Ring Energy
REI
95 hedge funds and large institutions have $350M invested in Ring Energy in 2017 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 29 reducing their positions, and 19 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 29
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
0.48% more ownership
Funds ownership: 65.31% → 65.79% (+0.48%)
3% less funds holding
Funds holding: 98 → 95 (-3)
15% less capital invested
Capital invested by funds: $411M → $350M (-$61.6M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $149K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$32M |
| 2 |
ECA
Encompass Capital Advisors
New York
|
+$10.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$6.04M |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$5.81M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$5.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$7.06M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$5.79M |
| 3 |
SAAM
Solus Alternative Asset Management
Summit,
New Jersey
|
-$5.2M |
| 4 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$4.44M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PL
101
Parkwood LLC
Cleveland,
Ohio
| – | -$1.23M | -78,782 | Closed |
|
102
JP Morgan Chase
New York
| – | -$824K | -63,429 | Closed |
|
103
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$620K | -51,036 | Closed |
|
104
Citadel Advisors
Miami,
Florida
| – | -$660K | -50,846 | Closed |
|
|
PAG
105
Private Advisor Group
Morristown,
New Jersey
| – | -$424K | -31,500 | Closed |
|
106
Two Sigma Investments
New York
| – | -$386K | -29,750 | Closed |
|
|
ARTA
107
A.R.T. Advisors
New York
| – | -$372K | -28,700 | Closed |
|
108
Squarepoint
New York
| – | -$314K | -24,188 | Closed |
|
|
EMG
109
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$244K | -18,800 | Closed |
|
|
UCFA
110
United Capital Financial Advisors
Irving,
Texas
| – | -$224K | -17,231 | Closed |
|
|
JMPWA
111
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$130K | -10,000 | Closed |
|
|
PA
112
Parallel Advisors
San Francisco,
California
| – | -$13K | -1,000 | Closed |
|
113
Creative Planning
Overland Park,
Kansas
| – | -$8K | -600 | Closed |
|
REI Hedge Fund Activity: Q1 2017 in Review
95 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Ring Energy (REI) for Q1 2017, worth a combined $350M — down 15% from $411M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new REI positions and 19 closed out — a net gain of 2 holders — while 35 added to existing stakes and 29 trimmed.
The largest buyer was BlackRock, adding an estimated $32M. The largest seller was Penn Capital Management, cutting an estimated $7.06M.
- 95 institutional investors held Ring Energy (REI) as of Q1 2017, down from 98 in Q4 2016.
- Funds reported $350M of Ring Energy stock for Q1 2017, down 15% quarter-over-quarter.
- 21 funds opened new Ring Energy positions in Q1 2017 and 19 closed out, a net change of +2 holders.
- The largest Ring Energy buyer in Q1 2017 was BlackRock, an estimated $32M added.
- The largest Ring Energy seller in Q1 2017 was Penn Capital Management, an estimated $7.06M sold.
Based on aggregated 13F filings for Q1 2017.