Ring Energy
REI
156 hedge funds and large institutions have $572M invested in Ring Energy in 2018 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 63 increasing their positions, 45 reducing their positions, and 22 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 45
0.5% less ownership
Funds ownership: 96.05% → 95.55% (-0.5%)
4% less funds holding
Funds holding: 163 → 156 (-7)
22% less capital invested
Capital invested by funds: $732M → $572M (-$161M)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
73% less call options, than puts
Call options by funds: $149K | Put options by funds: $553K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$10.4M |
| 2 |
BlackRock
New York
|
+$9.76M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$7.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$4.74M |
| 5 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Daruma Capital Management
New York
|
-$12.8M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$7.12M |
| 3 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$6.63M |
| 4 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$4.79M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$3.51M |
REI Hedge Fund Activity: Q3 2018 in Review
156 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Ring Energy (REI) for Q3 2018, worth a combined $572M — down 22% from $732M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of REI and 17 opened new positions — a net loss of 5 holders — while 45 trimmed existing stakes and 63 added.
The largest buyer was Franklin Resources, adding an estimated $10.4M. The largest seller was Daruma Capital Management, cutting an estimated $12.8M.
- 156 institutional investors held Ring Energy (REI) as of Q3 2018, down from 163 in Q2 2018.
- Funds reported $572M of Ring Energy stock for Q3 2018, down 22% quarter-over-quarter.
- 17 funds opened new Ring Energy positions in Q3 2018 and 22 closed out, a net change of -5 holders.
- The largest Ring Energy buyer in Q3 2018 was Franklin Resources, an estimated $10.4M added.
- The largest Ring Energy seller in Q3 2018 was Daruma Capital Management, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2018.