Abraxas Petroleum Corp
AXAS
AXAS was delisted on the 3rd of August, 2021.
69 hedge funds and large institutions have $6.45M invested in Abraxas Petroleum Corp in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 25 reducing their positions, and 32 closing their positions.
12.21% less ownership
Funds ownership: 28.66% → 16.45% (-12%)
18% less funds holding
Funds holding: 84 → 69 (-15)
47% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 32
48% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 25
70% less capital inflows, than outflows
Capital inflows: $1.52M | Capital outflows: $5.06M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
+$306K |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$256K |
| 3 |
Paloma Partners
Greenwich,
Connecticut
|
+$201K |
| 4 |
Millennium Management
New York
|
+$122K |
| 5 |
Goldman Sachs
New York
|
+$95.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.83M |
| 2 |
State Street
Boston,
Massachusetts
|
-$675K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$466K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$315K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$263K |
AXAS Hedge Fund Activity: Q2 2020 in Review
69 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in Abraxas Petroleum Corp (AXAS) for Q2 2020, worth a combined $6.45M — up 10% from $5.84M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of AXAS and 17 opened new positions — a net loss of 15 holders — while 25 trimmed existing stakes and 13 added.
The largest buyer was Squarepoint, opening a new position worth an estimated $306K. The largest seller was BlackRock, cutting an estimated $1.83M.
- 69 institutional investors held Abraxas Petroleum Corp (AXAS) as of Q2 2020, down from 84 in Q1 2020.
- Funds reported $6.45M of Abraxas Petroleum Corp stock for Q2 2020, up 10% quarter-over-quarter.
- 17 funds opened new Abraxas Petroleum Corp positions in Q2 2020 and 32 closed out, a net change of -15 holders.
- The largest Abraxas Petroleum Corp buyer in Q2 2020 was Squarepoint, an estimated $306K added.
- The largest Abraxas Petroleum Corp seller in Q2 2020 was BlackRock, an estimated $1.83M sold.
Based on aggregated 13F filings for Q2 2020.