Ring Energy
REI
140 hedge funds and large institutions have $162M invested in Ring Energy in 2019 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 62 increasing their positions, 36 reducing their positions, and 20 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 36
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
3% less funds holding
Funds holding: 144 → 140 (-4)
12% less call options, than puts
Call options by funds: $124K | Put options by funds: $141K
12.27% less ownership
Funds ownership: 85.59% → 73.32% (-12%)
49% less capital invested
Capital invested by funds: $318M → $162M (-$156M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$2.9M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$2.39M |
| 3 |
JP Morgan Chase
New York
|
+$2.1M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.06M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFC
Phocas Financial Corp
Alameda,
California
|
-$8.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$5.71M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.53M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.91M |
| 5 |
CC
Cannell Capital
Alta,
Wyoming
|
-$2.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Parallax Volatility Advisers
San Francisco,
California
| – | -$96K | -16,324 | Closed |
|
|
PIA
152
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$89K | -15,159 | Closed |
|
153
Wolverine Trading
Chicago,
Illinois
| – | -$84K | -14,261 | Closed |
|
|
CG
154
Cutler Group
San Francisco,
California
| – | -$36K | -8,100 | -99% |
|
|
FDCDDQ
155
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$45.2K | -7,706 | Closed |
|
|
GAM
156
Gemmer Asset Management
Walnut Creek,
California
| – | -$3K | -551 | Closed |
|
|
GWS
157
Glassman Wealth Services
Vienna,
Virginia
| – | +$316 | +71 | New |
|
REI Hedge Fund Activity: Q2 2019 in Review
140 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Ring Energy (REI) for Q2 2019, worth a combined $162M — down 49% from $318M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of REI and 19 opened new positions — a net loss of 1 holder — while 36 trimmed existing stakes and 62 added.
The largest buyer was United Services Automobile Association, adding an estimated $2.9M. The largest seller was Phocas Financial Corp, exiting entirely with an estimated $8.1M sold.
- 140 institutional investors held Ring Energy (REI) as of Q2 2019, down from 144 in Q1 2019.
- Funds reported $162M of Ring Energy stock for Q2 2019, down 49% quarter-over-quarter.
- 19 funds opened new Ring Energy positions in Q2 2019 and 20 closed out, a net change of -1 holder.
- The largest Ring Energy buyer in Q2 2019 was United Services Automobile Association, an estimated $2.9M added.
- The largest Ring Energy seller in Q2 2019 was Phocas Financial Corp, an estimated $8.1M sold.
Based on aggregated 13F filings for Q2 2019.