Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
96 hedge funds and large institutions have $21.6M invested in Abraxas Petroleum Corp in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 26 reducing their positions, and 20 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 26
7% less funds holding
Funds holding: 103 → 96 (-7)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
44% less capital invested
Capital invested by funds: $38.9M → $21.6M (-$17.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$662K |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$494K |
| 3 |
RFWA
RPg Family Wealth Advisory
Burlington,
Massachusetts
|
+$114K |
| 4 |
MWP
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
|
+$105K |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$84.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$4.5M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$1.01M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$778K |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$740K |
| 5 |
JP Morgan Chase
New York
|
-$562K |
AXAS Hedge Fund Activity: Q4 2019 in Review
96 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q4 2019, worth a combined $21.6M — down 44% from $38.9M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of AXAS and 13 opened new positions — a net loss of 7 holders — while 26 trimmed existing stakes and 30 added.
The largest buyer was Biglari Capital Corp, adding an estimated $662K. The largest seller was Mangrove Partners, exiting entirely with an estimated $4.5M sold.
- 96 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q4 2019, down from 103 in Q3 2019.
- Funds reported $21.6M of Abraxas Petroleum Corp stock for Q4 2019, down 44% quarter-over-quarter.
- 13 funds opened new Abraxas Petroleum Corp positions in Q4 2019 and 20 closed out, a net change of -7 holders.
- The largest Abraxas Petroleum Corp buyer in Q4 2019 was Biglari Capital Corp, an estimated $662K added.
- The largest Abraxas Petroleum Corp seller in Q4 2019 was Mangrove Partners, an estimated $4.5M sold.
Based on aggregated 13F filings for Q4 2019.