Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
36 hedge funds and large institutions have $22.5M invested in Liberty Tax, Inc. Class A in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and closing their positions.
34% more capital invested
Capital invested by funds: $16.8M → $22.5M (+$5.69M)
24% more funds holding
Funds holding: 29 → 36 (+7)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$660K |
| 2 |
TA
Teton Advisors
Rye,
New York
|
+$437K |
| 3 |
KCM
Keane Capital Management
Charlotte,
North Carolina
|
+$358K |
| 4 |
State Street
Boston,
Massachusetts
|
+$312K |
| 5 |
WFM
Wilmington Funds Management
Wilmington,
Delaware
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$122K |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$113K |
| 3 |
HCM
Highlander Capital Management
Short Hills,
New Jersey
|
-$52.2K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$41.5K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$23.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $58.2K | +$53.5K | +3,073 | New |
|
|
BA
27
BlackRock Advisors
Wilmington,
Delaware
| $40K | +$1.95K | +112 | +6% |
|
|
U
28
UBS
Zurich,
Switzerland
| $40K | +$11.5K | +658 | +44% |
|
|
SO
29
STRS Ohio
Columbus,
Ohio
| $32K | -$6.97K | -400 | -19% |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $18K | -$41.5K | -2,383 | -71% |
|
31
Ameriprise
Minneapolis,
Minnesota
| $5K | – | – | – |
|
|
32
Bank of America
Charlotte,
North Carolina
| $3K | -$122K | -6,981 | -98% |
|
33
Barclays
London,
United Kingdom
| $3K | -$1.13K | -65 | -29% |
|
|
RFC
34
Russell Frank Company
Seattle,
Washington
| $3K | +$2.49K | +143 | New |
|
35
Citigroup
New York
| $2K | +$1.43K | +82 | New |
|
36
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$1.36K | +78 | New |
|
TAX Hedge Fund Activity: Q3 2013 in Review
36 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q3 2013, worth a combined $22.5M — up 34% from $16.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TAX positions and 0 closed out — a net gain of 7 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Northern Trust, adding an estimated $660K. The largest seller was Bank of America, cutting an estimated $122K.
- 36 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q3 2013, up from 29 in Q2 2013.
- Funds reported $22.5M of Liberty Tax, Inc. Class A stock for Q3 2013, up 34% quarter-over-quarter.
- 7 funds opened new Liberty Tax, Inc. Class A positions in Q3 2013 and 0 closed out, a net change of +7 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q3 2013 was Northern Trust, an estimated $660K added.
- The largest Liberty Tax, Inc. Class A seller in Q3 2013 was Bank of America, an estimated $122K sold.
Based on aggregated 13F filings for Q3 2013.