Avantax, Inc. Common Stock
AVTA
AVTA was delisted on the 27th of November, 2023.
150 hedge funds and large institutions have $345M invested in Avantax, Inc. Common Stock in 2016 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 45 increasing their positions, 46 reducing their positions, and 20 closing their positions.
91% more capital invested
Capital invested by funds: $181M → $345M (+$164M)
55% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 20
7% more funds holding
Funds holding: 140 → 150 (+10)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 46
58% less call options, than puts
Call options by funds: $6.87M | Put options by funds: $16.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pennant Capital Management
Summit,
New Jersey
|
+$8.91M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$7.93M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.69M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.58M |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$3.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.8M |
| 2 |
JP Morgan Chase
New York
|
-$11.3M |
| 3 |
AC
Armistice Capital
New York
|
-$11.1M |
| 4 |
Renaissance Technologies
New York
|
-$6.02M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.93M |
AVTA Hedge Fund Activity: Q2 2016 in Review
150 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Avantax, Inc. Common Stock (AVTA) for Q2 2016, worth a combined $345M — up 91% from $181M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new AVTA positions and 20 closed out — a net gain of 11 holders — while 45 added to existing stakes and 46 trimmed.
The largest buyer was Pennant Capital Management, opening a new position worth an estimated $8.91M. The largest seller was Fidelity Investments, exiting entirely with an estimated $14.8M sold.
- 150 institutional investors held Avantax, Inc. Common Stock (AVTA) as of Q2 2016, up from 140 in Q1 2016.
- Funds reported $345M of Avantax, Inc. Common Stock stock for Q2 2016, up 91% quarter-over-quarter.
- 31 funds opened new Avantax, Inc. Common Stock positions in Q2 2016 and 20 closed out, a net change of +11 holders.
- The largest Avantax, Inc. Common Stock buyer in Q2 2016 was Pennant Capital Management, an estimated $8.91M added.
- The largest Avantax, Inc. Common Stock seller in Q2 2016 was Fidelity Investments, an estimated $14.8M sold.
Based on aggregated 13F filings for Q2 2016.