Liberty Tax

TAX • XNAS

Liberty Tax is a publicly traded company on XNAS. As of Q3 2025, 11 institutional investors hold shares in this company, with total holdings valued at $16.3M. Kesler, Norman & Wride, LLC is the largest holder with a position valued at $6.5M.

Overview

Overview of institutional ownership in TAX as of Q3 2025

All Institutions

Institutions: 11
Value Held: $16.3M
Shares Held: 617.5K
Avg Position: $1.5M
Median Position: $791.1K

Hedge Funds

Hedge Funds: 1
Value Held: $791.1K
Shares Held: 28.6K
Avg Position: $791.1K
Median Position: $791.1K

Biggest Investors

Institutions with the largest positions in TAX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
K Kesler, Norman & Wride, LLC RIA/Wealth	Kevin Clark Kesler Managing Partner	$6.5M 1.28% of portfolio	0.00% 268.0K shares	Q1 2025 Held for 8 months	$509.8M
F Financial Enhancement Group LLC RIA/Wealth	Adam Michael Harter CIO	$2.5M 0.34% of portfolio	0.00% 89.5K shares	Q4 2024 Held for 11 months	$742.1M
Cambria Investment Management, L.P. ETF Provider	Mebane Thadley Faber CEO	$1.6M 0.09% of portfolio	0.00% 59.0K shares	Q2 2025 Held for 5 months	$1.7B
Empowered Funds, LLC ETF Provider	Wesley Robert Gray CEO	$1.6M 0.02% of portfolio	0.00% 59.0K shares	Q2 2025 Held for 5 months	$9.9B
HighTower Advisors, LLC RIA/Wealth	Robert David Oros CEO	$1.3M 0.00% of portfolio	0.00% 47.7K shares	Q2 2025 Held for 5 months	$87.7B
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	John Mihn Soo Liew Founder	$791.1K 0.00% of portfolio	0.00% 28.6K shares	Q2 2025 Held for 5 months	$156.17B
Farther Finance Advisors, LLC RIA/Wealth	Joseph Taylor Matthews Managing Partner	$429.1K 0.01% of portfolio	0.00% 15.5K shares	Q1 2025 Held for 8 months	$6.6B
G GTS SECURITIES LLC Institution	-	$412.2K 0.02% of portfolio	0.00% 14.9K shares	Q4 2024 Held for 11 months	$2.5B
Sunbelt Securities, Inc. RIA/Wealth	David Anthony Smetek President	$404.0K 0.03% of portfolio	0.00% 14.6K shares	Q3 2025 Held for 2 months	$1.4B
Seed Wealth Management, Inc. RIA/Wealth	Jonathan Halleck Seed President	$356.0K 0.33% of portfolio	0.00% 12.9K shares	Q4 2024 Held for 11 months	$107.1M

Net Capital Flow

Institutional buying and selling activity for TAX in Q3 2025

Traded: +$3.7M
Buyers: 5
Sellers: 3
Total Bought: +$3.9M
Total Sold: −$211.0K
Avg Position: $1.4M

Biggest Buyers

Institution	Net Bought	Current Position
Cambria Investment Management, L.P. ETF Provider	+$1.3M +47.6K shares	$1.6M 59.0K shares
Empowered Funds, LLC ETF Provider	+$1.3M +47.6K shares	$1.6M 59.0K shares
K Kesler, Norman & Wride, LLC RIA/Wealth	+$662.4K +27.1K shares	$6.5M 268.0K shares
Sunbelt Securities, Inc. RIA/Wealth	+$404.0K +14.6K shares	$404.0K 14.6K shares
HighTower Advisors, LLC RIA/Wealth	+$177.2K +6.4K shares	$1.3M 47.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
B BlackRock, Inc. Institution	−$155.6K −6.0K shares	Sold Off 0 shares
G GTS SECURITIES LLC Institution	−$49.2K −1.8K shares	$412.2K 14.9K shares
Farther Finance Advisors, LLC RIA/Wealth	−$6.2K −225.0 shares	$429.1K 15.5K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited TAX in Q3 2025

New Positions: 1
New Value: $404.0K
Exited Positions: 1
Exited Value: $155.6K

New Positions

Institution	Position Value
Sunbelt Securities, Inc. RIA/Wealth	$404.0K 14.6K shares

Exited Positions

Institution	Previous Position
B BlackRock, Inc. Institution	$155.6K 6.0K shares

Options Activity

Institutions with the largest Call and Put options positions in TAX as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with TAX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
K Kesler, Norman & Wride, LLC RIA/Wealth	Kevin Clark Kesler Managing Partner	1.28% $6.5M	0.00% 268.0K shares	Q1 2025 Held for 8 months	$509.8M
F Financial Enhancement Group LLC RIA/Wealth	Adam Michael Harter CIO	0.34% $2.5M	0.00% 89.5K shares	Q4 2024 Held for 11 months	$742.1M
Seed Wealth Management, Inc. RIA/Wealth	Jonathan Halleck Seed President	0.33% $356.0K	0.00% 12.9K shares	Q4 2024 Held for 11 months	$107.1M
Cambria Investment Management, L.P. ETF Provider	Mebane Thadley Faber CEO	0.09% $1.6M	0.00% 59.0K shares	Q2 2025 Held for 5 months	$1.7B
Sunbelt Securities, Inc. RIA/Wealth	David Anthony Smetek President	0.03% $404.0K	0.00% 14.6K shares	Q3 2025 Held for 2 months	$1.4B
Empowered Funds, LLC ETF Provider	Wesley Robert Gray CEO	0.02% $1.6M	0.00% 59.0K shares	Q2 2025 Held for 5 months	$9.9B
G GTS SECURITIES LLC Institution	-	0.02% $412.2K	0.00% 14.9K shares	Q4 2024 Held for 11 months	$2.5B
Farther Finance Advisors, LLC RIA/Wealth	Joseph Taylor Matthews Managing Partner	0.01% $429.1K	0.00% 15.5K shares	Q1 2025 Held for 8 months	$6.6B
HighTower Advisors, LLC RIA/Wealth	Robert David Oros CEO	0.00% $1.3M	0.00% 47.7K shares	Q2 2025 Held for 5 months	$87.7B
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	John Mihn Soo Liew Founder	0.00% $791.1K	0.00% 28.6K shares	Q2 2025 Held for 5 months	$156.17B

Hedge Fund Spotlight

Discover hedge funds investing in TAX

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerJohn Mihn Soo Liew

Portfolio Value: $156.17B
Positions: 3,453
Last Reported: Q3 2025

Sector Allocation

Position in Liberty Tax

Market Value: $791.1K
Shares Held: 28.6K
Portfolio Weight: 0.00%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$4.1B	2.62%
2 Microsoft MSFT	Software - Infrastructure Technology	$3.2B	2.05%
3 Apple AAPL	Consumer Electronics Technology	$2.8B	1.76%