Avantax, Inc. Common Stock
AVTA
AVTA was delisted on the 27th of November, 2023.
147 hedge funds and large institutions have $755M invested in Avantax, Inc. Common Stock in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 34 increasing their positions, 64 reducing their positions, and 29 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
5% less funds holding
Funds holding: 154 → 147 (-7)
20% less capital invested
Capital invested by funds: $947M → $755M (-$191M)
21% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 29
47% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 64
92% less call options, than puts
Call options by funds: $219K | Put options by funds: $2.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Engine Capital Management
New York
|
+$20.6M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
+$9.65M |
| 3 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
+$9.59M |
| 4 |
Millennium Management
New York
|
+$5.1M |
| 5 |
Goldman Sachs
New York
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$12.4M |
| 2 |
SCM
Simcoe Capital Management
New York
|
-$10.6M |
| 3 |
NM
Newtyn Management
New York
|
-$10.5M |
| 4 |
JP Morgan Chase
New York
|
-$10.3M |
| 5 |
NSGL
No Street GP LP
San Francisco,
California
|
-$10.3M |
AVTA Hedge Fund Activity: Q2 2023 in Review
147 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Avantax, Inc. Common Stock (AVTA) for Q2 2023, worth a combined $755M — down 20% from $947M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of AVTA and 23 opened new positions — a net loss of 6 holders — while 64 trimmed existing stakes and 34 added.
The largest buyer was Engine Capital Management, adding an estimated $20.6M. The largest seller was BlackRock, cutting an estimated $12.4M.
- 147 institutional investors held Avantax, Inc. Common Stock (AVTA) as of Q2 2023, down from 154 in Q1 2023.
- Funds reported $755M of Avantax, Inc. Common Stock stock for Q2 2023, down 20% quarter-over-quarter.
- 23 funds opened new Avantax, Inc. Common Stock positions in Q2 2023 and 29 closed out, a net change of -6 holders.
- The largest Avantax, Inc. Common Stock buyer in Q2 2023 was Engine Capital Management, an estimated $20.6M added.
- The largest Avantax, Inc. Common Stock seller in Q2 2023 was BlackRock, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2023.