Axos Financial
201 hedge funds and large institutions have $830M invested in Axos Financial in 2020 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 66 increasing their positions, 71 reducing their positions, and 46 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 71
1.13% less ownership
Funds ownership: 75.9% → 74.76% (-1.1%)
10% less funds holding
Funds holding: 224 → 201 (-23)
29% less call options, than puts
Call options by funds: $3.44M | Put options by funds: $4.87M
41% less capital invested
Capital invested by funds: $1.41B → $830M (-$578M)
43% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 46
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$16.4M |
| 2 |
TG
TCW Group
Los Angeles,
California
|
+$7.14M |
| 3 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
+$6.26M |
| 4 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$5.4M |
| 5 |
Goldman Sachs
New York
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
-$23.3M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$9.15M |
| 3 |
EA
Emerald Advisers
Leola,
Pennsylvania
|
-$8.52M |
| 4 |
Man Group
London,
United Kingdom
|
-$8.43M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
-$6.61M |
AX Hedge Fund Activity: Q1 2020 in Review
201 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Axos Financial (AX) for Q1 2020, worth a combined $830M — down 41% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of AX and 26 opened new positions — a net loss of 20 holders — while 71 trimmed existing stakes and 66 added.
The largest buyer was Basswood Capital Management, adding an estimated $16.4M. The largest seller was Janus Henderson Group, exiting entirely with an estimated $23.3M sold.
- 201 institutional investors held Axos Financial (AX) as of Q1 2020, down from 224 in Q4 2019.
- Funds reported $830M of Axos Financial stock for Q1 2020, down 41% quarter-over-quarter.
- 26 funds opened new Axos Financial positions in Q1 2020 and 46 closed out, a net change of -20 holders.
- The largest Axos Financial buyer in Q1 2020 was Basswood Capital Management, an estimated $16.4M added.
- The largest Axos Financial seller in Q1 2020 was Janus Henderson Group, an estimated $23.3M sold.
Based on aggregated 13F filings for Q1 2020.