Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
56 hedge funds and large institutions have $122M invested in Liberty Tax, Inc. Class A in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 17 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 17
2% less capital invested
Capital invested by funds: $124M → $122M (-$2.95M)
7% less funds holding
Funds holding: 60 → 56 (-4)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBCM
Schwerin Boyle Capital Management
Springfield,
Massachusetts
|
+$3.76M |
| 2 |
LCM
Lafitte Capital Management
Austin,
Texas
|
+$2.43M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.48M |
| 4 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
+$1.4M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$7.01M |
| 2 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$874K |
| 3 |
Renaissance Technologies
New York
|
-$575K |
| 4 |
Two Sigma Investments
New York
|
-$574K |
| 5 |
PM
Pembroke Management
Montreal,
Quebec, Canada
|
-$296K |
TAX Hedge Fund Activity: Q3 2015 in Review
56 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q3 2015, worth a combined $122M — down 2.4% from $124M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TAX and 7 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 17 added.
The largest buyer was Schwerin Boyle Capital Management, opening a new position worth an estimated $3.76M. The largest seller was Royce & Associates, cutting an estimated $7.01M.
- 56 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q3 2015, down from 60 in Q2 2015.
- Funds reported $122M of Liberty Tax, Inc. Class A stock for Q3 2015, down 2.4% quarter-over-quarter.
- 7 funds opened new Liberty Tax, Inc. Class A positions in Q3 2015 and 11 closed out, a net change of -4 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q3 2015 was Schwerin Boyle Capital Management, an estimated $3.76M added.
- The largest Liberty Tax, Inc. Class A seller in Q3 2015 was Royce & Associates, an estimated $7.01M sold.
Based on aggregated 13F filings for Q3 2015.