AXT Inc
AXTI
44 hedge funds and large institutions have $29.9M invested in AXT Inc in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 22 reducing their positions, and 18 closing their positions.
18% less capital invested
Capital invested by funds: $36.7M → $29.9M (-$6.78M)
28% less funds holding
Funds holding: 61 → 44 (-17)
50% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 22
94% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$1.71M |
| 2 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
+$499K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$257K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$182K |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$642K |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$616K |
| 3 |
RA
Royce & Associates
New York
|
-$388K |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$380K |
| 5 |
Renaissance Technologies
New York
|
-$335K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
JP Morgan Chase
New York
| – | -$111K | -41,010 | Closed |
|
52
Jane Street
New York
| – | -$69K | -25,676 | Closed |
|
|
AIG
53
American International Group
New York
| – | -$60.1K | -22,262 | Closed |
|
54
ProShare Advisors
Bethesda,
Maryland
| – | -$56K | -20,857 | Closed |
|
|
U
55
UBS
Zurich,
Switzerland
| – | -$49.6K | -19,839 | Closed |
|
|
CS
56
Credit Suisse
Zurich,
Switzerland
| – | -$53K | -19,685 | Closed |
|
57
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$43K | -16,079 | Closed |
|
58
Goldman Sachs
New York
| – | -$32K | -11,957 | Closed |
|
|
PG
59
PEAK6 Group
Chicago,
Illinois
| – | -$28 | -10,300 | Closed |
|
60
AllianceBernstein
Nashville,
Tennessee
| – | -$5K | -1,894 | Closed |
|
|
WBC
61
Westpac Banking Corp
Sydney,
Australia
| – | -$5.37K | -1,826 | Closed |
|
62
Ameriprise
Minneapolis,
Minnesota
| – | -$1K | -250 | Closed |
|
AXTI Hedge Fund Activity: Q3 2013 in Review
44 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in AXT Inc (AXTI) for Q3 2013, worth a combined $29.9M — down 18% from $36.7M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of AXTI and 1 opened new positions — a net loss of 17 holders — while 22 trimmed existing stakes and 11 added.
The largest buyer was Perritt Capital Management, adding an estimated $1.71M. The largest seller was Northern Trust, cutting an estimated $642K.
- 44 institutional investors held AXT Inc (AXTI) as of Q3 2013, down from 61 in Q2 2013.
- Funds reported $29.9M of AXT Inc stock for Q3 2013, down 18% quarter-over-quarter.
- 1 fund opened new AXT Inc positions in Q3 2013 and 18 closed out, a net change of -17 holders.
- The largest AXT Inc buyer in Q3 2013 was Perritt Capital Management, an estimated $1.71M added.
- The largest AXT Inc seller in Q3 2013 was Northern Trust, an estimated $642K sold.
Based on aggregated 13F filings for Q3 2013.