Ring Energy
REI
98 hedge funds and large institutions have $411M invested in Ring Energy in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 54 increasing their positions, 12 reducing their positions, and 11 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 12
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
49% more capital invested
Capital invested by funds: $277M → $411M (+$134M)
13% more funds holding
Funds holding: 87 → 98 (+11)
4.74% more ownership
Funds ownership: 60.57% → 65.31% (+4.7%)
75% less call options, than puts
Call options by funds: $1K | Put options by funds: $4K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$11.1M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$8M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$5.42M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.86M |
| 5 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
+$4.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
GLG Partners
London,
United Kingdom
|
-$7.68M |
| 2 |
IGIM
I.G. Investment Management
Winnipeg,
Manitoba, Canada
|
-$1.48M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$1.3M |
| 4 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$917K |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$610K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DC
101
Deere & Company
Moline,
Illinois
| – | -$575K | -52,499 | Closed |
|
102
Group One Trading
Chicago,
Illinois
| – | -$373K | -34,022 | Closed |
|
|
MCM
103
McKinley Capital Management
Anchorage,
Alaska
| – | -$289K | -26,390 | Closed |
|
104
Millennium Management
New York
| – | -$223K | -20,329 | Closed |
|
105
D.E. Shaw & Co
New York
| – | -$135K | -12,309 | Closed |
|
|
CG
106
Cutler Group
San Francisco,
California
| – | -$19K | -1,736 | Closed |
|
107
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$7K | -616 | Closed |
|
|
TDC
108
Thompson Davis & Co
Richmond,
Virginia
| – | -$4K | -400 | Closed |
|
|
TRCT
109
Tower Research Capital (TRC)
New York
| – | -$3.46K | -299 | -96% |
|
REI Hedge Fund Activity: Q4 2016 in Review
98 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Ring Energy (REI) for Q4 2016, worth a combined $411M — up 49% from $277M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new REI positions and 11 closed out — a net gain of 12 holders — while 54 added to existing stakes and 12 trimmed.
The largest buyer was Formula Growth, adding an estimated $11.1M. The largest seller was GLG Partners, cutting an estimated $7.68M.
- 98 institutional investors held Ring Energy (REI) as of Q4 2016, up from 87 in Q3 2016.
- Funds reported $411M of Ring Energy stock for Q4 2016, up 49% quarter-over-quarter.
- 23 funds opened new Ring Energy positions in Q4 2016 and 11 closed out, a net change of +12 holders.
- The largest Ring Energy buyer in Q4 2016 was Formula Growth, an estimated $11.1M added.
- The largest Ring Energy seller in Q4 2016 was GLG Partners, an estimated $7.68M sold.
Based on aggregated 13F filings for Q4 2016.