AXT Inc
AXTI
102 hedge funds and large institutions have $101M invested in AXT Inc in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 35 reducing their positions, and 17 closing their positions.
8% more capital invested
Capital invested by funds: $92.8M → $101M (+$7.72M)
2.05% more ownership
Funds ownership: 55.94% → 58% (+2.1%)
6% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 35
6% less funds holding
Funds holding: 108 → 102 (-6)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
42% less call options, than puts
Call options by funds: $147K | Put options by funds: $253K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
Needham Investment Management
New York
|
+$3.4M |
| 2 |
FWSM
First Wilshire Securities Management
Pasadena,
California
|
+$2.78M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$2.61M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$626K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$572K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Redmond Asset Management
Henrico,
Virginia
|
-$991K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$946K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$520K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$518K |
| 5 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$395K |
AXTI Hedge Fund Activity: Q1 2023 in Review
102 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in AXT Inc (AXTI) for Q1 2023, worth a combined $101M — up 8.3% from $92.8M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of AXTI and 12 opened new positions — a net loss of 5 holders — while 35 trimmed existing stakes and 33 added.
The largest buyer was Needham Investment Management, adding an estimated $3.4M. The largest seller was Redmond Asset Management, exiting entirely with an estimated $991K sold.
- 102 institutional investors held AXT Inc (AXTI) as of Q1 2023, down from 108 in Q4 2022.
- Funds reported $101M of AXT Inc stock for Q1 2023, up 8.3% quarter-over-quarter.
- 12 funds opened new AXT Inc positions in Q1 2023 and 17 closed out, a net change of -5 holders.
- The largest AXT Inc buyer in Q1 2023 was Needham Investment Management, an estimated $3.4M added.
- The largest AXT Inc seller in Q1 2023 was Redmond Asset Management, an estimated $991K sold.
Based on aggregated 13F filings for Q1 2023.