Resolute Energy Corporaton
REN
REN was delisted on the 28th of February, 2019.
105 hedge funds and large institutions have $709M invested in Resolute Energy Corporaton in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 32 increasing their positions, 39 reducing their positions, and 24 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
9% more capital invested
Capital invested by funds: $650M → $709M (+$59.4M)
9% less funds holding
Funds holding: 115 → 105 (-10)
13% less call options, than puts
Call options by funds: $18.3M | Put options by funds: $21M
18% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 39
29% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KEM
Kimmeridge Energy Management
New York
|
+$32M |
| 2 |
LPC
Lion Point Capital
New York
|
+$28.3M |
| 3 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$11.5M |
| 4 |
Barclays
London,
United Kingdom
|
+$7.08M |
| 5 |
MAC
Monarch Alternative Capital
New York
|
+$5.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$15M |
| 2 |
CCP
Caymus Capital Partners
The Woodlands,
Texas
|
-$14.5M |
| 3 |
ACG
Anchorage Capital Group
New York
|
-$12M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$11.2M |
| 5 |
JP Morgan Chase
New York
|
-$6.61M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
126
Cutler Group
San Francisco,
California
| – | -$110K | -3,791 | Closed |
|
|
PCM
127
Prelude Capital Management
New York
| – | -$26K | -874 | Closed |
|
|
MAM
128
Meeder Asset Management
Dublin,
Ohio
| – | -$3K | -91 | Closed |
|
129
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$320 | +11 | New |
|
REN Hedge Fund Activity: Q4 2017 in Review
105 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Resolute Energy Corporaton (REN) for Q4 2017, worth a combined $709M — up 9.2% from $650M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of REN and 17 opened new positions — a net loss of 7 holders — while 39 trimmed existing stakes and 32 added.
The largest buyer was Kimmeridge Energy Management, opening a new position worth an estimated $32M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $15M sold.
- 105 institutional investors held Resolute Energy Corporaton (REN) as of Q4 2017, down from 115 in Q3 2017.
- Funds reported $709M of Resolute Energy Corporaton stock for Q4 2017, up 9.2% quarter-over-quarter.
- 17 funds opened new Resolute Energy Corporaton positions in Q4 2017 and 24 closed out, a net change of -7 holders.
- The largest Resolute Energy Corporaton buyer in Q4 2017 was Kimmeridge Energy Management, an estimated $32M added.
- The largest Resolute Energy Corporaton seller in Q4 2017 was Balyasny Asset Management, an estimated $15M sold.
Based on aggregated 13F filings for Q4 2017.