Abacus Global Management
ABX
9 hedge funds and large institutions have $16.8M invested in Abacus Global Management in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 5 closing their positions.
51.98% more ownership
Funds ownership: 5.59% → 57.57% (+52%)
15% less capital invested
Capital invested by funds: $19.8M → $16.8M (-$2.93M)
25% less funds holding
Funds holding: 12 → 9 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
+$429K |
| 2 |
LCS
Levin Capital Strategies
New York
|
+$210K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$7.64K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Walleye Capital
New York
|
-$1.76M |
| 2 |
Walleye Trading
New York
|
-$991K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$232K |
| 4 |
SIM
Sandia Investment Management
Boston,
Massachusetts
|
-$210K |
| 5 |
VF
Virtu Financial
New York
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIM
1
Karpus Investment Management
Pittsford,
New York
| $9.87M | -$232K | -22,517 | -2% |
|
|
AFA
2
Alta Fundamental Advisers
New York
| $3.51M | – | – | – |
|
|
SIM
3
Sandia Investment Management
Boston,
Massachusetts
| $1.7M | -$210K | -20,391 | -11% |
|
|
WRBC
4
W.R. Berkley Corp
Greenwich,
Connecticut
| $589K | – | – | – |
|
|
CS
5
Clear Street
New York
| $417K | +$429K | +41,599 | New |
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $409K | -$12.2K | -1,188 | -3% |
|
|
LCS
7
Levin Capital Strategies
New York
| $200K | +$210K | +20,335 | New |
|
|
DWM
8
Dakota Wealth Management
Palm Beach Gardens,
Florida
| $111K | -$2.07K | -201 | -2% |
|
|
9
UBS Group
Zurich,
Switzerland
| $7.53K | +$7.64K | +741 | +7,410% |
|
|
10
Walleye Capital
New York
| – | -$1.76M | -171,917 | Closed |
|
|
11
Walleye Trading
New York
| – | -$991K | -96,703 | Closed |
|
|
VF
12
Virtu Financial
New York
| – | -$172K | -16,773 | Closed |
|
|
CCM
13
CAAS Capital Management
New York
| – | -$139K | -13,580 | Closed |
|
14
JP Morgan Chase
New York
| – | -$5K | -448 | Closed |
|
ABX Hedge Fund Activity: Q2 2023 in Review
9 of the 6,372 institutional investors tracked by Wall St. Rank reported a position in Abacus Global Management (ABX) for Q2 2023, worth a combined $16.8M — down 15% from $19.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ABX and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Clear Street, opening a new position worth an estimated $429K. The largest seller was Walleye Capital, exiting entirely with an estimated $1.76M sold.
- 9 institutional investors held Abacus Global Management (ABX) as of Q2 2023, down from 12 in Q1 2023.
- Funds reported $16.8M of Abacus Global Management stock for Q2 2023, down 15% quarter-over-quarter.
- 2 funds opened new Abacus Global Management positions in Q2 2023 and 5 closed out, a net change of -3 holders.
- The largest Abacus Global Management buyer in Q2 2023 was Clear Street, an estimated $429K added.
- The largest Abacus Global Management seller in Q2 2023 was Walleye Capital, an estimated $1.76M sold.
Based on aggregated 13F filings for Q2 2023.