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AXIS Capital

295 hedge funds and large institutions have $4.22B invested in AXIS Capital in 2018 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 83 increasing their positions, 122 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

339% more call options, than puts

Call options by funds: $9.51M | Put options by funds: $2.16M

26% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 34

2% more funds holding

Funds holding: 288295 (+7)

1.95% less ownership

Funds ownership: 92.71%90.76% (-1.9%)

5% less capital invested

Capital invested by funds: $4.46B → $4.22B (-$241M)

32% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 122

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
295
Holders Change
+7
Holders Change %
+2.43%
% of All Funds
6.75%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.09%
New
43
Increased
83
Reduced
122
Closed
34
Calls
$9.51M
Puts
$2.16M
Net Calls
+$7.34M
Net Calls Change
-$22.7M
Name Holding Trade Value Shares
Change
Change in
Stake
VVP
1
Vulcan Value Partners
Alabama
$433M -$13.9M -243,344 -3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$400M +$8.29M +145,111 +2%
Pzena Investment Management
3
Pzena Investment Management
New York
$365M +$11M +192,005 +3%
BlackRock
4
BlackRock
New York
$314M -$8.62M -150,875 -3%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$223M -$1.89M -33,092 -0.8%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$214M +$64.8M +1,133,368 +42%
State Street
7
State Street
Massachusetts
$119M -$9.15M -160,155 -7%
LSV Asset Management
8
LSV Asset Management
Illinois
$113M -$6.7M -117,300 -5%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$99.1M -$10M -175,548 -9%
Barrow, Hanley, Mewhinney & Strauss
10
Barrow, Hanley, Mewhinney & Strauss
Texas
$93.5M +$36.7M +642,318 +62%
Millennium Management
11
Millennium Management
New York
$83.8M +$23.3M +407,956 +37%
Victory Capital Management
12
Victory Capital Management
Texas
$82.2M +$72.3M +1,265,436 +597%
Janus Henderson Group
13
Janus Henderson Group
United Kingdom
$64.1M +$57.8M +1,010,516 +716%
DSC
14
Donald Smith & Co
New York
$63.5M -$47M -822,262 -42%
RRAM
15
River Road Asset Management
Kentucky
$58.9M -$3.32M -58,092 -5%
NIMC
16
NWQ Investment Management Company
California
$56.5M -$10.8M -188,637 -16%
TCIM
17
TIAA CREF Investment Management
New York
$53.3M +$15M +263,215 +38%
Norges Bank
18
Norges Bank
Norway
$50.7M -$20.8M -363,195 -28%
PIM
19
Paradice Investment Management
Colorado
$49.2M +$50.6M +885,015 New
Northern Trust
20
Northern Trust
Illinois
$47.5M -$7.7M -134,666 -14%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$45.5M +$1.73M +30,273 +4%
UBS AM
22
UBS AM
Illinois
$44.2M -$8.1M -141,728 -15%
TA
23
Teachers Advisors
New York
$40.6M +$15.6M +272,932 +60%
Renaissance Technologies
24
Renaissance Technologies
New York
$37.6M -$3.6M -62,950 -9%
TSW
25
Thompson Siegel & Walmsley
Virginia
$35.5M +$9.98M +174,603 +38%

AXS Hedge Fund Activity: Q2 2018 in Review

295 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in AXIS Capital (AXS) for Q2 2018, worth a combined $4.22B — down 5.4% from $4.46B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new AXS positions and 34 closed out — a net gain of 9 holders — while 83 added to existing stakes and 122 trimmed.

The largest buyer was Victory Capital Management, adding an estimated $72.3M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $55.4M sold.

  • 295 institutional investors held AXIS Capital (AXS) as of Q2 2018, up from 288 in Q1 2018.
  • Funds reported $4.22B of AXIS Capital stock for Q2 2018, down 5.4% quarter-over-quarter.
  • 43 funds opened new AXIS Capital positions in Q2 2018 and 34 closed out, a net change of +9 holders.
  • The largest AXIS Capital buyer in Q2 2018 was Victory Capital Management, an estimated $72.3M added.
  • The largest AXIS Capital seller in Q2 2018 was TimesSquare Capital Management, an estimated $55.4M sold.

Based on aggregated 13F filings for Q2 2018.