Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
110 hedge funds and large institutions have $58M invested in Abraxas Petroleum Corp in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 22 reducing their positions, and 15 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 22
58% more capital invested
Capital invested by funds: $36.8M → $58M (+$21.2M)
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
4% more funds holding
Funds holding: 106 → 110 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$5.07M |
| 2 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$4.53M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$4.32M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
+$1.18M |
| 5 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
-$1.37M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$899K |
| 3 |
LPL Financial
San Diego,
California
|
-$446K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$413K |
| 5 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
-$393K |
AXAS Hedge Fund Activity: Q2 2016 in Review
110 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q2 2016, worth a combined $58M — up 58% from $36.8M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new AXAS positions and 15 closed out — a net gain of 5 holders — while 38 added to existing stakes and 22 trimmed.
The largest buyer was Cortina Asset Management, opening a new position worth an estimated $5.07M. The largest seller was Dalton, Greiner, Hartman, Maher & Co, cutting an estimated $1.37M.
- 110 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q2 2016, up from 106 in Q1 2016.
- Funds reported $58M of Abraxas Petroleum Corp stock for Q2 2016, up 58% quarter-over-quarter.
- 20 funds opened new Abraxas Petroleum Corp positions in Q2 2016 and 15 closed out, a net change of +5 holders.
- The largest Abraxas Petroleum Corp buyer in Q2 2016 was Cortina Asset Management, an estimated $5.07M added.
- The largest Abraxas Petroleum Corp seller in Q2 2016 was Dalton, Greiner, Hartman, Maher & Co, an estimated $1.37M sold.
Based on aggregated 13F filings for Q2 2016.