AXIS Capital
266 hedge funds and large institutions have $4.33B invested in AXIS Capital in 2013 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 104 increasing their positions, 105 reducing their positions, and 49 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
0.53% less ownership
Funds ownership: 88.07% → 87.54% (-0.53%)
1% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 105
5% less funds holding
Funds holding: 280 → 266 (-14)
9% less capital invested
Capital invested by funds: $4.78B → $4.33B (-$448M)
27% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 49
31% less call options, than puts
Call options by funds: $660K | Put options by funds: $953K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$33.5M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$26.9M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$23.7M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$20.9M |
| 5 |
SO
STRS Ohio
Columbus,
Ohio
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$84.9M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$70.5M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$67.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$46.8M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$38.1M |
AXS Hedge Fund Activity: Q3 2013 in Review
266 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in AXIS Capital (AXS) for Q3 2013, worth a combined $4.33B — down 9.4% from $4.78B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of AXS and 36 opened new positions — a net loss of 13 holders — while 105 trimmed existing stakes and 104 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $33.5M. The largest seller was Ameriprise, cutting an estimated $84.9M.
- 266 institutional investors held AXIS Capital (AXS) as of Q3 2013, down from 280 in Q2 2013.
- Funds reported $4.33B of AXIS Capital stock for Q3 2013, down 9.4% quarter-over-quarter.
- 36 funds opened new AXIS Capital positions in Q3 2013 and 49 closed out, a net change of -13 holders.
- The largest AXIS Capital buyer in Q3 2013 was Millennium Management, an estimated $33.5M added.
- The largest AXIS Capital seller in Q3 2013 was Ameriprise, an estimated $84.9M sold.
Based on aggregated 13F filings for Q3 2013.