U.S. Tax Reform Fund
TAXR
TAXR was delisted on the 18th of April, 2018.
6 hedge funds and large institutions have $1.7M invested in U.S. Tax Reform Fund in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
20% more funds holding
Funds holding: 5 → 6 (+1)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
81% less capital invested
Capital invested by funds: $8.95M → $1.7M (-$7.24M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$419K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$244K |
| 3 |
Jane Street
New York
|
+$171K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$65.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.48M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$419K |
| 3 |
Lido Advisors
Los Angeles,
California
|
-$213K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $935K | +$171K | +8,035 | +22% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $414K | +$419K | +19,707 | New |
|
|
3
Bank of America
Charlotte,
North Carolina
| $241K | +$244K | +11,494 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| $65K | +$65.4K | +3,076 | New |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $48K | -$419K | -19,737 | -90% |
|
|
CAC
6
Certified Advisory Corp
Altamonte Springs,
Florida
| $1K | – | – | – |
|
|
CS
7
Credit Suisse
Zurich,
Switzerland
| – | -$7.48M | -350,000 | Closed |
|
|
8
Lido Advisors
Los Angeles,
California
| – | -$213K | -10,000 | Closed |
|
TAXR Hedge Fund Activity: Q1 2018 in Review
6 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in U.S. Tax Reform Fund (TAXR) for Q1 2018, worth a combined $1.7M — down 81% from $8.95M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TAXR positions and 2 closed out — a net gain of 1 holder — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $419K. The largest seller was Credit Suisse, exiting entirely with an estimated $7.48M sold.
- 6 institutional investors held U.S. Tax Reform Fund (TAXR) as of Q1 2018, up from 5 in Q4 2017.
- Funds reported $1.7M of U.S. Tax Reform Fund stock for Q1 2018, down 81% quarter-over-quarter.
- 3 funds opened new U.S. Tax Reform Fund positions in Q1 2018 and 2 closed out, a net change of +1 holder.
- The largest U.S. Tax Reform Fund buyer in Q1 2018 was Susquehanna International Group, an estimated $419K added.
- The largest U.S. Tax Reform Fund seller in Q1 2018 was Credit Suisse, an estimated $7.48M sold.
Based on aggregated 13F filings for Q1 2018.