AXIS Capital
249 hedge funds and large institutions have $4.33B invested in AXIS Capital in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 78 increasing their positions, 123 reducing their positions, and 43 closing their positions.
3.43% less ownership
Funds ownership: 87.44% → 84% (-3.4%)
9% less capital invested
Capital invested by funds: $4.77B → $4.33B (-$436M)
11% less funds holding
Funds holding: 280 → 249 (-31)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
37% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 123
63% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$101M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$40.4M |
| 3 |
TGI
Tradewinds Global Investors
Los Angeles,
California
|
+$26.1M |
| 4 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$22.8M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$67.5M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$53.6M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$40.6M |
| 4 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$27.6M |
| 5 |
Jennison Associates
New York
|
-$25.3M |
AXS Hedge Fund Activity: Q1 2014 in Review
249 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in AXIS Capital (AXS) for Q1 2014, worth a combined $4.33B — down 9.2% from $4.77B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of AXS and 16 opened new positions — a net loss of 27 holders — while 123 trimmed existing stakes and 78 added.
The largest buyer was Vanguard Group, adding an estimated $101M. The largest seller was AQR Capital Management, exiting entirely with an estimated $67.5M sold.
- 249 institutional investors held AXIS Capital (AXS) as of Q1 2014, down from 280 in Q4 2013.
- Funds reported $4.33B of AXIS Capital stock for Q1 2014, down 9.2% quarter-over-quarter.
- 16 funds opened new AXIS Capital positions in Q1 2014 and 43 closed out, a net change of -27 holders.
- The largest AXIS Capital buyer in Q1 2014 was Vanguard Group, an estimated $101M added.
- The largest AXIS Capital seller in Q1 2014 was AQR Capital Management, an estimated $67.5M sold.
Based on aggregated 13F filings for Q1 2014.