Absolute Software Corp
ABST
ABST was delisted on the 26th of July, 2023.
78 hedge funds and large institutions have $295M invested in Absolute Software Corp in 2021 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 15 reducing their positions, and 16 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 15
5% less funds holding
Funds holding: 82 → 78 (-4)
15% less capital invested
Capital invested by funds: $348M → $295M (-$52.5M)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
99% less call options, than puts
Call options by funds: $2K | Put options by funds: $220K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$20M |
| 2 |
EMG
ETF Managers Group
Summit,
New Jersey
|
+$12.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.3M |
| 4 |
LLL
Lynrock Lake LP
Rye Brook,
New York
|
+$11M |
| 5 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$7.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$20.5M |
| 2 |
NAM
NewGen Asset Management
Toronto,
Ontario, Canada
|
-$9.07M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$8.63M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$5.85M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$4.51M |
ABST Hedge Fund Activity: Q4 2021 in Review
78 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Absolute Software Corp (ABST) for Q4 2021, worth a combined $295M — down 15% from $348M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of ABST and 13 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 35 added.
The largest buyer was Edenbrook Capital, adding an estimated $20M. The largest seller was Pembroke Management, exiting entirely with an estimated $20.5M sold.
- 78 institutional investors held Absolute Software Corp (ABST) as of Q4 2021, down from 82 in Q3 2021.
- Funds reported $295M of Absolute Software Corp stock for Q4 2021, down 15% quarter-over-quarter.
- 13 funds opened new Absolute Software Corp positions in Q4 2021 and 16 closed out, a net change of -3 holders.
- The largest Absolute Software Corp buyer in Q4 2021 was Edenbrook Capital, an estimated $20M added.
- The largest Absolute Software Corp seller in Q4 2021 was Pembroke Management, an estimated $20.5M sold.
Based on aggregated 13F filings for Q4 2021.