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TAX

Liberty Tax, Inc. Class A
TAX

Delisted

TAX was delisted on the 1st of August, 2018.

60 hedge funds and large institutions have $105M invested in Liberty Tax, Inc. Class A in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

22% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 9

3% more funds holding

Funds holding: 5860 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

17% less capital invested

Capital invested by funds: $126M → $105M (-$21M)

Holders
60
Holders Change
+2
Holders Change %
+3.45%
% of All Funds
1.6%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
21
Reduced
14
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GCP
26
GSA Capital Partners
United Kingdom
$713K +$395K +20,867 +134%
Fidelity Investments
27
Fidelity Investments
Massachusetts
$492K +$60.6K +3,200 +15%
WCM
28
Wedge Capital Management
North Carolina
$468K -$22.7K -1,200 -5%
CCM
29
Coe Capital Management
Illinois
$450K +$435K +22,982 New
CIC
30
Cornercap Investment Counsel
Georgia
$434K
AWCI
31
Alpine Woods Capital Investors
New York
$394K
CCM
32
Cadence Capital Management
Massachusetts
$393K +$380K +20,040 New
UCFA
33
United Capital Financial Advisors
Texas
$391K
BIM
34
BlackRock Investment Management
Delaware
$385K +$9.61K +507 +3%
Morgan Stanley
35
Morgan Stanley
New York
$319K +$288K +15,220 +1,434%
TCIM
36
TIAA CREF Investment Management
New York
$247K -$49.4K -2,610 -17%
California State Teachers Retirement System (CalSTRS)
37
California State Teachers Retirement System (CalSTRS)
California
$247K +$29.4K +1,553 +14%
MFS
38
MSI Financial Services
Massachusetts
$235K +$228K +12,014 New
Charles Schwab
39
Charles Schwab
California
$230K
EIM
40
Essex Investment Management
Massachusetts
$229K -$1.71K -90 -0.8%
HCM
41
Highlander Capital Management
New Jersey
$176K
CIS
42
Connors Investor Services
Pennsylvania
$167K
TA
43
Teachers Advisors
New York
$152K
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$108K
Citigroup
45
Citigroup
New York
$96K +$49.4K +2,608 +116%
NFA
46
Nationwide Fund Advisors
Ohio
$72K
AIG
47
American International Group
New York
$68K
Deutsche Bank
48
Deutsche Bank
Germany
$54K -$21.8K -1,149 -29%
Manulife (Manufacturers Life Insurance)
49
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$47K +$47.3K +2,495 New
BA
50
BlackRock Advisors
Delaware
$29K

TAX Hedge Fund Activity: Q1 2016 in Review

60 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q1 2016, worth a combined $105M — down 17% from $126M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new TAX positions and 9 closed out — a net gain of 2 holders — while 21 added to existing stakes and 14 trimmed.

The largest buyer was Schwerin Boyle Capital Management, adding an estimated $1.85M. The largest seller was Lafitte Capital Management, exiting entirely with an estimated $2.38M sold.

  • 60 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q1 2016, up from 58 in Q4 2015.
  • Funds reported $105M of Liberty Tax, Inc. Class A stock for Q1 2016, down 17% quarter-over-quarter.
  • 11 funds opened new Liberty Tax, Inc. Class A positions in Q1 2016 and 9 closed out, a net change of +2 holders.
  • The largest Liberty Tax, Inc. Class A buyer in Q1 2016 was Schwerin Boyle Capital Management, an estimated $1.85M added.
  • The largest Liberty Tax, Inc. Class A seller in Q1 2016 was Lafitte Capital Management, an estimated $2.38M sold.

Based on aggregated 13F filings for Q1 2016.