Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
105 hedge funds and large institutions have $88.8M invested in Abraxas Petroleum Corp in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 38 increasing their positions, 27 reducing their positions, and 13 closing their positions.
53% more capital invested
Capital invested by funds: $58M → $88.8M (+$30.8M)
41% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 27
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more call options, than puts
Call options by funds: $4K | Put options by funds: $4K
5% less funds holding
Funds holding: 110 → 105 (-5)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$3.45M |
| 2 |
FTCM
Fir Tree Capital Management
New York
|
+$2.95M |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$1.23M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$746K |
| 5 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
+$487K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
-$5.12M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$1.35M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$378K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$200K |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$180K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
VOYA Investment Management
Atlanta,
Georgia
| $100 | – | – | – |
|
|
BCC
102
Biglari Capital Corp
San Antonio,
Texas
| – | -$5.12M | -226,534 | Closed |
|
|
TC
103
TFS Capital
West Chester,
Pennsylvania
| – | -$200K | -8,832 | Closed |
|
|
KCM
104
Kornitzer Capital Management
Shawnee Mission,
Kansas
| – | -$113K | -5,005 | Closed |
|
|
ARTA
105
A.R.T. Advisors
New York
| – | -$73K | -3,262 | Closed |
|
|
GCP
106
GSA Capital Partners
London,
United Kingdom
| – | -$29K | -1,295 | Closed |
|
|
TA
107
Teton Advisors
Rye,
New York
| – | -$24K | -1,078 | Closed |
|
|
VKH
108
Virtu KCG Holdings
New York
| – | -$22K | -983 | Closed |
|
109
Two Sigma Investments
New York
| – | -$19K | -841 | Closed |
|
110
Principal Financial Group
Des Moines,
Iowa
| – | -$15K | -676 | Closed |
|
|
BTS
111
BB&T Securities
Richmond,
Virginia
| – | -$14K | -640 | Closed |
|
|
AWM
112
Avior Wealth Management
Omaha,
Nebraska
| – | -$2K | -100 | Closed |
|
113
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -62 | Closed |
|
AXAS Hedge Fund Activity: Q3 2016 in Review
105 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q3 2016, worth a combined $88.8M — up 53% from $58M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of AXAS and 9 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 38 added.
The largest buyer was Portolan Capital Management, adding an estimated $3.45M. The largest seller was Biglari Capital Corp, exiting entirely with an estimated $5.12M sold.
- 105 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q3 2016, down from 110 in Q2 2016.
- Funds reported $88.8M of Abraxas Petroleum Corp stock for Q3 2016, up 53% quarter-over-quarter.
- 9 funds opened new Abraxas Petroleum Corp positions in Q3 2016 and 13 closed out, a net change of -4 holders.
- The largest Abraxas Petroleum Corp buyer in Q3 2016 was Portolan Capital Management, an estimated $3.45M added.
- The largest Abraxas Petroleum Corp seller in Q3 2016 was Biglari Capital Corp, an estimated $5.12M sold.
Based on aggregated 13F filings for Q3 2016.