Avantax, Inc. Common Stock
AVTA
AVTA was delisted on the 27th of November, 2023.
154 hedge funds and large institutions have $947M invested in Avantax, Inc. Common Stock in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 34 increasing their positions, 64 reducing their positions, and 30 closing their positions.
18% more call options, than puts
Call options by funds: $7.66M | Put options by funds: $6.5M
3% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 30
2% less funds holding
Funds holding: 157 → 154 (-3)
14% less capital invested
Capital invested by funds: $1.1B → $947M (-$149M)
47% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 64
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
+$12M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$8.16M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$6.49M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.48M |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$4.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Engine Capital Management
New York
|
-$64.4M |
| 2 |
HPC
Hill Path Capital
New York
|
-$59M |
| 3 |
NM
Newtyn Management
New York
|
-$24.4M |
| 4 |
BlackRock
New York
|
-$20.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$19.8M |
AVTA Hedge Fund Activity: Q1 2023 in Review
154 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Avantax, Inc. Common Stock (AVTA) for Q1 2023, worth a combined $947M — down 14% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of AVTA and 29 opened new positions — a net loss of 1 holder — while 64 trimmed existing stakes and 34 added.
The largest buyer was NewEdge Wealth, opening a new position worth an estimated $12M. The largest seller was Engine Capital Management, cutting an estimated $64.4M.
- 154 institutional investors held Avantax, Inc. Common Stock (AVTA) as of Q1 2023, down from 157 in Q4 2022.
- Funds reported $947M of Avantax, Inc. Common Stock stock for Q1 2023, down 14% quarter-over-quarter.
- 29 funds opened new Avantax, Inc. Common Stock positions in Q1 2023 and 30 closed out, a net change of -1 holder.
- The largest Avantax, Inc. Common Stock buyer in Q1 2023 was NewEdge Wealth, an estimated $12M added.
- The largest Avantax, Inc. Common Stock seller in Q1 2023 was Engine Capital Management, an estimated $64.4M sold.
Based on aggregated 13F filings for Q1 2023.