Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
67 hedge funds and large institutions have $159M invested in Liberty Tax, Inc. Class A in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 25 reducing their positions, and 9 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
31% more capital invested
Capital invested by funds: $121M → $159M (+$38M)
3% more funds holding
Funds holding: 65 → 67 (+2)
28% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
+$7.33M |
| 2 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
+$3.63M |
| 3 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$2.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$2.31M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZCG
Zesiger Capital Group
New York
|
-$7.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.52M |
| 3 |
RA
Royce & Associates
New York
|
-$2.27M |
| 4 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$1.82M |
| 5 |
CAD
Craig A. Drill
|
-$1.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2K | -50 | Closed |
|
TAX Hedge Fund Activity: Q4 2014 in Review
67 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q4 2014, worth a combined $159M — up 31% from $121M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TAX positions and 9 closed out — a net gain of 4 holders — while 18 added to existing stakes and 25 trimmed.
The largest buyer was Pembroke Management, opening a new position worth an estimated $7.33M. The largest seller was Zesiger Capital Group, cutting an estimated $7.3M.
- 67 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q4 2014, up from 65 in Q3 2014.
- Funds reported $159M of Liberty Tax, Inc. Class A stock for Q4 2014, up 31% quarter-over-quarter.
- 13 funds opened new Liberty Tax, Inc. Class A positions in Q4 2014 and 9 closed out, a net change of +4 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q4 2014 was Pembroke Management, an estimated $7.33M added.
- The largest Liberty Tax, Inc. Class A seller in Q4 2014 was Zesiger Capital Group, an estimated $7.3M sold.
Based on aggregated 13F filings for Q4 2014.