Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
62 hedge funds and large institutions have $45.7M invested in Liberty Tax, Inc. Class A in 2018 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 12 closing their positions.
0% more funds holding
Funds holding: 62 → 62 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
27% less capital invested
Capital invested by funds: $62.9M → $45.7M (-$17.3M)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$1.39M |
| 2 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$1.28M |
| 3 |
Millennium Management
New York
|
+$896K |
| 4 |
Goldman Sachs
New York
|
+$717K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$4.46M |
| 2 |
BlackRock
New York
|
-$2.92M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.03M |
| 4 |
CC
Cannell Capital
Alta,
Wyoming
|
-$872K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$570K |
TAX Hedge Fund Activity: Q2 2018 in Review
62 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q2 2018, worth a combined $45.7M — down 27% from $62.9M a quarter earlier.
Fund positioning in TAX was balanced in Q2 2018: 12 funds opened new positions, 12 closed out, 15 added to existing stakes and 22 trimmed.
The largest buyer was B. Riley Financial, opening a new position worth an estimated $1.39M. The largest seller was Royce & Associates, cutting an estimated $4.46M.
- 62 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $45.7M of Liberty Tax, Inc. Class A stock for Q2 2018, down 27% quarter-over-quarter.
- 12 funds opened new Liberty Tax, Inc. Class A positions in Q2 2018 and 12 closed out, a net change of 0 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q2 2018 was B. Riley Financial, an estimated $1.39M added.
- The largest Liberty Tax, Inc. Class A seller in Q2 2018 was Royce & Associates, an estimated $4.46M sold.
Based on aggregated 13F filings for Q2 2018.