Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
155 hedge funds and large institutions have $228M invested in Abraxas Petroleum Corp in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 55 increasing their positions, 51 reducing their positions, and 28 closing their positions.
477% more call options, than puts
Call options by funds: $150K | Put options by funds: $26K
8% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 51
9% less funds holding
Funds holding: 170 → 155 (-15)
21% less capital invested
Capital invested by funds: $289M → $228M (-$60.7M)
50% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$5.71M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.62M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$1.84M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.63M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$2.7M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.54M |
| 3 |
Millennium Management
New York
|
-$1.47M |
| 4 |
Two Sigma Investments
New York
|
-$1.26M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TDC
176
Thompson Davis & Co
Richmond,
Virginia
| – | -$4K | -75 | Closed |
|
|
ASN
177
Advisory Services Network
Atlanta,
Georgia
| – | -$3K | -50 | Closed |
|
178
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -11 | Closed |
|
179
Parallax Volatility Advisers
San Francisco,
California
| – | +$147 | +3 | New |
|
180
Fidelity International
Hamilton,
Bermuda
| – | +$491 | +10 | New |
|
AXAS Hedge Fund Activity: Q3 2018 in Review
155 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q3 2018, worth a combined $228M — down 21% from $289M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of AXAS and 14 opened new positions — a net loss of 14 holders — while 51 trimmed existing stakes and 55 added.
The largest buyer was Mangrove Partners, adding an estimated $5.71M. The largest seller was Panagora Asset Management, cutting an estimated $2.7M.
- 155 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q3 2018, down from 170 in Q2 2018.
- Funds reported $228M of Abraxas Petroleum Corp stock for Q3 2018, down 21% quarter-over-quarter.
- 14 funds opened new Abraxas Petroleum Corp positions in Q3 2018 and 28 closed out, a net change of -14 holders.
- The largest Abraxas Petroleum Corp buyer in Q3 2018 was Mangrove Partners, an estimated $5.71M added.
- The largest Abraxas Petroleum Corp seller in Q3 2018 was Panagora Asset Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q3 2018.