Avantax, Inc. Common Stock
AVTA
AVTA was delisted on the 27th of November, 2023.
162 hedge funds and large institutions have $510M invested in Avantax, Inc. Common Stock in 2020 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 60 reducing their positions, and 14 closing their positions.
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
27% more call options, than puts
Call options by funds: $895K | Put options by funds: $706K
5% more funds holding
Funds holding: 154 → 162 (+8)
10% less capital invested
Capital invested by funds: $566M → $510M (-$56.7M)
18% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 60
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Armistice Capital
New York
|
+$25.7M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$6.35M |
| 3 |
EWM
Empirical Wealth Management
Seattle,
Washington
|
+$6.15M |
| 4 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$3.87M |
| 5 |
Millennium Management
New York
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.5M |
| 2 |
SCM
Simcoe Capital Management
New York
|
-$13.3M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.52M |
| 4 |
Bank of New York Mellon
New York
|
-$3.12M |
| 5 |
TCM
Tygh Capital Management
Portland,
Oregon
|
-$2.67M |
AVTA Hedge Fund Activity: Q2 2020 in Review
162 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Avantax, Inc. Common Stock (AVTA) for Q2 2020, worth a combined $510M — down 10% from $566M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new AVTA positions and 14 closed out — a net gain of 9 holders — while 49 added to existing stakes and 60 trimmed.
The largest buyer was Armistice Capital, opening a new position worth an estimated $25.7M. The largest seller was Wellington Management Group, cutting an estimated $37.5M.
- 162 institutional investors held Avantax, Inc. Common Stock (AVTA) as of Q2 2020, up from 154 in Q1 2020.
- Funds reported $510M of Avantax, Inc. Common Stock stock for Q2 2020, down 10% quarter-over-quarter.
- 23 funds opened new Avantax, Inc. Common Stock positions in Q2 2020 and 14 closed out, a net change of +9 holders.
- The largest Avantax, Inc. Common Stock buyer in Q2 2020 was Armistice Capital, an estimated $25.7M added.
- The largest Avantax, Inc. Common Stock seller in Q2 2020 was Wellington Management Group, an estimated $37.5M sold.
Based on aggregated 13F filings for Q2 2020.