Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
54 hedge funds and large institutions have $121M invested in Liberty Tax, Inc. Class A in 2014 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 13 increasing their positions, 23 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
34% more capital invested
Capital invested by funds: $90.1M → $121M (+$30.7M)
8% more funds holding
Funds holding: 50 → 54 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
43% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$5.87M |
| 2 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$3.76M |
| 3 |
RA
Royce & Associates
New York
|
+$3.51M |
| 4 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$3.02M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$3.57M |
| 2 |
CA
Continental Advisors
Park City,
Utah
|
-$1.37M |
| 3 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$1.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$947K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$845K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
51
Virtus Fund Advisers
Hartford,
Connecticut
| $11K | +$9.11K | +326 | New |
|
52
Federated Hermes
Pittsburgh,
Pennsylvania
| $10K | +$8.36K | +299 | New |
|
|
DA
53
Denali Advisors
San Diego,
California
| $2K | -$1.76K | -63 | -48% |
|
|
NC
54
Northpointe Capital
Bloomfield Hills,
Michigan
| – | -$3.57M | -128,725 | Closed |
|
|
KCM
55
Keane Capital Management
Charlotte,
North Carolina
| – | -$1.85K | -66,869 | Closed |
|
|
AWCI
56
Alpine Woods Capital Investors
Purchase,
New York
| – | -$534K | -19,248 | Closed |
|
|
TCIM
57
TIAA CREF Investment Management
New York
| – | -$522K | -18,829 | Closed |
|
|
BAM
58
Burgundy Asset Management
Toronto,
Ontario, Canada
| – | -$432K | -15,586 | Closed |
|
|
TA
59
Teachers Advisors
New York
| – | -$165K | -5,937 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$10K | -354 | Closed |
|
61
BNP Paribas Financial Markets
Paris,
France
| – | -$5.47K | -201 | Closed |
|
|
LTFS
62
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$419 | +15 | New |
|
TAX Hedge Fund Activity: Q2 2014 in Review
54 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q2 2014, worth a combined $121M — up 34% from $90.1M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TAX positions and 8 closed out — a net gain of 4 holders — while 13 added to existing stakes and 23 trimmed.
The largest buyer was Columbia Wanger Asset Management, opening a new position worth an estimated $5.87M. The largest seller was Northpointe Capital, exiting entirely with an estimated $3.57M sold.
- 54 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q2 2014, up from 50 in Q1 2014.
- Funds reported $121M of Liberty Tax, Inc. Class A stock for Q2 2014, up 34% quarter-over-quarter.
- 12 funds opened new Liberty Tax, Inc. Class A positions in Q2 2014 and 8 closed out, a net change of +4 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q2 2014 was Columbia Wanger Asset Management, an estimated $5.87M added.
- The largest Liberty Tax, Inc. Class A seller in Q2 2014 was Northpointe Capital, an estimated $3.57M sold.
Based on aggregated 13F filings for Q2 2014.