Vault-13

ABSOLUTE SOFTWARE CORP

COM · Common Stock · CUSIP 00386B109

101 institutional holders +21 vs Q1 2023
40,272,69440.3m shares reported held*
$460.8mreported value*
39 new 20 added 27 reduced 19 sold out net bought ≈ $44.6m (+4.0m 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 ($4.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.44. Options: 8 managers hold calls ($3.5m notional), 9 hold puts ($8.8m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 82Q4 22: 80Q1 23: 80Q2 23: 101101Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202282
Q4 202280
Q1 202380
Q2 2023101

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 40 bought or addedQ4 22: 36 cut or sold outQ4 22Q1 23: 35 bought or addedQ1 23: 34 cut or sold outQ1 23Q2 23: 59 bought or addedQ2 23: 46 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20224036
Q1 20233534
Q2 20235946

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 22 calls: $58.0kQ3 22 puts: $9.5mQ3 22P/C 164.52Q4 22 calls: $3.3mQ4 22 puts: $11.5mQ4 22P/C 3.46Q1 23 calls: $47.8kQ1 23 puts: $4.7mQ1 23P/C 98.59Q2 23 calls: $3.5mQ2 23 puts: $8.8mQ2 23P/C 2.53
Numbers
QuarterCallsPutsP/C
Q3 2022$58.0k$9.5m164.52
Q4 2022$3.3m$11.5m3.46
Q1 2023$47.8k$4.7m98.59
Q2 2023$3.5m$8.8m2.53

Biggest buyers

GLAZER CAPITAL, LLC New +3,047,480+3.0m
ALPINE ASSOCIATES MANAGEMENT INC. New +1,895,300+1.9m
WATER ISLAND CAPITAL LLC New +1,697,977+1.7m
GOLDMAN SACHS GROUP INC Added +1,285,911+1.3m
GABELLI FUNDS LLC New +1,189,908+1.2m
BARDIN HILL MANAGEMENT PARTNERS LP New +1,065,825+1.1m
Sand Grove Capital Management LLP New +1,030,462+1.0m
Carlson Capital, L.P. New +994,963+995.0k
NEXPOINT ASSET MANAGEMENT, L.P. New +901,767+901.8k
AQR Arbitrage LLC New +743,678+743.7k

Biggest sellers

Connor, Clark & Lunn Investment Management Ltd. Sold out -3,454,108-3.5m
Trigran Investments, Inc. Reduced -3,425,384-3.4m
WELLINGTON MANAGEMENT GROUP LLP Sold out -2,036,027-2.0m
Divisar Capital Management LLC Sold out -1,936,577-1.9m
SILVERCREST ASSET MANAGEMENT GROUP LLC Sold out -940,677-940.7k
Triasima Portfolio Management inc. Sold out -540,285-540.3k
PCJ Investment Counsel Ltd. Sold out -539,142-539.1k
JPMORGAN CHASE & CO Reduced -514,933-514.9k
RICE HALL JAMES & ASSOCIATES, LLC Sold out -369,366-369.4k
MORGAN STANLEY Reduced -339,306-339.3k

Biggest calls

Maven Securities LTD New $1.5m130.0k shares
MILLENNIUM MANAGEMENT LLC New $1.4m123.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $312.9k27.3k shares
Parallax Volatility Advisers, L.P. New $217.7k19.0k shares
SIMPLEX TRADING, LLC New $32.0k2.8k shares
GROUP ONE TRADING LLC Reduced $17.2k1.5k shares
CITADEL ADVISORS LLC Reduced $10.3k900 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Parallax Volatility Advisers, L.P. Unchanged $6.9m600.0k shares
Maven Securities LTD New $576.4k50.3k shares
MILLENNIUM MANAGEMENT LLC New $573.0k50.0k shares
Anson Funds Management LP New $573.0k50.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $200.6k17.5k shares
CSS LLC/IL New $22.9k2.0k shares
SIMPLEX TRADING, LLC Added $5.0k500 shares
CITADEL ADVISORS LLC Reduced $3.4k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

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.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Lynrock Lake LP 2.82% of their portfolio RYE BROOK, NY 5,866,6665.9m $67.2m $67.2m 2.82% Added +97.3k +97,335
2 Edenbrook Capital, LLC 19.15% of their portfolio Mt. Kisco, NY 5,506,9895.5m $63.1m $63.1m 19.15% Unchanged
3 GLAZER CAPITAL, LLC 2.31% of their portfolio New York, NY 3,047,4803.0m $34.9m $34.9m 2.31% New
4 Trigran Investments, Inc. 2.82% of their portfolio NORTHBROOK, IL 2,551,3252.6m $29.2m $29.2m 2.82% Reduced -3.4m -3,425,384
5 ALPINE ASSOCIATES MANAGEMENT INC. 0.98% of their portfolio PALM BEACH, FL 1,895,3001.9m $21.7m $21.7m 0.98% New
6 WATER ISLAND CAPITAL LLC 1.81% of their portfolio NEW YORK, NY 1,697,9771.7m $19.5m $19.5m 1.81% New
7 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,490,9961.5m $17.1m $17.1m 0.00% Added +1.3m +1,285,911
8 GABELLI FUNDS LLC 0.10% of their portfolio Rye, NY 1,189,9081.2m $13.6m $13.6m 0.10% New
9 PARADIGM CAPITAL MANAGEMENT INC/NY 0.74% of their portfolio ALBANY, NY 1,125,4151.1m $12.9m $12.9m 0.74% Reduced -23.6k -23,600
10 BARDIN HILL MANAGEMENT PARTNERS LP 3.21% of their portfolio NEW YORK, NY 1,065,8251.1m $12.2m $12.2m 3.21% New
11 Sand Grove Capital Management LLP 1.78% of their portfolio LONDON, X0 1,030,4621.0m $11.8m $11.8m 1.78% New
12 Carlson Capital, L.P. 0.98% of their portfolio DALLAS, TX 994,963995.0k $11.4m $11.4m 0.98% New
13 NEXPOINT ASSET MANAGEMENT, L.P. 1.56% of their portfolio Dallas, TX 901,767901.8k $10.3m $10.3m 1.56% New
14 AQR Arbitrage LLC 0.37% of their portfolio Greenwich, CT 743,678743.7k $8.5m $8.5m 0.37% New
15 Samson Rock Capital LLP 11.73% of their portfolio LONDON, X0 677,823677.8k $7.8m $7.8m 11.73% New
16 Ergoteles LLC 0.32% of their portfolio NEW YORK, NY 579,114579.1k $6.6m $6.6m 0.32% New
17 Magnetar Financial LLC 0.14% of their portfolio EVANSTON, IL 562,886562.9k $6.5m $6.5m 0.14% New
18 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 523,334523.3k $6.0m $6.0m 0.01% Added +32.5k +32,497
19 GABELLI & Co INVESTMENT ADVISERS, INC. 0.99% of their portfolio Rye, NY 515,000515.0k $5.9m $5.9m 0.99% New
20 HERALD INVESTMENT MANAGEMENT Ltd 1.11% of their portfolio LONDON, X0 500,000500.0k $5.7m $5.7m 1.11% Unchanged
21 S SQUARED TECHNOLOGY, LLC 2.35% of their portfolio RYE, NY 414,700414.7k $4.8m $4.8m 2.35% Unchanged
22 LMR Partners LLP 0.09% of their portfolio LONDON, X0 342,942342.9k $3.9m $3.9m 0.09% New
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 335,284335.3k $3.8m $3.8m 0.00% Added +263.9k +263,897
24 Candriam S.C.A. 0.03% of their portfolio STRASSEN, N4 323,044323.0k $3.7m $3.7m 0.03% New
25 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 309,273309.3k $3.5m $3.5m 0.00% Added +280.0k +279,960
26 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 292,750292.8k $3.4m $3.4m 0.00% Reduced -55.3k -55,320
27 CRAWFORD INVESTMENT COUNSEL INC 0.07% of their portfolio ATLANTA, GA 291,262291.3k $3.3m $3.3m 0.07% Reduced -285.5k -285,504
28 PRELUDE CAPITAL MANAGEMENT, LLC 0.26% of their portfolio NEW YORK, NY 273,687273.7k $3.1m $3.1m 0.26% New
29 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.03% of their portfolio VICTORIA, A1 267,402267.4k $3.1m $3.1m 0.03% Reduced -4.0k -4,033
30 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 256,658256.7k $2.9m $2.9m 0.00% Reduced -339.3k -339,306
31 EHP Funds Inc. 0.81% of their portfolio TORONTO, Z4 250,000250.0k $2.9m $2.9m 0.81% New
32 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 226,445226.4k $2.6m $2.6m 0.00% New
33 Harber Asset Management LLC 0.59% of their portfolio Asheville, NC 194,255194.3k $2.2m $2.2m 0.59% Reduced -327.1k -327,054
34 Uniplan Investment Counsel, Inc. 0.15% of their portfolio MILWAUKEE, WI 180,881180.9k $2.1m $2.1m 0.15% Reduced -1.0k -1,029
35 Polar Asset Management Partners Inc. 0.04% of their portfolio TORONTO, A6 180,000180.0k $2.1m $2.1m 0.04% New
36 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 173,644173.6k $2.0m $2.0m 0.01% Added +53.8k +53,836
37 GAMCO INVESTORS, INC. ET AL 0.02% of their portfolio GREENWICH, CT 173,600173.6k $2.0m $2.0m 0.02% New
38 Millrace Asset Group, Inc. 2.06% of their portfolio BERWYN, PA 171,463171.5k $2.0m $2.0m 2.06% Reduced -921 -921
39 Arena Investors LP 1.81% of their portfolio PURCHASE, NY 163,000163.0k $1.9m $1.9m 1.81% New
40 Crystalline Management Inc. 1.26% of their portfolio Montreal, Quebec, Z4 155,949155.9k $1.8m $1.8m 1.26% New
41 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 151,286151.3k $1.7m $1.7m 0.00% Added +132.2k +132,181
42 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 133,500133.5k $1.5m $1.5m 0.00% New
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 132,426132.4k $1.5m $1.5m 0.00% Reduced -514.9k -514,933
44 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 128,361128.4k $1.5m $1.5m 0.00% Reduced -148.6k -148,629
45 Sagefield Capital LP 0.31% of their portfolio DALLAS, TX 126,616126.6k $1.5m $1.5m 0.31% New
46 Ionic Capital Management LLC 0.58% of their portfolio NEW YORK, NY 125,000125.0k $1.4m $1.4m 0.58% New
47 RBF Capital, LLC 0.08% of their portfolio RENO, NV 110,812110.8k $1.3m $1.3m 0.08% Unchanged
48 Swiss National Bank 0.00% of their portfolio ZURICH, V8 104,700104.7k $1.2m $1.2m 0.00% Reduced -9.1k -9,100
49 PICTON MAHONEY ASSET MANAGEMENT 0.05% of their portfolio Toronto, A6 97,36897.4k $1.1m $1.1m 0.05% New
50 Carmignac Gestion 0.02% of their portfolio PARIS, I0 95,32195.3k $1.1m $1.1m 0.02% Not comparable
51 Olympiad Research LP 1.00% of their portfolio Stamford, CT 88,81088.8k $1.0m $1.0m 1.00% New
52 Parallax Volatility Advisers, L.P. 0.03% of their portfolio San Francisco, CA 75,83475.8k $869.1k $869.1k 0.03% Reduced -134.8k -134,786
53 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 68,37268.4k $784.0k $784.0k 0.00% Added +52.0k +52,036
54 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 66,57266.6k $762.9k $762.9k 0.00% Added +9.6k +9,578
55 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 64,31964.3k $737.1k $737.1k 0.01% New
56 BCK CAPITAL MANAGEMENT LP 0.53% of their portfolio STAMFORD, CT 60,50060.5k $693.3k $693.3k 0.53% New
57 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 59,93759.9k $686.9k $686.9k 0.00% New
58 PenderFund Capital Management Ltd. 0.28% of their portfolio VANCOUVER, A1 59,26859.3k $900 $900 0.28% New
59 CREDIT SUISSE AG/ 0.00% of their portfolio ZURICH, V8 57,43857.4k $658.2k $658.2k 0.00% Added +4.5k +4,540
60 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 53,68853.7k $638.5k $638.5k 0.00% Reduced -30.1k -30,127
61 GOLDEN GATE PRIVATE EQUITY, INC. 0.31% of their portfolio SAN FRANCISCO, CA 53,29953.3k $610.8k $610.8k 0.31% Unchanged
62 KORNITZER CAPITAL MANAGEMENT INC /KS 0.01% of their portfolio SHAWNEE MISSION, KS 50,10050.1k $574.1k $574.1k 0.01% Reduced -190.1k -190,100
63 TD Asset Management Inc 0.00% of their portfolio Toronto, A6 48,87448.9k $559.9k $559.9k 0.00% Reduced -144.0k -143,997
64 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 47,56247.6k $543.0k $543.0k 0.00% Reduced -1.9k -1,908
65 Tacita Capital Inc 0.39% of their portfolio TORONTO, A6 46,57546.6k $533.0k $533.0k 0.39% Reduced -1.7k -1,700
66 DekaBank Deutsche Girozentrale 0.00% of their portfolio FRANKFURT, 2M 46,00046.0k $522.0k $522.0k 0.00% Reduced -3.3k -3,300
67 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 45,50445.5k $520.6k $520.6k 0.00% Added +31.9k +31,899
68 Tower Research Capital LLC (TRC) 0.02% of their portfolio NEW YORK, NY 45,41145.4k $519.6k $519.6k 0.02% Added +42.5k +42,518
69 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 40,31440.3k $462.0k $462.0k 0.00% Added +10.8k +10,800
70 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 39,94739.9k $457.8k $457.8k 0.00% Unchanged
71 Yakira Capital Management, Inc. 0.12% of their portfolio Westport, CT 38,00038.0k $435.5k $435.5k 0.12% New
72 MERIDIAN INVESTMENT COUNSEL INC. 0.15% of their portfolio LAFAYETTE, CA 36,41336.4k $417.3k $417.3k 0.15% Unchanged
73 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 35,82635.8k $410.6k $410.6k 0.00% Reduced -63.0k -63,038
74 Diametric Capital, LP 0.18% of their portfolio BOSTON, MA 35,00035.0k $401.1k $401.1k 0.18% New
75 Cubist Systematic Strategies, LLC 0.00% of their portfolio STAMFORD, CT 34,15934.2k $391.5k $391.5k 0.00% New
76 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 33,18033.2k $380.2k $380.2k 0.00% Reduced -5.8k -5,845
77 Legal & General Group Plc 0.00% of their portfolio London, X0 32,48732.5k $372.2k $372.2k 0.00% Added +23.6k +23,617
78 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.01% of their portfolio New York, NY 30,40030.4k $348.3k $348.3k 0.01% Reduced -215.0k -215,000
79 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 21,13721.1k $241.9k $241.9k 0.00% Added +1.4k +1,449
80 Dixon Mitchell Investment Counsel Inc. 0.01% of their portfolio VANCOUVER, A1 20,54620.5k $235.3k $235.3k 0.01% Unchanged
81 Hunting Hill Global Capital, LLC 0.14% of their portfolio New York, NY 20,00020.0k $229.2k $229.2k 0.14% New
82 CSS LLC/IL 0.02% of their portfolio CHICAGO, IL 19,13719.1k $219.3k $219.3k 0.02% New
83 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 17,51717.5k $200.7k $200.7k 0.00% Added +979 +979
84 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 17,05217.1k $195.4k $195.4k 0.00% New
85 Virtu Financial LLC 0.01% of their portfolio New York, NY 15,69615.7k $180.0k $180.0k 0.01% New
86 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 14,64814.6k $167.6k $167.6k 0.00% Added +76 +76
87 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 13,79313.8k $158.1k $158.1k 0.00% Added +2.7k +2,731
88 Relative Value Partners Group, LLC 0.01% of their portfolio NORTHBROOK, IL 10,33610.3k $118.4k $118.4k 0.01% Reduced -10.3k -10,256
89 FNY Investment Advisers, LLC 0.15% of their portfolio NEW YORK, NY 10,00010.0k $114.0k $114.0k 0.15% New
90 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 9,2459.2k $105.9k $105.9k 0.00% Unchanged
91 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 8,5948.6k $98.5k $98.5k 0.00% Added +8.0k +7,972
92 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 8,5328.5k $97.8k $97.8k 0.00% Unchanged
93 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 7,8507.8k $90.0k $90.0k 0.00% Added +3.7k +3,665
94 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,3106.3k $72.3k $72.3k 0.00% Reduced -67.0k -66,950
95 SHELL ASSET MANAGEMENT CO 0.00% of their portfolio THE HAGUE, P7 4,0954.1k $47.0k $47.0k 0.00% Reduced -13 -13
96 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 3,6303.6k $41.4k $41.4k 0.00% Reduced -7.0k -7,000
97 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,3501.4k $15.5k $15.5k 0.00% Unchanged
98 Rosenberg Matthew Hamilton 0.00% of their portfolio GRAND JUNCTION, CO 500500 $5.7k $5.7k 0.00% Unchanged
99 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 400400 $4.6k $4.6k 0.00% Unchanged
100 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 308308 $4.7k $4.7k 0.00% Reduced -25.0k -24,981