AXIS Capital
257 hedge funds and large institutions have $4.09B invested in AXIS Capital in 2014 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 91 increasing their positions, 98 reducing their positions, and 22 closing their positions.
41% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 22
3% more funds holding
Funds holding: 249 → 257 (+8)
1.72% more ownership
Funds ownership: 84% → 85.72% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 98
6% less capital invested
Capital invested by funds: $4.33B → $4.09B (-$240M)
21% less call options, than puts
Call options by funds: $49K | Put options by funds: $62K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$54.7M |
| 2 |
JP Morgan Chase
New York
|
+$31.6M |
| 3 |
Pzena Investment Management
New York
|
+$24.6M |
| 4 |
Millennium Management
New York
|
+$21.7M |
| 5 |
AI
Analytic Investors
Los Angeles,
California
|
+$17.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$71.6M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$39.4M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$25.5M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$17.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$110K | -2,400 | Closed |
|
|
HR
277
Howe & Rusling
Rochester,
New York
| – | -$9K | -205 | Closed |
|
|
KCPG
278
Kavar Capital Partners Group
Leawood,
Kansas
| – | -$2K | -45 | Closed |
|
AXS Hedge Fund Activity: Q2 2014 in Review
257 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in AXIS Capital (AXS) for Q2 2014, worth a combined $4.09B — down 5.5% from $4.33B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new AXS positions and 22 closed out — a net gain of 9 holders — while 91 added to existing stakes and 98 trimmed.
The largest buyer was Norges Bank, adding an estimated $54.7M. The largest seller was Boston Partners, cutting an estimated $71.6M.
- 257 institutional investors held AXIS Capital (AXS) as of Q2 2014, up from 249 in Q1 2014.
- Funds reported $4.09B of AXIS Capital stock for Q2 2014, down 5.5% quarter-over-quarter.
- 31 funds opened new AXIS Capital positions in Q2 2014 and 22 closed out, a net change of +9 holders.
- The largest AXIS Capital buyer in Q2 2014 was Norges Bank, an estimated $54.7M added.
- The largest AXIS Capital seller in Q2 2014 was Boston Partners, an estimated $71.6M sold.
Based on aggregated 13F filings for Q2 2014.