AXIS Capital
248 hedge funds and large institutions have $3.1B invested in AXIS Capital in 2020 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 99 increasing their positions, 86 reducing their positions, and 55 closing their positions.
179% more call options, than puts
Call options by funds: $5.11M | Put options by funds: $1.83M
15% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 86
4.02% more ownership
Funds ownership: 91.11% → 95.13% (+4%)
8% less funds holding
Funds holding: 271 → 248 (-23)
32% less capital invested
Capital invested by funds: $4.55B → $3.1B (-$1.45B)
35% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 55
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$131M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.8M |
| 3 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
+$32.9M |
| 4 |
SC
Samlyn Capital
New York
|
+$31.8M |
| 5 |
SPC
Stone Point Capital
Greenwich,
Connecticut
|
+$28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
-$39.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$35.6M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$26.4M |
| 4 |
Man Group
London,
United Kingdom
|
-$24.3M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$21M |
AXS Hedge Fund Activity: Q1 2020 in Review
248 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in AXIS Capital (AXS) for Q1 2020, worth a combined $3.1B — down 32% from $4.55B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of AXS and 36 opened new positions — a net loss of 19 holders — while 86 trimmed existing stakes and 99 added.
The largest buyer was Victory Capital Management, adding an estimated $131M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $39.5M sold.
- 248 institutional investors held AXIS Capital (AXS) as of Q1 2020, down from 271 in Q4 2019.
- Funds reported $3.1B of AXIS Capital stock for Q1 2020, down 32% quarter-over-quarter.
- 36 funds opened new AXIS Capital positions in Q1 2020 and 55 closed out, a net change of -19 holders.
- The largest AXIS Capital buyer in Q1 2020 was Victory Capital Management, an estimated $131M added.
- The largest AXIS Capital seller in Q1 2020 was Balyasny Asset Management, an estimated $39.5M sold.
Based on aggregated 13F filings for Q1 2020.