Abacus Global Management
ABX
62 hedge funds and large institutions have $186M invested in Abacus Global Management in 2021 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 6 closing their positions.
217% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 6
27% more funds holding
Funds holding: 49 → 62 (+13)
3.41% more ownership
Funds ownership: 51.73% → 55.13% (+3.4%)
2% more capital invested
Capital invested by funds: $181M → $186M (+$4.47M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$19.4M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$7.97M |
| 3 |
Jane Street
New York
|
+$5.9M |
| 4 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$3.6M |
| 5 |
LA
Linden Advisors
New York
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$18M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$7.29M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$4.63M |
| 4 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$3.3M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$3.17M |
ABX Hedge Fund Activity: Q1 2021 in Review
62 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Abacus Global Management (ABX) for Q1 2021, worth a combined $186M — up 2.5% from $181M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ABX positions and 6 closed out — a net gain of 13 holders — while 12 added to existing stakes and 16 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $19.4M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $18M sold.
- 62 institutional investors held Abacus Global Management (ABX) as of Q1 2021, up from 49 in Q4 2020.
- Funds reported $186M of Abacus Global Management stock for Q1 2021, up 2.5% quarter-over-quarter.
- 19 funds opened new Abacus Global Management positions in Q1 2021 and 6 closed out, a net change of +13 holders.
- The largest Abacus Global Management buyer in Q1 2021 was Glazer Capital LLC, an estimated $19.4M added.
- The largest Abacus Global Management seller in Q1 2021 was Karpus Investment Management, an estimated $18M sold.
Based on aggregated 13F filings for Q1 2021.