Ring Energy
REI
141 hedge funds and large institutions have $274M invested in Ring Energy in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 66 increasing their positions, 32 reducing their positions, and 32 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 32
95% more call options, than puts
Call options by funds: $170K | Put options by funds: $87K
6.91% less ownership
Funds ownership: 95.55% → 88.64% (-6.9%)
10% less funds holding
Funds holding: 156 → 141 (-15)
41% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 32
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
52% less capital invested
Capital invested by funds: $572M → $274M (-$298M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Cannell Capital
Alta,
Wyoming
|
+$10.1M |
| 2 |
DCM
Daruma Capital Management
New York
|
+$8.48M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$8.19M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$5.91M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$4.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$19.3M |
| 2 |
CC
Cannell & Co
New York
|
-$15.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$9.55M |
| 4 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$9.41M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.74M |
REI Hedge Fund Activity: Q4 2018 in Review
141 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Ring Energy (REI) for Q4 2018, worth a combined $274M — down 52% from $572M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of REI and 19 opened new positions — a net loss of 13 holders — while 32 trimmed existing stakes and 66 added.
The largest buyer was Cannell Capital, adding an estimated $10.1M. The largest seller was Formula Growth, cutting an estimated $19.3M.
- 141 institutional investors held Ring Energy (REI) as of Q4 2018, down from 156 in Q3 2018.
- Funds reported $274M of Ring Energy stock for Q4 2018, down 52% quarter-over-quarter.
- 19 funds opened new Ring Energy positions in Q4 2018 and 32 closed out, a net change of -13 holders.
- The largest Ring Energy buyer in Q4 2018 was Cannell Capital, an estimated $10.1M added.
- The largest Ring Energy seller in Q4 2018 was Formula Growth, an estimated $19.3M sold.
Based on aggregated 13F filings for Q4 2018.