Axalta
AXTA
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.
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: 303 → 300 (-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: 14 → 11 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$99.2M |
| 2 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$71.5M |
| 3 |
DSA
Davis Selected Advisers
Tucson,
Arizona
|
+$65.7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$56.3M |
| 5 |
FP
FPR Partners
San Francisco,
California
|
+$53.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAM
Iridian Asset Management
Westport,
Connecticut
|
-$180M |
| 2 |
BHG
Blue Harbour Group
Greenwich,
Connecticut
|
-$89.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$40.8M |
| 4 |
RC
Rivulet Capital
Summit,
New Jersey
|
-$38.6M |
| 5 |
First Eagle Investment Management
New York
|
-$32.3M |
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.