Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
150 hedge funds and large institutions have $196M invested in Abraxas Petroleum Corp in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 55 reducing their positions, and 21 closing their positions.
265% more call options, than puts
Call options by funds: $135K | Put options by funds: $37K
3% less funds holding
Funds holding: 155 → 150 (-5)
8% less capital invested
Capital invested by funds: $212M → $196M (-$16.4M)
19% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 21
20% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$3.49M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.35M |
| 3 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
+$1.25M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$1.19M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$1.61M |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.43M |
| 3 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.17M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$1.04M |
| 5 |
JP Morgan Chase
New York
|
-$916K |
AXAS Hedge Fund Activity: Q1 2018 in Review
150 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q1 2018, worth a combined $196M — down 7.7% from $212M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of AXAS and 17 opened new positions — a net loss of 4 holders — while 55 trimmed existing stakes and 44 added.
The largest buyer was Brandywine Global Investment Management, opening a new position worth an estimated $3.49M. The largest seller was McKinley Capital Management, cutting an estimated $1.61M.
- 150 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q1 2018, down from 155 in Q4 2017.
- Funds reported $196M of Abraxas Petroleum Corp stock for Q1 2018, down 7.7% quarter-over-quarter.
- 17 funds opened new Abraxas Petroleum Corp positions in Q1 2018 and 21 closed out, a net change of -4 holders.
- The largest Abraxas Petroleum Corp buyer in Q1 2018 was Brandywine Global Investment Management, an estimated $3.49M added.
- The largest Abraxas Petroleum Corp seller in Q1 2018 was McKinley Capital Management, an estimated $1.61M sold.
Based on aggregated 13F filings for Q1 2018.