Liberty Tax, Inc. Class A
TAX
TAX was delisted on the 1st of August, 2018.
5 hedge funds and large institutions have $4.84M invested in Liberty Tax, Inc. Class A in 2018 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 7 closing their positions.
43% less capital invested
Capital invested by funds: $8.46M → $4.84M (-$3.62M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
58% less funds holding
Funds holding: 12 → 5 (-7)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$23.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
-$1.55M |
| 2 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$1.02M |
| 3 |
SBCM
Schwerin Boyle Capital Management
Springfield,
Massachusetts
|
-$704K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$186K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$122K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SBCM
1
Schwerin Boyle Capital Management
Springfield,
Massachusetts
| $3.48M | -$704K | -60,000 | -17% |
|
|
2
LSV Asset Management
Chicago,
Illinois
| $716K | -$1.55M | -132,298 | -68% |
|
|
KA
3
Kovack Advisors
Ft. Lauderdale,
Florida
| $550K | – | – | – |
|
|
PAM
4
Panagora Asset Management
Boston,
Massachusetts
| $88K | +$23.5K | +2,015 | +36% |
|
5
Nisa Investment Advisors
St. Louis,
Missouri
| $7K | – | – | – |
|
|
6
Tudor Investment Corp
Stamford,
Connecticut
| – | -$1.02M | -87,185 | Closed |
|
|
UCFA
7
United Capital Financial Advisors
Irving,
Texas
| – | -$186K | -15,970 | Closed |
|
|
8
California Public Employees Retirement System
Sacramento,
California
| – | -$122K | -10,489 | Closed |
|
9
Russell Investments Group
London,
United Kingdom
| – | -$110K | -9,400 | Closed |
|
|
MAM
10
Meeder Asset Management
Dublin,
Ohio
| – | -$3K | -263 | Closed |
|
TAX Hedge Fund Activity: Q4 2018 in Review
5 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Liberty Tax, Inc. Class A (TAX) for Q4 2018, worth a combined $4.84M — down 43% from $8.46M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TAX and 0 opened new positions — a net loss of 7 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Panagora Asset Management, adding an estimated $23.5K. The largest seller was LSV Asset Management, cutting an estimated $1.55M.
- 5 institutional investors held Liberty Tax, Inc. Class A (TAX) as of Q4 2018, down from 12 in Q3 2018.
- Funds reported $4.84M of Liberty Tax, Inc. Class A stock for Q4 2018, down 43% quarter-over-quarter.
- 0 funds opened new Liberty Tax, Inc. Class A positions in Q4 2018 and 7 closed out, a net change of -7 holders.
- The largest Liberty Tax, Inc. Class A buyer in Q4 2018 was Panagora Asset Management, an estimated $23.5K added.
- The largest Liberty Tax, Inc. Class A seller in Q4 2018 was LSV Asset Management, an estimated $1.55M sold.
Based on aggregated 13F filings for Q4 2018.