Absolute Software Corp
ABST
ABST was delisted on the 26th of July, 2023.
82 hedge funds and large institutions have $468M invested in Absolute Software Corp in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
50% more capital invested
Capital invested by funds: $311M → $468M (+$157M)
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
8.48% more ownership
Funds ownership: 70.38% → 78.86% (+8.5%)
8% more funds holding
Funds holding: 76 → 82 (+6)
99% less call options, than puts
Call options by funds: $58K | Put options by funds: $9.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Legal & General Group
London,
United Kingdom
|
+$27.1M |
| 2 |
TPM
Triasima Portfolio Management
Montreal,
Quebec, Canada
|
+$6.56M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$6.15M |
| 4 |
EGI
EAM Global Investors
Solana Beach,
California
|
+$3.03M |
| 5 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$2.92M |
| 3 |
EMG
ETF Managers Group
Summit,
New Jersey
|
-$2.09M |
| 4 |
JP Morgan Chase
New York
|
-$1.28M |
| 5 |
BCIM
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
-$1.01M |
ABST Hedge Fund Activity: Q3 2022 in Review
82 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Absolute Software Corp (ABST) for Q3 2022, worth a combined $468M — up 50% from $311M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ABST positions and 7 closed out — a net gain of 6 holders — while 30 added to existing stakes and 24 trimmed.
The largest buyer was Legal & General Group, adding an estimated $27.1M. The largest seller was Wellington Management Group, cutting an estimated $3M.
- 82 institutional investors held Absolute Software Corp (ABST) as of Q3 2022, up from 76 in Q2 2022.
- Funds reported $468M of Absolute Software Corp stock for Q3 2022, up 50% quarter-over-quarter.
- 13 funds opened new Absolute Software Corp positions in Q3 2022 and 7 closed out, a net change of +6 holders.
- The largest Absolute Software Corp buyer in Q3 2022 was Legal & General Group, an estimated $27.1M added.
- The largest Absolute Software Corp seller in Q3 2022 was Wellington Management Group, an estimated $3M sold.
Based on aggregated 13F filings for Q3 2022.