Axos Financial
256 hedge funds and large institutions have $1.75B invested in Axos Financial in 2023 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 89 increasing their positions, 84 reducing their positions, and 29 closing their positions.
48% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 29
5% more funds holding
Funds holding: 244 → 256 (+12)
6% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 84
2% more capital invested
Capital invested by funds: $1.71B → $1.75B (+$34.5M)
0.32% more ownership
Funds ownership: 78.52% → 78.84% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
91% less call options, than puts
Call options by funds: $5.34M | Put options by funds: $57.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$63.8M |
| 2 |
State Street
Boston,
Massachusetts
|
+$21M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$8.91M |
| 4 |
DAM
Davis Asset Management
Sausalito,
California
|
+$8.1M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$7.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$41M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$36M |
| 3 |
GCM
Geneva Capital Management
Milwaukee,
Wisconsin
|
-$17.8M |
| 4 |
Millennium Management
New York
|
-$15.1M |
| 5 |
CWM
CCG Wealth Management
San Diego,
California
|
-$14.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
First Manhattan
New York
| – | -$5.16K | -135 | Closed |
|
|
RBC
277
Romano Brothers & Co
Evanston,
Illinois
| – | -$2.29K | -60 | Closed |
|
|
MWM
278
MinichMacGregor Wealth Management
Saratoga Springs,
New York
| – | -$764 | -20 | Closed |
|
|
AF
279
Advisornet Financial
Minnetonka,
Minnesota
| – | -$459 | -12 | Closed |
|
|
TAM
280
Tucker Asset Management
Littleton,
Colorado
| – | -$429 | -11 | Closed |
|
|
ASN
281
Advisory Services Network
Atlanta,
Georgia
| – | -$344 | -9 | Closed |
|
|
MCC
282
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$268 | -7 | Closed |
|
AX Hedge Fund Activity: Q1 2023 in Review
256 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Axos Financial (AX) for Q1 2023, worth a combined $1.75B — up 2% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new AX positions and 29 closed out — a net gain of 14 holders — while 89 added to existing stakes and 84 trimmed.
The largest buyer was Fuller & Thaler Asset Management, opening a new position worth an estimated $63.8M. The largest seller was Fred Alger Management, cutting an estimated $41M.
- 256 institutional investors held Axos Financial (AX) as of Q1 2023, up from 244 in Q4 2022.
- Funds reported $1.75B of Axos Financial stock for Q1 2023, up 2% quarter-over-quarter.
- 43 funds opened new Axos Financial positions in Q1 2023 and 29 closed out, a net change of +14 holders.
- The largest Axos Financial buyer in Q1 2023 was Fuller & Thaler Asset Management, an estimated $63.8M added.
- The largest Axos Financial seller in Q1 2023 was Fred Alger Management, an estimated $41M sold.
Based on aggregated 13F filings for Q1 2023.