Absolute Software Corp
ABST
ABST was delisted on the 26th of July, 2023.
88 hedge funds and large institutions have $470M invested in Absolute Software Corp in 2021 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 22 reducing their positions, and 3 closing their positions.
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
68% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 22
16% more funds holding
Funds holding: 76 → 88 (+12)
9% more capital invested
Capital invested by funds: $429M → $470M (+$40.8M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $7.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
+$9.73M |
| 2 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$8.05M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$6.24M |
| 4 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$6.15M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LLL
Lynrock Lake LP
Rye Brook,
New York
|
-$45M |
| 2 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
-$5.27M |
| 3 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
-$5.14M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.52M |
| 5 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$613K |
ABST Hedge Fund Activity: Q2 2021 in Review
88 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Absolute Software Corp (ABST) for Q2 2021, worth a combined $470M — up 9.5% from $429M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ABST positions and 3 closed out — a net gain of 12 holders — while 37 added to existing stakes and 22 trimmed.
The largest buyer was Harber Asset Management, opening a new position worth an estimated $9.73M. The largest seller was Lynrock Lake LP, cutting an estimated $45M.
- 88 institutional investors held Absolute Software Corp (ABST) as of Q2 2021, up from 76 in Q1 2021.
- Funds reported $470M of Absolute Software Corp stock for Q2 2021, up 9.5% quarter-over-quarter.
- 15 funds opened new Absolute Software Corp positions in Q2 2021 and 3 closed out, a net change of +12 holders.
- The largest Absolute Software Corp buyer in Q2 2021 was Harber Asset Management, an estimated $9.73M added.
- The largest Absolute Software Corp seller in Q2 2021 was Lynrock Lake LP, an estimated $45M sold.
Based on aggregated 13F filings for Q2 2021.