Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
125 hedge funds and large institutions have $111M invested in Abraxas Petroleum Corp in 2019 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 40 increasing their positions, 39 reducing their positions, and 25 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 39
2.72% less ownership
Funds ownership: 55.67% → 52.95% (-2.7%)
11% less funds holding
Funds holding: 140 → 125 (-15)
33% less capital inflows, than outflows
Capital inflows: $8.87M | Capital outflows: $13.3M
60% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wasatch Advisors
Salt Lake City,
Utah
|
+$1.6M |
| 2 |
Portolan Capital Management
Boston,
Massachusetts
|
+$1.04M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$829K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$677K |
| 5 |
Heartland Advisors
Milwaukee,
Wisconsin
|
+$616K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Foundry Partners
Minneapolis,
Minnesota
|
-$2.17M |
| 2 |
SCM
SCW Capital Management
Dallas,
Texas
|
-$1.7M |
| 3 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.49M |
| 4 |
Renaissance Technologies
New York
|
-$1.11M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$944K |
AXAS Hedge Fund Activity: Q1 2019 in Review
125 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q1 2019, worth a combined $111M — up 9.7% from $101M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of AXAS and 10 opened new positions — a net loss of 15 holders — while 39 trimmed existing stakes and 40 added.
The largest buyer was Wasatch Advisors, adding an estimated $1.6M. The largest seller was Foundry Partners, exiting entirely with an estimated $2.17M sold.
- 125 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q1 2019, down from 140 in Q4 2018.
- Funds reported $111M of Abraxas Petroleum Corp stock for Q1 2019, up 9.7% quarter-over-quarter.
- 10 funds opened new Abraxas Petroleum Corp positions in Q1 2019 and 25 closed out, a net change of -15 holders.
- The largest Abraxas Petroleum Corp buyer in Q1 2019 was Wasatch Advisors, an estimated $1.6M added.
- The largest Abraxas Petroleum Corp seller in Q1 2019 was Foundry Partners, an estimated $2.17M sold.
Based on aggregated 13F filings for Q1 2019.