Avantax, Inc. Common Stock
AVTA
AVTA was delisted on the 27th of November, 2023.
161 hedge funds and large institutions have $835M invested in Avantax, Inc. Common Stock in 2023 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 39 increasing their positions, 64 reducing their positions, and 23 closing their positions.
61% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 23
10% more capital invested
Capital invested by funds: $755M → $835M (+$79.1M)
10% more funds holding
Funds holding: 147 → 161 (+14)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
39% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 64
89% less call options, than puts
Call options by funds: $1.11M | Put options by funds: $10.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$22.2M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$21.2M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$20.5M |
| 4 |
Morgan Stanley
New York
|
+$18.8M |
| 5 |
WIC
Water Island Capital
New York
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
P2 Capital Partners
New York
|
-$51.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$44.6M |
| 3 |
SCM
Simcoe Capital Management
New York
|
-$18M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$17.4M |
| 5 |
NSGL
No Street GP LP
San Francisco,
California
|
-$15.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CMF
176
Counterpoint Mutual Funds
San Diego,
California
| – | -$110K | -4,919 | Closed |
|
|
ACM
177
Aquatic Capital Management
Chicago,
Illinois
| – | -$103K | -4,600 | Closed |
|
|
GCM
178
Gladius Capital Management
Chicago,
Illinois
| – | -$27.7K | -1,239 | Closed |
|
179
Simplex Trading
Chicago,
Illinois
| – | -$11.7K | -495 | Closed |
|
180
Bessemer Group
Woodbridge,
New Jersey
| – | -$1K | -55 | Closed |
|
|
BTI
181
Blue Trust Inc
Alpharetta,
Georgia
| – | -$1K | -41 | Closed |
|
|
CA
182
Clearstead Advisors
Cleveland,
Ohio
| – | -$224 | -10 | Closed |
|
|
C
183
Covestor
London,
United Kingdom
| – | -$190 | -8 | -62% |
|
|
QC
184
Quent Capital
New York
| – | -$134 | -6 | Closed |
|
AVTA Hedge Fund Activity: Q3 2023 in Review
161 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Avantax, Inc. Common Stock (AVTA) for Q3 2023, worth a combined $835M — up 10% from $755M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new AVTA positions and 23 closed out — a net gain of 14 holders — while 39 added to existing stakes and 64 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $22.2M. The largest seller was P2 Capital Partners, exiting entirely with an estimated $51.5M sold.
- 161 institutional investors held Avantax, Inc. Common Stock (AVTA) as of Q3 2023, up from 147 in Q2 2023.
- Funds reported $835M of Avantax, Inc. Common Stock stock for Q3 2023, up 10% quarter-over-quarter.
- 37 funds opened new Avantax, Inc. Common Stock positions in Q3 2023 and 23 closed out, a net change of +14 holders.
- The largest Avantax, Inc. Common Stock buyer in Q3 2023 was Goldman Sachs, an estimated $22.2M added.
- The largest Avantax, Inc. Common Stock seller in Q3 2023 was P2 Capital Partners, an estimated $51.5M sold.
Based on aggregated 13F filings for Q3 2023.