Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
43 hedge funds and large institutions have $40.1M invested in Liberty Tax, Inc. Class A in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
78% more capital invested
Capital invested by funds: $22.5M → $40.1M (+$17.6M)
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
19% more funds holding
Funds holding: 36 → 43 (+7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
+$2.58M |
| 2 |
RA
Royce & Associates
New York
|
+$2.23M |
| 3 |
ZCG
Zesiger Capital Group
New York
|
+$1.72M |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$1.49M |
| 5 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
+$650K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Keane Capital Management
Charlotte,
North Carolina
|
-$429K |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$120K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$116K |
| 4 |
TAL
TIG Advisors LLC
New York
|
-$108K |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$79.3K |
TAX Hedge Fund Activity: Q4 2013 in Review
43 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q4 2013, worth a combined $40.1M — up 78% from $22.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TAX positions and 4 closed out — a net gain of 7 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Northpointe Capital, opening a new position worth an estimated $2.58M. The largest seller was Keane Capital Management, cutting an estimated $429K.
- 43 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q4 2013, up from 36 in Q3 2013.
- Funds reported $40.1M of Liberty Tax, Inc. Class A stock for Q4 2013, up 78% quarter-over-quarter.
- 11 funds opened new Liberty Tax, Inc. Class A positions in Q4 2013 and 4 closed out, a net change of +7 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q4 2013 was Northpointe Capital, an estimated $2.58M added.
- The largest Liberty Tax, Inc. Class A seller in Q4 2013 was Keane Capital Management, an estimated $429K sold.
Based on aggregated 13F filings for Q4 2013.