Absolute Software Corp
ABST
ABST was delisted on the 26th of July, 2023.
80 hedge funds and large institutions have $288M invested in Absolute Software Corp in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 21 reducing their positions, and 7 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 21
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
3% more funds holding
Funds holding: 78 → 80 (+2)
3% less capital invested
Capital invested by funds: $295M → $288M (-$7.51M)
99% less call options, than puts
Call options by funds: $103K | Put options by funds: $8.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LLL
Lynrock Lake LP
Rye Brook,
New York
|
+$10.7M |
| 2 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$7.26M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.25M |
| 4 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$3.88M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$25.6M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$8.89M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.5M |
| 4 |
Two Sigma Investments
New York
|
-$2.16M |
| 5 |
Two Sigma Advisers
New York
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
First Manhattan
New York
| $6K | +$6.32K | +746 | New |
|
|
SPIA
77
Steward Partners Investment Advisory
New York
| $2K | – | – | – |
|
78
Simplex Trading
Chicago,
Illinois
| $1K | -$41K | -4,838 | -96% |
|
|
LTI
79
Laffer Tengler Investments
Nashville,
Tennessee
| $890 | – | – | – |
|
|
80
Acadian Asset Management
Boston,
Massachusetts
| – | -$2.5M | -294,677 | -100% |
|
81
First Trust Advisors
Wheaton,
Illinois
| – | -$425K | -45,167 | Closed |
|
82
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$263K | -27,951 | Closed |
|
83
Wells Fargo
San Francisco,
California
| – | -$259K | -27,500 | Closed |
|
84
Arrowstreet Capital
Boston,
Massachusetts
| – | -$206K | -21,990 | Closed |
|
|
VI
85
Versor Investments
New York
| – | -$98K | -10,400 | Closed |
|
86
Optiver Holding
Amsterdam,
Netherlands
| – | -$5K | -489 | Closed |
|
87
Group One Trading
Chicago,
Illinois
| – | -$1.7K | -200 | Closed |
|
ABST Hedge Fund Activity: Q1 2022 in Review
80 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Absolute Software Corp (ABST) for Q1 2022, worth a combined $288M — down 2.5% from $295M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new ABST positions and 7 closed out — a net gain of 3 holders — while 35 added to existing stakes and 21 trimmed.
The largest buyer was Lynrock Lake LP, adding an estimated $10.7M. The largest seller was ETF Managers Group, cutting an estimated $25.6M.
- 80 institutional investors held Absolute Software Corp (ABST) as of Q1 2022, up from 78 in Q4 2021.
- Funds reported $288M of Absolute Software Corp stock for Q1 2022, down 2.5% quarter-over-quarter.
- 10 funds opened new Absolute Software Corp positions in Q1 2022 and 7 closed out, a net change of +3 holders.
- The largest Absolute Software Corp buyer in Q1 2022 was Lynrock Lake LP, an estimated $10.7M added.
- The largest Absolute Software Corp seller in Q1 2022 was ETF Managers Group, an estimated $25.6M sold.
Based on aggregated 13F filings for Q1 2022.