Absolute Software Corp
ABST
ABST was delisted on the 26th of July, 2023.
79 hedge funds and large institutions have $307M invested in Absolute Software Corp in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 6 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 28
0% more funds holding
Funds holding: 79 → 79 (0)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
29% less capital invested
Capital invested by funds: $433M → $307M (-$127M)
99% less call options, than puts
Call options by funds: $48K | Put options by funds: $4.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIC
PCJ Investment Counsel
Toronto,
Ontario, Canada
|
+$5.26M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.79M |
| 3 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$4.48M |
| 4 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$2.82M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Legal & General Group
London,
United Kingdom
|
-$22.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$9.12M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$6.85M |
| 4 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$5.67M |
| 5 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
-$5.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Barclays
London,
United Kingdom
| $4.87K | +$215 | +22 | +4% |
|
|
MHR
77
Matthew Hamilton Rosenberg
| $3.92K | – | – | – |
|
|
SPIA
78
Steward Partners Investment Advisory
New York
| $3.13K | – | – | – |
|
79
Marshall Wace
London,
United Kingdom
| – | -$321K | -30,792 | Closed |
|
80
Jane Street
New York
| – | -$215K | -20,617 | Closed |
|
|
CSS
81
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$169K | -16,174 | Closed |
|
82
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$143K | -13,663 | Closed |
|
|
SSA
83
Schonfeld Strategic Advisors
New York
| – | -$105K | -10,100 | Closed |
|
84
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$62.6K | -6,000 | Closed |
|
85
Simplex Trading
Chicago,
Illinois
| – | +$557 | +57 | New |
|
ABST Hedge Fund Activity: Q1 2023 in Review
79 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Absolute Software Corp (ABST) for Q1 2023, worth a combined $307M — down 29% from $433M a quarter earlier.
Fund positioning in ABST was balanced in Q1 2023: 6 funds opened new positions, 6 closed out, 29 added to existing stakes and 28 trimmed.
The largest buyer was PCJ Investment Counsel, opening a new position worth an estimated $5.26M. The largest seller was Legal & General Group, cutting an estimated $22.1M.
- 79 institutional investors held Absolute Software Corp (ABST) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $307M of Absolute Software Corp stock for Q1 2023, down 29% quarter-over-quarter.
- 6 funds opened new Absolute Software Corp positions in Q1 2023 and 6 closed out, a net change of 0 holders.
- The largest Absolute Software Corp buyer in Q1 2023 was PCJ Investment Counsel, an estimated $5.26M added.
- The largest Absolute Software Corp seller in Q1 2023 was Legal & General Group, an estimated $22.1M sold.
Based on aggregated 13F filings for Q1 2023.