Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
114 hedge funds and large institutions have $88.8M invested in Abraxas Petroleum Corp in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 18 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 33
9% less funds holding
Funds holding: 125 → 114 (-11)
20% less capital invested
Capital invested by funds: $111M → $88.8M (-$22.1M)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.67M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$1.4M |
| 3 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$1.28M |
| 4 |
SIC
Salem Investment Counselors
Winston Salem,
North Carolina
|
+$1.07M |
| 5 |
Millennium Management
New York
|
+$514K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Argent Capital Management
St Louis,
Missouri
|
-$1.56M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$1.29M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.28M |
| 4 |
JP Morgan Chase
New York
|
-$1.05M |
| 5 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$852K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
VanEck Associates
New York
| – | -$17K | -685 | Closed |
|
127
SG Americas Securities
New York
| – | -$13K | -510 | Closed |
|
|
SIAP
128
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
| – | -$13K | -500 | Closed |
|
AXAS Hedge Fund Activity: Q2 2019 in Review
114 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q2 2019, worth a combined $88.8M — down 20% from $111M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of AXAS and 11 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 35 added.
The largest buyer was Nuveen, opening a new position worth an estimated $1.67M. The largest seller was Argent Capital Management, exiting entirely with an estimated $1.56M sold.
- 114 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q2 2019, down from 125 in Q1 2019.
- Funds reported $88.8M of Abraxas Petroleum Corp stock for Q2 2019, down 20% quarter-over-quarter.
- 11 funds opened new Abraxas Petroleum Corp positions in Q2 2019 and 18 closed out, a net change of -7 holders.
- The largest Abraxas Petroleum Corp buyer in Q2 2019 was Nuveen, an estimated $1.67M added.
- The largest Abraxas Petroleum Corp seller in Q2 2019 was Argent Capital Management, an estimated $1.56M sold.
Based on aggregated 13F filings for Q2 2019.