Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
64 hedge funds and large institutions have $79.8M invested in Liberty Tax, Inc. Class A in 2017 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
5% more capital invested
Capital invested by funds: $76M → $79.8M (+$3.86M)
3% more funds holding
Funds holding: 62 → 64 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.52M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.99M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
+$1.65M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$418K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$403K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$988K |
| 2 |
Renaissance Technologies
New York
|
-$835K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$456K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$418K |
| 5 |
Morgan Stanley
New York
|
-$290K |
TAX Hedge Fund Activity: Q1 2017 in Review
64 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q1 2017, worth a combined $79.8M — up 5.1% from $76M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TAX positions and 2 closed out — a net gain of 8 holders — while 24 added to existing stakes and 17 trimmed.
The largest buyer was BlackRock, adding an estimated $4.52M. The largest seller was Kennedy Capital Management, cutting an estimated $988K.
- 64 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q1 2017, up from 62 in Q4 2016.
- Funds reported $79.8M of Liberty Tax, Inc. Class A stock for Q1 2017, up 5.1% quarter-over-quarter.
- 10 funds opened new Liberty Tax, Inc. Class A positions in Q1 2017 and 2 closed out, a net change of +8 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q1 2017 was BlackRock, an estimated $4.52M added.
- The largest Liberty Tax, Inc. Class A seller in Q1 2017 was Kennedy Capital Management, an estimated $988K sold.
Based on aggregated 13F filings for Q1 2017.