Vault-13

ABACUS GLOBAL MGMT INC ABX

CL A · Common Stock · CUSIP 00258Y104

46 institutional holders +30 vs Q1 2024
11,798,62311.8m shares reported held*
18.4% of all shares outstanding*
$102.1mreported value*
33 new 4 added 4 reduced 3 sold out net bought ≈ $98.7m (+11.4m 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 ($7.1k this quarter). Holder counts are more reliable. Shares outstanding: 64.0m as of 2024-06-07, 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 ≈ $8.65. Options: 1 managers hold calls ($1.2m notional), 0 hold puts (—).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0204060Q3 23: 7Q4 23: 7Q1 24: 16Q2 24: 4646Q3 23Q4 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20237
Q4 20237
Q1 202416
Q2 202446

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 23: 4 bought or addedQ4 23: 2 cut or sold outQ4 23Q1 24: 11 bought or addedQ1 24: 3 cut or sold outQ1 24Q2 24: 37 bought or addedQ2 24: 7 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202342
Q1 2024113
Q2 2024377

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $1.4mQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $1.2mQ2 24 puts: $0Q2 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2023$0$0—
Q4 2023$1.4m$00.00
Q1 2024$0$0—
Q2 2024$1.2m$00.00

Biggest buyers

Allspring Global Investments Holdings, LLC New +1,145,519+1.1m
Alyeska Investment Group, L.P. New +1,050,000+1.1m
PRINCIPAL FINANCIAL GROUP INC New +936,971+937.0k
GOLDMAN SACHS GROUP INC Added +914,448+914.4k
Balyasny Asset Management L.P. New +862,988+863.0k
STATE OF WISCONSIN INVESTMENT BOARD New +600,000+600.0k
Zimmer Partners, LP New +600,000+600.0k
Point72 Asset Management, L.P. New +600,000+600.0k
MENDON CAPITAL ADVISORS CORP New +537,235+537.2k
Curi Capital, LLC New +537,235+537.2k

Biggest sellers

HRT FINANCIAL LP Sold out -18,618-18.6k
JPMORGAN CHASE & CO Sold out -9,928-9.9k
CITIGROUP INC Reduced -4,221-4.2k
Qube Research & Technologies Ltd Reduced -1,902-1.9k
MORGAN STANLEY Reduced -1,013-1.0k
NORTHERN TRUST CORP Reduced -854-854
MACQUARIE GROUP LTD Sold out -521-521

Biggest calls

Alyeska Investment Group, L.P. New $1.2m140.2k 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 Q2 2024

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
404Q3 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 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20220—0——
Q4 20220—0——
Q1 20230—0——
Q2 20230—0——
Q3 20231$100.5k0——
Q4 20232$76.3k4——
Q1 20240—0——
Q2 20240—0——

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 1,145,5191.1m $9.9m $9.9m 0.02% New
2 Alyeska Investment Group, L.P. 0.05% of their portfolio CHICAGO, IL 1,050,0001.1m $9.1m $9.1m 0.05% New
3 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 943,049943.0k $8.2m $8.2m 0.00% Added +914.4k +914,448
4 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 936,971937.0k $8.1m $8.1m 0.00% New
5 Balyasny Asset Management L.P. 0.02% of their portfolio Chicago, IL 862,988863.0k $7.5m $7.5m 0.02% New
6 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 600,000600.0k $5.2m $5.2m 0.01% New
7 Zimmer Partners, LP 0.10% of their portfolio NEW YORK, NY 600,000600.0k $5.2m $5.2m 0.10% New
8 Point72 Asset Management, L.P. 0.02% of their portfolio STAMFORD, CT 600,000600.0k $5.2m $5.2m 0.02% New
9 MENDON CAPITAL ADVISORS CORP 3.08% of their portfolio KEY LARGO, FL 537,235537.2k $5.0m $5.0m 3.08% New
10 Curi Capital, LLC 0.11% of their portfolio CHICAGO, IL 537,235537.2k $4.6m $4.6m 0.11% New
11 Clearbridge Investments, LLC 0.00% of their portfolio NEW YORK, NY 501,940501.9k $4.3m $4.3m 0.00% New
12 Alta Fundamental Advisers LLC 1.71% of their portfolio NEW YORK, NY 452,087452.1k $3.9m $3.9m 1.71% Added +272.1k +272,087
13 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 422,425422.4k $3.7m $3.7m 0.00% New
14 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 350,000350.0k $3.0m $3.0m 0.00% New
15 Stieven Capital Advisors, L.P. 0.62% of their portfolio ST. LOUIS, MO 325,000325.0k $2.8m $2.8m 0.62% New
16 GRATIA CAPITAL, LLC 3.33% of their portfolio LOS ANGELES, CA 250,000250.0k $2.2m $2.2m 3.33% New
17 ROYCE & ASSOCIATES LP 0.02% of their portfolio New York, NY 220,000220.0k $1.9m $1.9m 0.02% New
18 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 201,035201.0k $1.7m $1.7m 0.00% Added +186.7k +186,703
19 AWM Investment Company, Inc. 0.23% of their portfolio NEW YORK, NY 200,000200.0k $1.7m $1.7m 0.23% New
20 SEVEN GRAND MANAGERS, LLC 0.63% of their portfolio BRONXVILLE, NY 159,982160.0k $1.4m $1.4m 0.63% New
21 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 136,489136.5k $1.2m $1.2m 0.00% New
22 SOROS FUND MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 131,481131.5k $1.1m $1.1m 0.03% New
23 Blackstone Inc. 0.00% of their portfolio NEW YORK, NY 125,000125.0k $1.1m $1.1m 0.00% New
24 Kodai Capital Management LP 0.02% of their portfolio CHICAGO, IL 125,000125.0k $1.1m $1.1m 0.02% New
25 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 117,795117.8k $1.0m $1.0m 0.00% New
26 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 48,27248.3k $417.5k $417.5k 0.00% New
27 Quarry LP 0.01% of their portfolio NEW YORK, NY 36,78036.8k $26.3k $26.3k 0.01% New
28 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 31,86331.9k $275.6k $275.6k 0.00% Unchanged
29 Richard W. Paul & Associates, LLC 0.10% of their portfolio NOVI, MI 30,44830.4k $263.4k $263.4k 0.10% Added +1.4k +1,401
30 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 25,00025.0k $216.2k $216.2k 0.00% Unchanged
31 Crestline Management, L.P. 0.01% of their portfolio FORT WORTH, TX 17,50017.5k $151.4k $151.4k 0.01% New
32 LEVIN CAPITAL STRATEGIES, L.P. 0.01% of their portfolio NEW YORK, NY 15,00015.0k $129.8k $129.8k 0.01% New
33 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 12,20012.2k $105.5k $105.5k 0.00% New
34 Inscription Capital, LLC 0.02% of their portfolio HOUSTON, TX 12,00012.0k $103.8k $103.8k 0.02% New
35 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 11,83111.8k $102.3k $102.3k 0.00% New
36 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 10,71610.7k $92.7k $92.7k 0.00% Reduced -854 -854
37 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6,6906.7k $57.9k $57.9k 0.00% New
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 3,1113.1k $26.9k $26.9k 0.00% New
39 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 2,4852.5k $21.5k $21.5k 0.00% New
40 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 1,5801.6k $13.7k $13.7k 0.00% Reduced -1.9k -1,902
41 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,0001.0k $8.7k $8.7k 0.00% Reduced -1.0k -1,013
42 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 819819 $7.1k $7.1k 0.00% New
43 UBS Group AG 0.00% of their portfolio ZURICH, V8 800800 $6.9k $6.9k 0.00% Unchanged
44 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 100100 $865 $865 0.00% Unchanged
45 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1616 $138 $138 0.00% Reduced -4.2k -4,221
46 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged