Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
103 hedge funds and large institutions have $38.9M invested in Abraxas Petroleum Corp in 2019 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 23 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
10% less funds holding
Funds holding: 115 → 103 (-12)
48% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 23
56% less capital invested
Capital invested by funds: $88.8M → $38.9M (-$49.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$440K |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$373K |
| 3 |
BlackRock
New York
|
+$218K |
| 4 |
D.E. Shaw & Co
New York
|
+$177K |
| 5 |
BCC
Biglari Capital Corp
San Antonio,
Texas
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$1.29M |
| 2 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$1.1M |
| 3 |
OWIM
Old West Investment Management
Los Angeles,
California
|
-$1.07M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$851K |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$818K |
AXAS Hedge Fund Activity: Q3 2019 in Review
103 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q3 2019, worth a combined $38.9M — down 56% from $88.8M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of AXAS and 12 opened new positions — a net loss of 11 holders — while 30 trimmed existing stakes and 30 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $440K. The largest seller was Portolan Capital Management, cutting an estimated $1.29M.
- 103 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q3 2019, down from 115 in Q2 2019.
- Funds reported $38.9M of Abraxas Petroleum Corp stock for Q3 2019, down 56% quarter-over-quarter.
- 12 funds opened new Abraxas Petroleum Corp positions in Q3 2019 and 23 closed out, a net change of -11 holders.
- The largest Abraxas Petroleum Corp buyer in Q3 2019 was Renaissance Technologies, an estimated $440K added.
- The largest Abraxas Petroleum Corp seller in Q3 2019 was Portolan Capital Management, an estimated $1.29M sold.
Based on aggregated 13F filings for Q3 2019.