Absolute Software Corp
ABST
ABST was delisted on the 26th of July, 2023.
79 hedge funds and large institutions have $433M invested in Absolute Software Corp in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 24 reducing their positions, and 12 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 24
4% less funds holding
Funds holding: 82 → 79 (-3)
7% less capital invested
Capital invested by funds: $466M → $433M (-$32.7M)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
71% less call options, than puts
Call options by funds: $3.33M | Put options by funds: $11.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$5.02M |
| 2 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
+$4.58M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$3.05M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$2.57M |
| 5 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$10.2M |
| 2 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$5.22M |
| 3 |
Legal & General Group
London,
United Kingdom
|
-$4.12M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$3.46M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$2.71M |
ABST Hedge Fund Activity: Q4 2022 in Review
79 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Absolute Software Corp (ABST) for Q4 2022, worth a combined $433M — down 7% from $466M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of ABST and 9 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 31 added.
The largest buyer was Trigran Investments, adding an estimated $5.02M. The largest seller was Mirae Asset Global Investments, exiting entirely with an estimated $10.2M sold.
- 79 institutional investors held Absolute Software Corp (ABST) as of Q4 2022, down from 82 in Q3 2022.
- Funds reported $433M of Absolute Software Corp stock for Q4 2022, down 7% quarter-over-quarter.
- 9 funds opened new Absolute Software Corp positions in Q4 2022 and 12 closed out, a net change of -3 holders.
- The largest Absolute Software Corp buyer in Q4 2022 was Trigran Investments, an estimated $5.02M added.
- The largest Absolute Software Corp seller in Q4 2022 was Mirae Asset Global Investments, an estimated $10.2M sold.
Based on aggregated 13F filings for Q4 2022.