Axos Financial
261 hedge funds and large institutions have $2B invested in Axos Financial in 2018 Q1 according to their latest regulatory filings, with 51 funds opening new positions, 59 increasing their positions, 108 reducing their positions, and 24 closing their positions.
113% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 24
26% more capital invested
Capital invested by funds: $1.59B → $2B (+$409M)
10% more funds holding
Funds holding: 237 → 261 (+24)
4.65% less ownership
Funds ownership: 83.86% → 79.21% (-4.6%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
41% less call options, than puts
Call options by funds: $35.6M | Put options by funds: $60.3M
45% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 108
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$38.4M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$14.3M |
| 3 |
BlackRock
New York
|
+$10.8M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.87M |
| 5 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$4.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$41.9M |
| 2 |
DAM
Davis Asset Management
Sausalito,
California
|
-$18.2M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$16.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$11.3M |
| 5 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$9.2M |
AX Hedge Fund Activity: Q1 2018 in Review
261 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Axos Financial (AX) for Q1 2018, worth a combined $2B — up 26% from $1.59B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new AX positions and 24 closed out — a net gain of 27 holders — while 59 added to existing stakes and 108 trimmed.
The largest buyer was State Street, adding an estimated $38.4M. The largest seller was Basswood Capital Management, cutting an estimated $41.9M.
- 261 institutional investors held Axos Financial (AX) as of Q1 2018, up from 237 in Q4 2017.
- Funds reported $2B of Axos Financial stock for Q1 2018, up 26% quarter-over-quarter.
- 51 funds opened new Axos Financial positions in Q1 2018 and 24 closed out, a net change of +27 holders.
- The largest Axos Financial buyer in Q1 2018 was State Street, an estimated $38.4M added.
- The largest Axos Financial seller in Q1 2018 was Basswood Capital Management, an estimated $41.9M sold.
Based on aggregated 13F filings for Q1 2018.