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ABX

Abacus Global Management

29 hedge funds and large institutions have $84M invested in Abacus Global Management in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 10

59% less funds holding

Funds holding: 7029 (-41)

61.93% less ownership

Funds ownership: 86.16%24.23% (-62%)

71% less capital invested

Capital invested by funds: $295M → $84M (-$211M)

95% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 43

Holders
29
Holders Change
-41
Holders Change %
-58.57%
% of All Funds
0.5%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
6
Reduced
10
Closed
43
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Adage Capital Partners
1
Adage Capital Partners
Massachusetts
$23.6M
KIM
2
Karpus Investment Management
New York
$10.8M -$2.6M -258,875 -19%
AIMCA
3
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$10M
PC
4
Periscope Capital
Ontario, Canada
$6.03M -$10.2M -1,011,900 -63%
MC
5
Meteora Capital
Florida
$4.57M +$3.37M +335,999 +283%
AFA
6
Alta Fundamental Advisers
New York
$3.52M
Goldman Sachs
7
Goldman Sachs
New York
$3.4M -$262K -26,140 -7%
FTCM
8
First Trust Capital Management
Illinois
$3.07M
AWG
9
Alpha Wave Global
New York
$2.83M +$2.66M +265,103 +1,545%
PMAM
10
Picton Mahoney Asset Management
Ontario, Canada
$2.51M
Hudson Bay Capital Management
11
Hudson Bay Capital Management
Connecticut
$2.04M -$13K -1,300 -0.6%
SIM
12
Sandia Investment Management
Massachusetts
$1.92M -$679K -67,664 -26%
Walleye Capital
13
Walleye Capital
New York
$1.73M +$1.24M +123,165 +253%
WRBC
14
W.R. Berkley Corp
Connecticut
$1.09M -$2.36M -234,947 -68%
OCAM
15
Owl Creek Asset Management
New York
$1.01M
PCM
16
Prelude Capital Management
New York
$1.01M
Bank of America
17
Bank of America
North Carolina
$1.01M
Walleye Trading
18
Walleye Trading
New York
$972K +$612K +60,947 +170%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$582K -$52.8K -5,264 -8%
DFCM
20
Dark Forest Capital Management
Puerto Rico
$489K -$1.46M -145,555 -75%
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$422K
HF
22
HRT Financial
New York
$363K -$1.33K -133 -0.4%
LCS
23
Levin Capital Strategies
New York
$305K +$19.9K +1,984 +7%
TSW
24
Thompson Siegel & Walmsley
Virginia
$302K +$301K +30,000 New
VF
25
Virtu Financial
New York
$196K +$196K +19,569 New

ABX Hedge Fund Activity: Q3 2022 in Review

29 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Abacus Global Management (ABX) for Q3 2022, worth a combined $84M — down 71% from $295M a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of ABX and 2 opened new positions — a net loss of 41 holders — while 10 trimmed existing stakes and 6 added.

The largest buyer was Meteora Capital, adding an estimated $3.37M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $23.7M sold.

  • 29 institutional investors held Abacus Global Management (ABX) as of Q3 2022, down from 70 in Q2 2022.
  • Funds reported $84M of Abacus Global Management stock for Q3 2022, down 71% quarter-over-quarter.
  • 2 funds opened new Abacus Global Management positions in Q3 2022 and 43 closed out, a net change of -41 holders.
  • The largest Abacus Global Management buyer in Q3 2022 was Meteora Capital, an estimated $3.37M added.
  • The largest Abacus Global Management seller in Q3 2022 was Glazer Capital LLC, an estimated $23.7M sold.

Based on aggregated 13F filings for Q3 2022.