Abaxis Inc
ABAX
ABAX was delisted on the 31st of July, 2018.
131 hedge funds and large institutions have $1.1B invested in Abaxis Inc in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 53 increasing their positions, 40 reducing their positions, and 16 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 40
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
5% less funds holding
Funds holding: 138 → 131 (-7)
10% less capital invested
Capital invested by funds: $1.22B → $1.1B (-$120M)
64% less call options, than puts
Call options by funds: $785K | Put options by funds: $2.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$133M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$13.7M |
| 3 |
FAM
Fred Alger Management
New York
|
+$6.7M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$6.64M |
| 5 |
State Street
Boston,
Massachusetts
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$18.9M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$16.8M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$11.4M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$9.27M |
| 5 |
CCM
Copeland Capital Management
Conshohocken,
Pennsylvania
|
-$3.9M |
ABAX Hedge Fund Activity: Q1 2017 in Review
131 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Abaxis Inc (ABAX) for Q1 2017, worth a combined $1.1B — down 9.8% from $1.22B a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ABAX and 15 opened new positions — a net loss of 1 holder — while 40 trimmed existing stakes and 53 added.
The largest buyer was BlackRock, adding an estimated $133M. The largest seller was Neuberger Berman Group, cutting an estimated $18.9M.
- 131 institutional investors held Abaxis Inc (ABAX) as of Q1 2017, down from 138 in Q4 2016.
- Funds reported $1.1B of Abaxis Inc stock for Q1 2017, down 9.8% quarter-over-quarter.
- 15 funds opened new Abaxis Inc positions in Q1 2017 and 16 closed out, a net change of -1 holder.
- The largest Abaxis Inc buyer in Q1 2017 was BlackRock, an estimated $133M added.
- The largest Abaxis Inc seller in Q1 2017 was Neuberger Berman Group, an estimated $18.9M sold.
Based on aggregated 13F filings for Q1 2017.