Absolute Software Corp
ABST
ABST was delisted on the 26th of July, 2023.
76 hedge funds and large institutions have $309M invested in Absolute Software Corp in 2022 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 10 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
38% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 24
8% more capital invested
Capital invested by funds: $288M → $309M (+$21.7M)
5% less funds holding
Funds holding: 80 → 76 (-4)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
98% less call options, than puts
Call options by funds: $125K | Put options by funds: $5.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LLL
Lynrock Lake LP
Rye Brook,
New York
|
+$11.4M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$8.22M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$2M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.71M |
| 5 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$3.22M |
| 2 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$2.64M |
| 3 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$2.55M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$1.76M |
| 5 |
Citigroup
New York
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTI
76
Laffer Tengler Investments
Nashville,
Tennessee
| $908 | – | – | – |
|
|
RIM
77
Ranger Investment Management
Dallas,
Texas
| – | -$2.64M | -311,827 | Closed |
|
|
78
Russell Investments Group
London,
United Kingdom
| – | -$1.76M | -208,285 | Closed |
|
79
Two Sigma Investments
New York
| – | -$1.24M | -146,705 | Closed |
|
|
SM
80
Senvest Management
New York
| – | -$1.21M | -143,014 | Closed |
|
81
UBS AM
Chicago,
Illinois
| – | -$585K | -69,204 | Closed |
|
82
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$205K | -24,211 | Closed |
|
|
SC
83
Scotia Capital
Toronto,
Ontario, Canada
| – | -$128K | -15,094 | Closed |
|
84
CIBC World Market
Toronto,
Ontario, Canada
| – | -$108K | -12,748 | Closed |
|
85
Simplex Trading
Chicago,
Illinois
| – | -$1.81K | -216 | Closed |
|
ABST Hedge Fund Activity: Q2 2022 in Review
76 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Absolute Software Corp (ABST) for Q2 2022, worth a combined $309M — up 7.6% from $288M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ABST and 7 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 33 added.
The largest buyer was Lynrock Lake LP, adding an estimated $11.4M. The largest seller was Renaissance Technologies, cutting an estimated $3.22M.
- 76 institutional investors held Absolute Software Corp (ABST) as of Q2 2022, down from 80 in Q1 2022.
- Funds reported $309M of Absolute Software Corp stock for Q2 2022, up 7.6% quarter-over-quarter.
- 7 funds opened new Absolute Software Corp positions in Q2 2022 and 10 closed out, a net change of -3 holders.
- The largest Absolute Software Corp buyer in Q2 2022 was Lynrock Lake LP, an estimated $11.4M added.
- The largest Absolute Software Corp seller in Q2 2022 was Renaissance Technologies, an estimated $3.22M sold.
Based on aggregated 13F filings for Q2 2022.