Absolute Software Corp
ABST
ABST was delisted on the 26th of July, 2023.
82 hedge funds and large institutions have $466M invested in Absolute Software Corp in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
51% more capital invested
Capital invested by funds: $309M → $466M (+$156M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
8% more funds holding
Funds holding: 76 → 82 (+6)
99% less call options, than puts
Call options by funds: $58K | Put options by funds: $9.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Legal & General Group
London,
United Kingdom
|
+$27.1M |
| 2 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
+$6.56M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$6.15M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$3.03M |
| 5 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.92M |
| 3 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$2.09M |
| 4 |
JP Morgan Chase
New York
|
-$1.28M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
First Manhattan
New York
| $8K | – | – | – |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| $7K | -$16.9K | -1,663 | -73% |
|
78
Barclays
London,
United Kingdom
| $7K | +$5.09K | +500 | +500% |
|
|
MHR
79
Matthew Hamilton Rosenberg
| $6K | – | – | – |
|
|
SPIA
80
Steward Partners Investment Advisory
New York
| $5K | – | – | – |
|
81
Bank of Montreal
Toronto,
Ontario, Canada
| $1.97K | -$77.2K | -7,578 | -4% |
|
|
LTI
82
Laffer Tengler Investments
Nashville,
Tennessee
| $1.22K | – | – | – |
|
|
EMG
83
ETF Managers Group
Summit,
New Jersey
| – | -$2.09M | -242,116 | Closed |
|
84
Millennium Management
New York
| – | -$853K | -98,884 | Closed |
|
|
VI
85
Versor Investments
New York
| – | -$456K | -52,900 | Closed |
|
86
Marshall Wace
London,
United Kingdom
| – | -$155K | -17,878 | Closed |
|
|
PP
87
PDT Partners
New York
| – | -$150K | -17,307 | Closed |
|
88
Jane Street
New York
| – | -$140K | -16,199 | Closed |
|
ABST Hedge Fund Activity: Q3 2022 in Review
82 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Absolute Software Corp (ABST) for Q3 2022, worth a combined $466M — up 51% from $309M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ABST positions and 7 closed out — a net gain of 6 holders — while 30 added to existing stakes and 24 trimmed.
The largest buyer was Legal & General Group, adding an estimated $27.1M. The largest seller was Wellington Management Group, cutting an estimated $3M.
- 82 institutional investors held Absolute Software Corp (ABST) as of Q3 2022, up from 76 in Q2 2022.
- Funds reported $466M of Absolute Software Corp stock for Q3 2022, up 51% quarter-over-quarter.
- 13 funds opened new Absolute Software Corp positions in Q3 2022 and 7 closed out, a net change of +6 holders.
- The largest Absolute Software Corp buyer in Q3 2022 was Legal & General Group, an estimated $27.1M added.
- The largest Absolute Software Corp seller in Q3 2022 was Wellington Management Group, an estimated $3M sold.
Based on aggregated 13F filings for Q3 2022.