Axalta
AXTA
322 hedge funds and large institutions have $4.9B invested in Axalta in 2020 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 112 increasing their positions, 119 reducing their positions, and 38 closing their positions.
115% more call options, than puts
Call options by funds: $78.9M | Put options by funds: $36.7M
37% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 38
4% more funds holding
Funds holding: 310 → 322 (+12)
6% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 119
1.8% less ownership
Funds ownership: 97.45% → 95.66% (-1.8%)
5% less capital invested
Capital invested by funds: $5.16B → $4.9B (-$264M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$65.9M |
| 2 |
BlackRock
New York
|
+$64.6M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$61.3M |
| 4 |
Millennium Management
New York
|
+$57.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$68.7M |
| 2 |
EC
Eminence Capital
New York
|
-$53.9M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$52.3M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$49.1M |
| 5 |
JP
Jana Partners
New York
|
-$43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
351
Private Advisor Group
Morristown,
New Jersey
| – | -$23K | -1,000 | Closed |
|
|
SNT
352
Security National Trust
Wheeling,
West Virginia
| – | -$16K | -729 | Closed |
|
|
FHA
353
First Horizon Advisors
Memphis,
Tennessee
| – | -$15K | -677 | Closed |
|
|
CFG
354
Citizens Financial Group
Providence,
Rhode Island
| – | -$12K | -533 | Closed |
|
|
OPS
355
Orion Portfolio Solutions
Omaha,
Nebraska
| – | -$11K | -508 | Closed |
|
356
Lazard Asset Management
New York
| – | -$3K | -159 | Closed |
|
|
VFA
357
Valeo Financial Advisors
Carmel,
Indiana
| – | -$3K | -140 | Closed |
|
|
KPW
358
Kore Private Wealth
New York
| – | -$1K | -61 | Closed |
|
|
GWS
359
Glassman Wealth Services
Vienna,
Virginia
| – | +$348 | +15 | New |
|
AXTA Hedge Fund Activity: Q3 2020 in Review
322 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Axalta (AXTA) for Q3 2020, worth a combined $4.9B — down 5.1% from $5.16B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new AXTA positions and 38 closed out — a net gain of 14 holders — while 112 added to existing stakes and 119 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $65.9M. The largest seller was Brown Brothers Harriman & Co, cutting an estimated $68.7M.
- 322 institutional investors held Axalta (AXTA) as of Q3 2020, up from 310 in Q2 2020.
- Funds reported $4.9B of Axalta stock for Q3 2020, down 5.1% quarter-over-quarter.
- 52 funds opened new Axalta positions in Q3 2020 and 38 closed out, a net change of +14 holders.
- The largest Axalta buyer in Q3 2020 was Citadel Advisors, an estimated $65.9M added.
- The largest Axalta seller in Q3 2020 was Brown Brothers Harriman & Co, an estimated $68.7M sold.
Based on aggregated 13F filings for Q3 2020.