AXIS Capital
271 hedge funds and large institutions have $4.55B invested in AXIS Capital in 2019 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 94 increasing their positions, 101 reducing their positions, and 36 closing their positions.
385% more call options, than puts
Call options by funds: $23.9M | Put options by funds: $4.93M
0.05% less ownership
Funds ownership: 91.17% → 91.11% (-0.05%)
7% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 101
3% less funds holding
Funds holding: 278 → 271 (-7)
11% less capital invested
Capital invested by funds: $5.11B → $4.55B (-$557M)
17% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 36
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$191M |
| 2 |
Pzena Investment Management
New York
|
+$59.2M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$53.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.5M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$181M |
| 2 |
Barrow, Hanley, Mewhinney & Strauss
Dallas,
Texas
|
-$124M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$59.9M |
| 4 |
Millennium Management
New York
|
-$29.5M |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$28.4M |
AXS Hedge Fund Activity: Q4 2019 in Review
271 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in AXIS Capital (AXS) for Q4 2019, worth a combined $4.55B — down 11% from $5.11B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of AXS and 30 opened new positions — a net loss of 6 holders — while 101 trimmed existing stakes and 94 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $191M. The largest seller was Vulcan Value Partners, cutting an estimated $181M.
- 271 institutional investors held AXIS Capital (AXS) as of Q4 2019, down from 278 in Q3 2019.
- Funds reported $4.55B of AXIS Capital stock for Q4 2019, down 11% quarter-over-quarter.
- 30 funds opened new AXIS Capital positions in Q4 2019 and 36 closed out, a net change of -6 holders.
- The largest AXIS Capital buyer in Q4 2019 was T. Rowe Price Associates, an estimated $191M added.
- The largest AXIS Capital seller in Q4 2019 was Vulcan Value Partners, an estimated $181M sold.
Based on aggregated 13F filings for Q4 2019.