest Forbes Energy Services Ltd seller in Q2 2016 was Raymond James Financial Services Advisors, an estimated $997K sold.
Based on aggregated 13F filings for Q2 2016.