Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
67 hedge funds and large institutions have $87.3M invested in Liberty Tax, Inc. Class A in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 25 reducing their positions, and 1 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 1
18% more funds holding
Funds holding: 57 → 67 (+10)
16% more capital invested
Capital invested by funds: $75.5M → $87.3M (+$11.8M)
36% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$3M |
| 2 |
CC
Cannell Capital
Alta,
Wyoming
|
+$1.81M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$829K |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$470K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$464K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$3.41M |
| 2 |
AG
Algert Global
San Francisco,
California
|
-$317K |
| 3 |
TCM
Tieton Capital Management
Yakima,
Washington
|
-$307K |
| 4 |
Goldman Sachs
New York
|
-$293K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$241K |
TAX Hedge Fund Activity: Q3 2017 in Review
67 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q3 2017, worth a combined $87.3M — up 16% from $75.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TAX positions and 1 closed out — a net gain of 10 holders — while 16 added to existing stakes and 25 trimmed.
The largest buyer was Nantahala Capital Management, adding an estimated $3M. The largest seller was Rutabaga Capital Management, cutting an estimated $3.41M.
- 67 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q3 2017, up from 57 in Q2 2017.
- Funds reported $87.3M of Liberty Tax, Inc. Class A stock for Q3 2017, up 16% quarter-over-quarter.
- 11 funds opened new Liberty Tax, Inc. Class A positions in Q3 2017 and 1 closed out, a net change of +10 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q3 2017 was Nantahala Capital Management, an estimated $3M added.
- The largest Liberty Tax, Inc. Class A seller in Q3 2017 was Rutabaga Capital Management, an estimated $3.41M sold.
Based on aggregated 13F filings for Q3 2017.