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300 hedge funds and large institutions have $7.26B invested in Axalta in 2017 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 129 increasing their positions, 79 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 129 | Existing positions reduced: 79

20% more call options, than puts

Call options by funds: $7.79M | Put options by funds: $6.5M

2.19% more ownership

Funds ownership: 101.05%103.24% (+2.2%)

0% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 51

1% less funds holding

Funds holding: 303300 (-3)

7% less capital invested

Capital invested by funds: $7.84B → $7.26B (-$579M)

21% less funds holding in top 10

Funds holding in top 10: 1411 (-3)

Holders
300
Holders Change
-3
Holders Change %
-0.99%
% of All Funds
7.48%
Holding in Top 10
11
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-21.43%
% of All Funds
0.27%
New
51
Increased
129
Reduced
79
Closed
51
Calls
$7.79M
Puts
$6.5M
Net Calls
+$1.28M
Net Calls Change
-$6.99M
Name Holding Trade Value Shares
Change
Change in
Stake
Jennison Associates
26
Jennison Associates
New York
$71.3M -$5.06M -167,322 -6%
FPA
27
First Pacific Advisors
California
$70.3M +$71.5M +2,365,888 +3,679%
Charles Schwab
28
Charles Schwab
California
$69.1M +$13.2M +436,975 +22%
Principal Financial Group
29
Principal Financial Group
Iowa
$66.8M +$681K +22,515 +1%
VOYA Investment Management
30
VOYA Investment Management
Georgia
$65M +$18.2M +603,199 +37%
WRF
31
Waddell & Reed Financial
Kansas
$60.6M +$10.9M +360,554 +21%
SCM
32
Shapiro Capital Management
Georgia
$60.2M +$51.5M +1,702,532 +449%
Harris Associates
33
Harris Associates
Illinois
$58M -$1.37M -45,166 -2%
TCM
34
TimesSquare Capital Management
New York
$57.1M +$11.5M +381,400 +24%
Invesco
35
Invesco
Georgia
$56.1M +$1.14M +37,635 +2%
Citadel Advisors
36
Citadel Advisors
Florida
$54.5M +$56.3M +1,863,748 +9,771%
Wells Fargo
37
Wells Fargo
California
$52M +$7.91M +261,712 +17%
Parnassus Investments
38
Parnassus Investments
California
$51.4M -$4.51M -149,101 -8%
Geode Capital Management
39
Geode Capital Management
Massachusetts
$49.3M +$1.48M +48,823 +3%
GCM
40
Gates Capital Management
New York
$44.3M -$24M -794,201 -34%
Westfield Capital Management
41
Westfield Capital Management
Massachusetts
$42.9M -$662K -21,895 -1%
MIH
42
Madison Investment Holdings
Wisconsin
$40.9M +$4.15M +137,331 +11%
Mackenzie Financial
43
Mackenzie Financial
Ontario, Canada
$40.1M +$212 +7 +0%
Northern Trust
44
Northern Trust
Illinois
$36.3M +$37.8K +1,252 +0.1%
MAMU
45
Marathon Asset Management (UK)
United Kingdom
$36.2M +$9.33M +308,752 +33%
Bank of America
46
Bank of America
North Carolina
$33.8M +$18.3M +604,236 +107%
GCM
47
Gruss Capital Management
New York
$31.7M +$3.78M +125,000 +13%
Adage Capital Partners
48
Adage Capital Partners
Massachusetts
$31.4M +$12.3M +408,300 +60%
Ameriprise
49
Ameriprise
Minnesota
$30.4M +$6.42M +212,428 +25%
Lord, Abbett & Co
50
Lord, Abbett & Co
New Jersey
$29.3M +$30.6M +1,012,854 New

AXTA Hedge Fund Activity: Q3 2017 in Review

300 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Axalta (AXTA) for Q3 2017, worth a combined $7.26B — down 7.4% from $7.84B a quarter earlier.

Fund positioning in AXTA was balanced in Q3 2017: 51 funds opened new positions, 51 closed out, 129 added to existing stakes and 79 trimmed.

The largest buyer was Artisan Partners, opening a new position worth an estimated $99.2M. The largest seller was Iridian Asset Management, exiting entirely with an estimated $180M sold.

  • 300 institutional investors held Axalta (AXTA) as of Q3 2017, down from 303 in Q2 2017.
  • Funds reported $7.26B of Axalta stock for Q3 2017, down 7.4% quarter-over-quarter.
  • 51 funds opened new Axalta positions in Q3 2017 and 51 closed out, a net change of 0 holders.
  • The largest Axalta buyer in Q3 2017 was Artisan Partners, an estimated $99.2M added.
  • The largest Axalta seller in Q3 2017 was Iridian Asset Management, an estimated $180M sold.

Based on aggregated 13F filings for Q3 2017.