Asta Funding Inc
ASFI
ASFI was delisted on the 28th of September, 2020.
23 hedge funds and large institutions have $70M invested in Asta Funding Inc in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 10 closing their positions.
41% more capital invested
Capital invested by funds: $49.7M → $70M (+$20.2M)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
21% less funds holding
Funds holding: 29 → 23 (-6)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $136K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$19.6M |
| 2 |
NM
Newtyn Management
New York
|
+$3.13M |
| 3 |
Renaissance Technologies
New York
|
+$515K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$452K |
| 5 |
RC
RBF Capital
San Francisco,
California
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Springhouse Capital Management
Westport,
Connecticut
|
-$6.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.01M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$518K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$496K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
California Public Employees Retirement System
Sacramento,
California
| – | -$270K | -30,330 | Closed |
|
|
FWSM
27
First Wilshire Securities Management
Pasadena,
California
| – | -$260K | -29,205 | Closed |
|
|
ZIM
28
ZPR Investment Management
Orange City,
Florida
| – | -$143K | -16,001 | Closed |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| – | -$9K | -1,000 | Closed |
|
30
Simplex Trading
Chicago,
Illinois
| – | -$7K | -830 | Closed |
|
31
Citigroup
New York
| – | -$5K | -575 | Closed |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -100 | Closed |
|
33
Wells Fargo
San Francisco,
California
| – | -$10 | -1 | Closed |
|
ASFI Hedge Fund Activity: Q2 2016 in Review
23 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Asta Funding Inc (ASFI) for Q2 2016, worth a combined $70M — up 41% from $49.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ASFI and 5 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 7 added.
The largest buyer was Mangrove Partners, adding an estimated $19.6M. The largest seller was Springhouse Capital Management, exiting entirely with an estimated $6.5M sold.
- 23 institutional investors held Asta Funding Inc (ASFI) as of Q2 2016, down from 29 in Q1 2016.
- Funds reported $70M of Asta Funding Inc stock for Q2 2016, up 41% quarter-over-quarter.
- 5 funds opened new Asta Funding Inc positions in Q2 2016 and 10 closed out, a net change of -5 holders.
- The largest Asta Funding Inc buyer in Q2 2016 was Mangrove Partners, an estimated $19.6M added.
- The largest Asta Funding Inc seller in Q2 2016 was Springhouse Capital Management, an estimated $6.5M sold.
Based on aggregated 13F filings for Q2 2016.