Absolute Software Corp
ABST
ABST was delisted on the 26th of July, 2023.
80 hedge funds and large institutions have $288M invested in Absolute Software Corp in 2022 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 35 increasing their positions, 22 reducing their positions, and 7 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 22
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
1% more funds holding
Funds holding: 79 → 80 (+1)
7% less capital invested
Capital invested by funds: $310M → $288M (-$22.1M)
99% less call options, than puts
Call options by funds: $103K | Put options by funds: $8.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LLL
Lynrock Lake LP
Rye Brook,
New York
|
+$10.7M |
| 2 |
DCM
Divisar Capital Management
San Francisco,
California
|
+$7.26M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.25M |
| 4 |
EC
Edenbrook Capital
Mt. Kisco,
New York
|
+$3.88M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$25.6M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$8.89M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$2.5M |
| 4 |
Two Sigma Investments
New York
|
-$2.16M |
| 5 |
Two Sigma Advisers
New York
|
-$1.05M |
ABST Hedge Fund Activity: Q1 2022 in Review
80 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Absolute Software Corp (ABST) for Q1 2022, worth a combined $288M — down 7.1% from $310M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ABST positions and 7 closed out — a net gain of 2 holders — while 35 added to existing stakes and 22 trimmed.
The largest buyer was Lynrock Lake LP, adding an estimated $10.7M. The largest seller was ETF Managers Group, cutting an estimated $25.6M.
- 80 institutional investors held Absolute Software Corp (ABST) as of Q1 2022, up from 79 in Q4 2021.
- Funds reported $288M of Absolute Software Corp stock for Q1 2022, down 7.1% quarter-over-quarter.
- 9 funds opened new Absolute Software Corp positions in Q1 2022 and 7 closed out, a net change of +2 holders.
- The largest Absolute Software Corp buyer in Q1 2022 was Lynrock Lake LP, an estimated $10.7M added.
- The largest Absolute Software Corp seller in Q1 2022 was ETF Managers Group, an estimated $25.6M sold.
Based on aggregated 13F filings for Q1 2022.