Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
129 hedge funds and large institutions have $53.4M invested in Abraxas Petroleum Corp in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 40 reducing their positions, and 25 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 40
10% less funds holding
Funds holding: 143 → 129 (-14)
52% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 25
63% less capital invested
Capital invested by funds: $144M → $53.4M (-$90.6M)
72% less call options, than puts
Call options by funds: $15K | Put options by funds: $54K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$2.44M |
| 2 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$1.15M |
| 3 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$1.05M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$957K |
| 5 |
MOACM
Mutual of America Capital Management
New York
|
+$939K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$11.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$5.36M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$2.31M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
-$2.07M |
| 5 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$1.89M |
AXAS Hedge Fund Activity: Q3 2015 in Review
129 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q3 2015, worth a combined $53.4M — down 63% from $144M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of AXAS and 12 opened new positions — a net loss of 13 holders — while 40 trimmed existing stakes and 43 added.
The largest buyer was THB Asset Management, adding an estimated $2.44M. The largest seller was Systematic Financial Management, exiting entirely with an estimated $11.1M sold.
- 129 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q3 2015, down from 143 in Q2 2015.
- Funds reported $53.4M of Abraxas Petroleum Corp stock for Q3 2015, down 63% quarter-over-quarter.
- 12 funds opened new Abraxas Petroleum Corp positions in Q3 2015 and 25 closed out, a net change of -13 holders.
- The largest Abraxas Petroleum Corp buyer in Q3 2015 was THB Asset Management, an estimated $2.44M added.
- The largest Abraxas Petroleum Corp seller in Q3 2015 was Systematic Financial Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q3 2015.