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AXIS Capital

278 hedge funds and large institutions have $4.5B invested in AXIS Capital in 2016 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 95 increasing their positions, 111 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more call options, than puts

Call options by funds: $3.91M | Put options by funds: $2.29M

17% more first-time investments, than exits

New positions opened: 35 | Existing positions closed: 30

1% more funds holding

Funds holding: 274278 (+4)

1.13% more ownership

Funds ownership: 86.59%87.72% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

14% less repeat investments, than reductions

Existing positions increased: 95 | Existing positions reduced: 111

30% less capital invested

Capital invested by funds: $6.4B → $4.5B (-$1.9B)

Holders
278
Holders Change
+4
Holders Change %
+1.46%
% of All Funds
7.41%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
35
Increased
95
Reduced
111
Closed
30
Calls
$3.91M
Puts
$2.29M
Net Calls
+$1.62M
Net Calls Change
+$966K
Name Holding Trade Value Shares
Change
Change in
Stake
VVP
1
Vulcan Value Partners
Alabama
$450M +$6.6M +122,170 +2%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$414M -$60.4M -1,117,200 -13%
Vanguard Group
3
Vanguard Group
Pennsylvania
$410M -$6.86M -126,895 -2%
Pzena Investment Management
4
Pzena Investment Management
New York
$294M -$18M -333,474 -6%
BIT
5
BlackRock Institutional Trust
California
$160M -$59K -1,092 -0%
State Street
6
State Street
Massachusetts
$159M +$2.12M +39,216 +1%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$126M +$1.98M +36,606 +2%
AQR Capital Management
8
AQR Capital Management
Connecticut
$114M +$50.6M +936,419 +83%
BFA
9
BlackRock Fund Advisors
California
$111M +$11.2M +207,052 +12%
ClearBridge Investments
10
ClearBridge Investments
New York
$107M -$51.4M -951,602 -33%
LSV Asset Management
11
LSV Asset Management
Illinois
$104M -$357K -6,600 -0.4%
AL
12
AJO LP
Pennsylvania
$99.1M +$2.08M +38,461 +2%
Allianz Asset Management
13
Allianz Asset Management
Germany
$94.6M -$4.7M -87,017 -5%
Norges Bank
14
Norges Bank
Norway
$76.8M +$5.42M +100,263 +8%
NI
15
Numeric Investors
Massachusetts
$71.5M +$589K +10,900 +0.9%
TGI
16
Tradewinds Global Investors
California
$71M -$3.06M -56,563 -4%
APG Asset Management
17
APG Asset Management
Netherlands
$66.2M
Northern Trust
18
Northern Trust
Illinois
$64.5M -$266K -4,919 -0.4%
Franklin Resources
19
Franklin Resources
California
$58.9M -$4.7M -87,016 -8%
BG
20
BlackRock Group
United Kingdom
$55.3M +$1.1M +20,358 +2%
AI
21
Analytic Investors
California
$50.2M +$14.2M +263,210 +41%
Goldman Sachs
22
Goldman Sachs
New York
$47.6M -$10.7M -197,720 -19%
DSC
23
Donald Smith & Co
New York
$45.1M +$9.92M +183,556 +29%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$44.4M +$22.1M +409,527 +105%
Renaissance Technologies
25
Renaissance Technologies
New York
$42.8M +$30.8M +570,376 +283%

AXS Hedge Fund Activity: Q1 2016 in Review

278 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in AXIS Capital (AXS) for Q1 2016, worth a combined $4.5B — down 30% from $6.4B a quarter earlier.

Buyers outnumbered sellers: 35 funds opened new AXS positions and 30 closed out — a net gain of 5 holders — while 95 added to existing stakes and 111 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $50.6M. The largest seller was Fidelity Investments, cutting an estimated $60.4M.

  • 278 institutional investors held AXIS Capital (AXS) as of Q1 2016, up from 274 in Q4 2015.
  • Funds reported $4.5B of AXIS Capital stock for Q1 2016, down 30% quarter-over-quarter.
  • 35 funds opened new AXIS Capital positions in Q1 2016 and 30 closed out, a net change of +5 holders.
  • The largest AXIS Capital buyer in Q1 2016 was AQR Capital Management, an estimated $50.6M added.
  • The largest AXIS Capital seller in Q1 2016 was Fidelity Investments, an estimated $60.4M sold.

Based on aggregated 13F filings for Q1 2016.