Abacus Global Management
ABX
69 hedge funds and large institutions have $238M invested in Abacus Global Management in 2021 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
28% more capital invested
Capital invested by funds: $186M → $238M (+$52.1M)
15.57% more ownership
Funds ownership: 55.13% → 70.7% (+16%)
11% more funds holding
Funds holding: 62 → 69 (+7)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$17.3M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$14.7M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
+$14.7M |
| 4 |
HCM
Highbridge Capital Management
New York
|
+$3.41M |
| 5 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
+$2.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Ramius Advisors
New York
|
-$3.48M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.05M |
| 3 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
-$1.96M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$291K |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$222K |
ABX Hedge Fund Activity: Q2 2021 in Review
69 of the 5,768 institutional investors tracked by Wall St. Rank reported a position in Abacus Global Management (ABX) for Q2 2021, worth a combined $238M — up 28% from $186M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new ABX positions and 5 closed out — a net gain of 8 holders — while 8 added to existing stakes and 15 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $17.3M. The largest seller was Ramius Advisors, exiting entirely with an estimated $3.48M sold.
- 69 institutional investors held Abacus Global Management (ABX) as of Q2 2021, up from 62 in Q1 2021.
- Funds reported $238M of Abacus Global Management stock for Q2 2021, up 28% quarter-over-quarter.
- 13 funds opened new Abacus Global Management positions in Q2 2021 and 5 closed out, a net change of +8 holders.
- The largest Abacus Global Management buyer in Q2 2021 was Karpus Investment Management, an estimated $17.3M added.
- The largest Abacus Global Management seller in Q2 2021 was Ramius Advisors, an estimated $3.48M sold.
Based on aggregated 13F filings for Q2 2021.