Vault-13

ABACUS GLOBAL MGMT INC ABX

CL A · Common Stock · CUSIP 00258Y104

7 institutional holders +0 vs Q3 2023
271,962272.0k shares reported held*
0.4% of all shares outstanding*
$2.7mreported value*
2 new 2 added 0 reduced 2 sold out net bought ≈ $369.1k (+38.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Shares outstanding: 63.3m as of 2023-11-13, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $9.96. Options: 1 managers hold calls ($1.4m notional), 0 hold puts (—).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0258Q3 23: 7Q4 23: 77Q3 23Q4 23
Numbers
QuarterHolders
Q3 20237
Q4 20237

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500k$1m$1.5mQ1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $1.4mQ4 23 puts: $0Q4 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2023$0$0—
Q2 2023$0$0—
Q3 2023$0$0—
Q4 2023$1.4m$00.00

Biggest buyers

AE Wealth Management LLC New +29,152+29.2k
NORTHERN TRUST CORP New +13,448+13.4k
MORGAN STANLEY Added +1,413+1.4k
GEODE CAPITAL MANAGEMENT, LLC Added +1,272+1.3k

Biggest sellers

BARCLAYS PLC Sold out -6,924-6.9k
RESOURCES MANAGEMENT CORP /CT/ /ADV Sold out -150-150

Biggest calls

Alyeska Investment Group, L.P. New $1.4m140.2k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q4 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
404Q1 22: 0 buyingQ1 22: 0 sellingQ2 22: 0 buyingQ2 22: 0 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 0 buyingQ2 23: 0 sellingQ2 23Q3 23: 1 buyingQ3 23: 0 sellingQ4 23: 2 buyingQ4 23: 4 sellingQ4 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q1 20220—0——
Q2 20220—0——
Q3 20220—0——
Q4 20220—0——
Q1 20230—0——
Q2 20230—0——
Q3 20231$100.5k0——
Q4 20232$76.3k4——
DateInsiderTradeSharesPrice ValueTheir holding
2023-11-17 Gusky Adam Samuel Director Bought 5,000 $6.02 $30.1k5.0k shares +28%
2023-11-16 Gusky Adam Samuel Director Bought 7,200 $6.16 $44.4k7.2k shares +68%
2023-11-16 McNealy Sean Co-Founder and President, director Bought 300 $6.17 $1.9k300 shares +<1%
2023-10-13 McNealy Sean Co-Founder and President, director Sold 700,500 — —700.5k shares -5%
2023-10-13 Jackson Jay J Chief Executive Officer, director Sold 700,500 — —700.5k shares -5%
2023-10-13 Kirby Kevin Scott Co-Founder and President Sold 700,500 — —700.5k shares -5%
2023-10-13 Ganovsky Matthew Co-Founder and President Sold 700,500 — —700.5k shares -5%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Alta Fundamental Advisers LLC 0.93% of their portfolio NEW YORK, NY 180,000180.0k $1.7m $1.7m 0.93% Unchanged
2 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 29,15229.2k $360.9k $360.9k 0.00% New
3 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 25,00025.0k $241.5k $241.5k 0.00% Unchanged
4 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 21,09221.1k $206.1k $206.1k 0.00% Added +1.3k +1,272
5 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 13,44813.4k $129.9k $129.9k 0.00% New
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,2703.3k $31.6k $31.6k 0.00% Added +1.4k +1,413
7 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged