Ring Energy
REI
70 hedge funds and large institutions have $81.5M invested in Ring Energy in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 32 increasing their positions, 19 reducing their positions, and 5 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 19
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
1% more funds holding
Funds holding: 69 → 70 (+1)
1.43% more ownership
Funds ownership: 51.67% → 53.1% (+1.4%)
26% less capital invested
Capital invested by funds: $111M → $81.5M (-$29.2M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$2.69M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.21M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.68M |
| 4 |
TCM
Talara Capital Management
Montclair,
New Jersey
|
+$1.43M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$790K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
-$3.68M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.47M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$474K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$441K |
| 5 |
GL
GLG LLC
New York
|
-$414K |
REI Hedge Fund Activity: Q1 2016 in Review
70 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Ring Energy (REI) for Q1 2016, worth a combined $81.5M — down 26% from $111M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new REI positions and 5 closed out — a net gain of 1 holder — while 32 added to existing stakes and 19 trimmed.
The largest buyer was Cannell Capital, adding an estimated $2.69M. The largest seller was William Blair Investment Management, cutting an estimated $3.68M.
- 70 institutional investors held Ring Energy (REI) as of Q1 2016, up from 69 in Q4 2015.
- Funds reported $81.5M of Ring Energy stock for Q1 2016, down 26% quarter-over-quarter.
- 6 funds opened new Ring Energy positions in Q1 2016 and 5 closed out, a net change of +1 holder.
- The largest Ring Energy buyer in Q1 2016 was Cannell Capital, an estimated $2.69M added.
- The largest Ring Energy seller in Q1 2016 was William Blair Investment Management, an estimated $3.68M sold.
Based on aggregated 13F filings for Q1 2016.