Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
50 hedge funds and large institutions have $90.1M invested in Liberty Tax, Inc. Class A in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
125% more capital invested
Capital invested by funds: $40.1M → $90.1M (+$50.1M)
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
16% more funds holding
Funds holding: 43 → 50 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$19.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$8.87M |
| 3 |
ZCG
Zesiger Capital Group
New York
|
+$6.64M |
| 4 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$6.31M |
| 5 |
BCM
Bares Capital Management
Austin,
Texas
|
+$2.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAL
TIG Advisors LLC
New York
|
-$4.57M |
| 2 |
KCM
Keane Capital Management
Charlotte,
North Carolina
|
-$789K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$721K |
| 4 |
WFM
Wilmington Funds Management
Wilmington,
Delaware
|
-$676K |
| 5 |
CA
Continental Advisors
Park City,
Utah
|
-$302K |
TAX Hedge Fund Activity: Q1 2014 in Review
50 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q1 2014, worth a combined $90.1M — up 125% from $40.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TAX positions and 2 closed out — a net gain of 7 holders — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Royce & Associates, adding an estimated $19.5M. The largest seller was TIG Advisors LLC, exiting entirely with an estimated $4.57M sold.
- 50 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q1 2014, up from 43 in Q4 2013.
- Funds reported $90.1M of Liberty Tax, Inc. Class A stock for Q1 2014, up 125% quarter-over-quarter.
- 9 funds opened new Liberty Tax, Inc. Class A positions in Q1 2014 and 2 closed out, a net change of +7 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q1 2014 was Royce & Associates, an estimated $19.5M added.
- The largest Liberty Tax, Inc. Class A seller in Q1 2014 was TIG Advisors LLC, an estimated $4.57M sold.
Based on aggregated 13F filings for Q1 2014.