ACK Asset Management’s Liberty Tax, Inc. Class A TAX Stock Holding History

ACK Asset Management’s Portfolio TAX Stock Details TAX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-205,000	Closed	-$7.33M	–	47
2014 Q4	$7.33M	Sell	205,000 -50,000	-20%	-$1.82M	2.64%	14
2014 Q3	$8.24M	Sell	255,000 -122,561	-32%	-$4.17M	2.96%	14
2014 Q2	$12.6M	Buy	377,561 +134,461	+55%	+$3.76M	3.78%	11
2014 Q1	$6.74M	Buy	+243,100	New	+$6.31M	2.22%	15

Other funds holding TAX

Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

NTCM

Nine Ten Capital Management Chicago, Illinois $315M AUM 62.95% 1-Year Est. Return

Pembroke Management Montreal, Quebec, Canada $691M AUM 27.96% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

PCM

Perritt Capital Management Chicago, Illinois $59.8M AUM 26.94% 1-Year Est. Return

MHP

Manatuck Hill Partners Westport, Connecticut $370M AUM 95.53% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Skylands Capital Milwaukee, Wisconsin $763M AUM 26.49% 1-Year Est. Return

TCM

Tygh Capital Management Portland, Oregon $782M AUM 39.44% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

ACK Asset Management's TAX Position: Q1 2015 in Review

ACK Asset Management sold out of Liberty Tax, Inc. Class A (TAX) in Q1 2015, closing a stake of 205,000 shares — an estimated $7.33M sold.

ACK Asset Management first reported a position in TAX in Q1 2014 and held it in 4 quarters. The position peaked at $12.6M in Q2 2014. 60 funds tracked by Wall St. Rank hold TAX as of Q1 2015.

ACK Asset Management reported no remaining Liberty Tax, Inc. Class A position as of Q1 2015 after selling out during the quarter.
ACK Asset Management sold 205,000 Liberty Tax, Inc. Class A shares in Q1 2015, an estimated $7.33M.
ACK Asset Management first reported a position in Liberty Tax, Inc. Class A in Q1 2014 and held it in 4 quarters.
ACK Asset Management's Liberty Tax, Inc. Class A position peaked at $12.6M in Q2 2014.
60 funds tracked by Wall St. Rank held Liberty Tax, Inc. Class A as of Q1 2015.

Based on ACK Asset Management's 13F filing for Q1 2015, filed 14 May 2015.