Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
84 hedge funds and large institutions have $5.84M invested in Abraxas Petroleum Corp in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 32 reducing their positions, and 19 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 96 → 84 (-12)
41% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 32
53% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 19
73% less capital invested
Capital invested by funds: $21.6M → $5.84M (-$15.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$841K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$324K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$211K |
| 4 |
State Street
Boston,
Massachusetts
|
+$67.4K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$60.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.52M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$886K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$633K |
| 4 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$481K |
| 5 |
D.E. Shaw & Co
New York
|
-$180K |
AXAS Hedge Fund Activity: Q1 2020 in Review
84 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q1 2020, worth a combined $5.84M — down 73% from $21.6M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of AXAS and 9 opened new positions — a net loss of 10 holders — while 32 trimmed existing stakes and 19 added.
The largest buyer was Russell Investments Group, adding an estimated $841K. The largest seller was Portolan Capital Management, exiting entirely with an estimated $2.52M sold.
- 84 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q1 2020, down from 96 in Q4 2019.
- Funds reported $5.84M of Abraxas Petroleum Corp stock for Q1 2020, down 73% quarter-over-quarter.
- 9 funds opened new Abraxas Petroleum Corp positions in Q1 2020 and 19 closed out, a net change of -10 holders.
- The largest Abraxas Petroleum Corp buyer in Q1 2020 was Russell Investments Group, an estimated $841K added.
- The largest Abraxas Petroleum Corp seller in Q1 2020 was Portolan Capital Management, an estimated $2.52M sold.
Based on aggregated 13F filings for Q1 2020.