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318 hedge funds and large institutions have $5.57B invested in Axalta in 2018 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 130 increasing their positions, 105 reducing their positions, and 78 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more call options, than puts

Call options by funds: $171M | Put options by funds: $99.5M

24% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 105

0.78% less ownership

Funds ownership: 100.4%99.62% (-0.78%)

8% less funds holding

Funds holding: 347318 (-29)

21% less capital invested

Capital invested by funds: $7.04B → $5.57B (-$1.48B)

33% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 78

63% less funds holding in top 10

Funds holding in top 10: 83 (-5)

Holders
318
Holders Change
-29
Holders Change %
-8.36%
% of All Funds
7.09%
Holding in Top 10
3
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-62.5%
% of All Funds
0.07%
New
52
Increased
130
Reduced
105
Closed
78
Calls
$171M
Puts
$99.5M
Net Calls
+$72M
Net Calls Change
-$45.2M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
51
UBS Group
Switzerland
$21.3M +$6.57M +264,555 +41%
RP
52
Reinhart Partners
Wisconsin
$20.4M +$2.01M +80,817 +10%
Adage Capital Partners
53
Adage Capital Partners
Massachusetts
$19.6M +$2.48M +100,000 +14%
MNG
54
Manning & Napier Group
New York
$19.1M -$3.36M -135,190 -14%
WIM
55
Weitz Investment Management
Nebraska
$19.1M +$1.04M +41,725 +5%
UBS AM
56
UBS AM
Illinois
$17.2M +$1.67M +67,313 +10%
Bank of New York Mellon
57
Bank of New York Mellon
New York
$17.2M -$1.38M -55,537 -7%
New York State Common Retirement Fund
58
New York State Common Retirement Fund
New York
$16.6M +$416K +16,750 +2%
Swiss National Bank
59
Swiss National Bank
Switzerland
$16.5M
Lord, Abbett & Co
60
Lord, Abbett & Co
New Jersey
$16.4M -$1.99M -79,923 -10%
TCIM
61
TIAA CREF Investment Management
New York
$15M -$13M -524,448 -45%
Harris Associates
62
Harris Associates
Illinois
$14.1M -$10.1M -407,330 -40%
California Public Employees Retirement System
63
California Public Employees Retirement System
California
$13.8M -$235K -9,452 -2%
HT
64
HAP Trading
New York
$13.2M +$5.09M +204,897 +57%
Point72 Asset Management
65
Point72 Asset Management
Connecticut
$11.4M +$6.12M +246,400 +102%
Korea Investment Corp
66
Korea Investment Corp
South Korea
$11.3M +$1.73M +69,800 +17%
T. Rowe Price Associates
67
T. Rowe Price Associates
Maryland
$11.1M +$1.49M +60,170 +15%
Bank of America
68
Bank of America
North Carolina
$10.9M -$2.71M -108,950 -19%
Parallax Volatility Advisers
69
Parallax Volatility Advisers
California
$10.8M +$2.8M +112,805 +32%
State of Wisconsin Investment Board
70
State of Wisconsin Investment Board
Wisconsin
$10.5M +$6.24M +251,259 +127%
Legal & General Group
71
Legal & General Group
United Kingdom
$10.5M +$1.95M +78,407 +21%
Nordea Investment Management
72
Nordea Investment Management
Sweden
$10.5M +$8.3M +334,036 +297%
Alyeska Investment Group
73
Alyeska Investment Group
Illinois
$10.3M +$10.9M +439,000 New
Susquehanna International Group
74
Susquehanna International Group
Pennsylvania
$9.82M -$8.93M -359,638 -46%
DekaBank Deutsche Girozentrale
75
DekaBank Deutsche Girozentrale
Germany
$9.63M +$1.37M +54,963 +15%

AXTA Hedge Fund Activity: Q4 2018 in Review

318 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Axalta (AXTA) for Q4 2018, worth a combined $5.57B — down 21% from $7.04B a quarter earlier.

Sellers outnumbered buyers: 78 funds closed out of AXTA and 52 opened new positions — a net loss of 26 holders — while 105 trimmed existing stakes and 130 added.

The largest buyer was Millennium Management, adding an estimated $75.2M. The largest seller was Highfields Capital Management, exiting entirely with an estimated $113M sold.

  • 318 institutional investors held Axalta (AXTA) as of Q4 2018, down from 347 in Q3 2018.
  • Funds reported $5.57B of Axalta stock for Q4 2018, down 21% quarter-over-quarter.
  • 52 funds opened new Axalta positions in Q4 2018 and 78 closed out, a net change of -26 holders.
  • The largest Axalta buyer in Q4 2018 was Millennium Management, an estimated $75.2M added.
  • The largest Axalta seller in Q4 2018 was Highfields Capital Management, an estimated $113M sold.

Based on aggregated 13F filings for Q4 2018.