Absolute Software Corp
ABST
ABST was delisted on the 26th of July, 2023.
76 hedge funds and large institutions have $429M invested in Absolute Software Corp in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 19 increasing their positions, 27 reducing their positions, and 8 closing their positions.
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
29% more funds holding
Funds holding: 59 → 76 (+17)
5% more capital invested
Capital invested by funds: $408M → $429M (+$20.9M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
30% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$8.33M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.22M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$6.13M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
+$5.41M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$3.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$18M |
| 2 |
OAM
Ophir Asset Management
Sydney,
Australia
|
-$12.6M |
| 3 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$9.74M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$8.78M |
| 5 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$4.29M |
ABST Hedge Fund Activity: Q1 2021 in Review
76 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Absolute Software Corp (ABST) for Q1 2021, worth a combined $429M — up 5.1% from $408M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new ABST positions and 8 closed out — a net gain of 17 holders — while 19 added to existing stakes and 27 trimmed.
The largest buyer was Russell Investments Group, opening a new position worth an estimated $8.33M. The largest seller was ETF Managers Group, cutting an estimated $18M.
- 76 institutional investors held Absolute Software Corp (ABST) as of Q1 2021, up from 59 in Q4 2020.
- Funds reported $429M of Absolute Software Corp stock for Q1 2021, up 5.1% quarter-over-quarter.
- 25 funds opened new Absolute Software Corp positions in Q1 2021 and 8 closed out, a net change of +17 holders.
- The largest Absolute Software Corp buyer in Q1 2021 was Russell Investments Group, an estimated $8.33M added.
- The largest Absolute Software Corp seller in Q1 2021 was ETF Managers Group, an estimated $18M sold.
Based on aggregated 13F filings for Q1 2021.