Montage Resources Corporation Common Stock
MR
MR was delisted on the 12th of November, 2020.
79 hedge funds and large institutions have $402M invested in Montage Resources Corporation Common Stock in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 39 closing their positions.
61% more capital invested
Capital invested by funds: $249M → $402M (+$153M)
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
22% less funds holding
Funds holding: 101 → 79 (-22)
56% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$54.3M |
| 2 |
EECFI
EnCap Energy Capital Fund IX
Houston,
Texas
|
+$40.4M |
| 3 |
ACM
Axar Capital Management
New York
|
+$20M |
| 4 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$15.4M |
| 5 |
AFS
Amtrust Financial Services
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$1.63M |
| 2 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$904K |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$777K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$475K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$279K |
MR Hedge Fund Activity: Q1 2019 in Review
79 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Montage Resources Corporation Common Stock (MR) for Q1 2019, worth a combined $402M — up 61% from $249M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of MR and 17 opened new positions — a net loss of 22 holders — while 21 trimmed existing stakes and 31 added.
The largest buyer was Goldman Sachs, adding an estimated $54.3M. The largest seller was Cortina Asset Management, exiting entirely with an estimated $1.63M sold.
- 79 institutional investors held Montage Resources Corporation Common Stock (MR) as of Q1 2019, down from 101 in Q4 2018.
- Funds reported $402M of Montage Resources Corporation Common Stock stock for Q1 2019, up 61% quarter-over-quarter.
- 17 funds opened new Montage Resources Corporation Common Stock positions in Q1 2019 and 39 closed out, a net change of -22 holders.
- The largest Montage Resources Corporation Common Stock buyer in Q1 2019 was Goldman Sachs, an estimated $54.3M added.
- The largest Montage Resources Corporation Common Stock seller in Q1 2019 was Cortina Asset Management, an estimated $1.63M sold.
Based on aggregated 13F filings for Q1 2019.