Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
129 hedge funds and large institutions have $132M invested in Abraxas Petroleum Corp in 2016 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 30 increasing their positions, 36 reducing their positions, and 17 closing their positions.
559% more call options, than puts
Call options by funds: $191K | Put options by funds: $29K
147% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 17
48% more capital invested
Capital invested by funds: $88.8M → $132M (+$42.8M)
23% more funds holding
Funds holding: 105 → 129 (+24)
17% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 36
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$5.63M |
| 2 |
Millennium Management
New York
|
+$2M |
| 3 |
Morgan Stanley
New York
|
+$1.22M |
| 4 |
Two Sigma Investments
New York
|
+$1.2M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$8.05M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$7M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$3.66M |
| 4 |
CCM
Coe Capital Management
Highland Park,
Illinois
|
-$2.81M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
-$1.43M |
AXAS Hedge Fund Activity: Q4 2016 in Review
129 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q4 2016, worth a combined $132M — up 48% from $88.8M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new AXAS positions and 17 closed out — a net gain of 25 holders — while 30 added to existing stakes and 36 trimmed.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $5.63M. The largest seller was Formula Growth, exiting entirely with an estimated $8.05M sold.
- 129 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q4 2016, up from 105 in Q3 2016.
- Funds reported $132M of Abraxas Petroleum Corp stock for Q4 2016, up 48% quarter-over-quarter.
- 42 funds opened new Abraxas Petroleum Corp positions in Q4 2016 and 17 closed out, a net change of +25 holders.
- The largest Abraxas Petroleum Corp buyer in Q4 2016 was JP Morgan Chase, an estimated $5.63M added.
- The largest Abraxas Petroleum Corp seller in Q4 2016 was Formula Growth, an estimated $8.05M sold.
Based on aggregated 13F filings for Q4 2016.