Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
58 hedge funds and large institutions have $126M invested in Liberty Tax, Inc. Class A in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 6 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
4% more funds holding
Funds holding: 56 → 58 (+2)
4% more capital invested
Capital invested by funds: $122M → $126M (+$4.84M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$754K |
| 2 |
Bank of New York Mellon
New York
|
+$748K |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$568K |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$543K |
| 5 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$504K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$1.27M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$842K |
| 3 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$813K |
| 4 |
Renaissance Technologies
New York
|
-$496K |
| 5 |
KPCM
Kings Point Capital Management
Great Neck,
New York
|
-$424K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
51
BlackRock Advisors
Wilmington,
Delaware
| $36K | -$29.5K | -1,296 | -47% |
|
52
BNP Paribas Financial Markets
Paris,
France
| $27.8K | -$3.23K | -142 | -11% |
|
53
Morgan Stanley
New York
| $25K | +$15.6K | +688 | +184% |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $23K | -$3.36K | -148 | -13% |
|
55
UBS Group
Zurich,
Switzerland
| $4K | +$3.46K | +152 | New |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $3K | -$1.41K | -62 | -31% |
|
57
Bank of America
Charlotte,
North Carolina
| $3K | +$2.8K | +123 | +586% |
|
|
WA
58
Whitebox Advisors
Minneapolis,
Minnesota
| – | -$813K | -34,900 | Closed |
|
|
59
Renaissance Technologies
New York
| – | -$496K | -21,296 | Closed |
|
|
KPCM
60
Kings Point Capital Management
Great Neck,
New York
| – | -$424K | -18,200 | Closed |
|
|
ARTA
61
A.R.T. Advisors
New York
| – | -$289K | -12,438 | Closed |
|
62
Walleye Trading
New York
| – | -$44K | -1,900 | Closed |
|
63
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5.82K | -256 | -93% |
|
64
Barclays
London,
United Kingdom
| – | -$1K | -31 | Closed |
|
TAX Hedge Fund Activity: Q4 2015 in Review
58 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q4 2015, worth a combined $126M — up 4% from $122M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TAX positions and 6 closed out — a net gain of 2 holders — while 20 added to existing stakes and 14 trimmed.
The largest buyer was BB&T Securities, adding an estimated $754K. The largest seller was Pembroke Management, cutting an estimated $1.27M.
- 58 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q4 2015, up from 56 in Q3 2015.
- Funds reported $126M of Liberty Tax, Inc. Class A stock for Q4 2015, up 4% quarter-over-quarter.
- 8 funds opened new Liberty Tax, Inc. Class A positions in Q4 2015 and 6 closed out, a net change of +2 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q4 2015 was BB&T Securities, an estimated $754K added.
- The largest Liberty Tax, Inc. Class A seller in Q4 2015 was Pembroke Management, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2015.