Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
59 hedge funds and large institutions have $63.7M invested in Liberty Tax, Inc. Class A in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 8 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
5% more funds holding
Funds holding: 56 → 59 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $67.9M → $63.7M (-$4.22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$5.99M |
| 2 |
Renaissance Technologies
New York
|
+$1.61M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.18M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$836K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$738K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
-$9.05M |
| 2 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$2.59M |
| 3 |
TA
Teton Advisors
Rye,
New York
|
-$839K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$717K |
| 5 |
SSG
Summit Securities Group
New York
|
-$529K |
TAX Hedge Fund Activity: Q3 2016 in Review
59 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q3 2016, worth a combined $63.7M — down 6.2% from $67.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TAX positions and 8 closed out — a net gain of 3 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was Rutabaga Capital Management, adding an estimated $5.99M. The largest seller was Nine Ten Capital Management, cutting an estimated $9.05M.
- 59 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q3 2016, up from 56 in Q2 2016.
- Funds reported $63.7M of Liberty Tax, Inc. Class A stock for Q3 2016, down 6.2% quarter-over-quarter.
- 11 funds opened new Liberty Tax, Inc. Class A positions in Q3 2016 and 8 closed out, a net change of +3 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q3 2016 was Rutabaga Capital Management, an estimated $5.99M added.
- The largest Liberty Tax, Inc. Class A seller in Q3 2016 was Nine Ten Capital Management, an estimated $9.05M sold.
Based on aggregated 13F filings for Q3 2016.