AXT Inc
AXTI
88 hedge funds and large institutions have $95.6M invested in AXT Inc in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 28 reducing their positions, and 16 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 28
1.28% more ownership
Funds ownership: 54.32% → 55.6% (+1.3%)
5% less funds holding
Funds holding: 93 → 88 (-5)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
38% less capital invested
Capital invested by funds: $153M → $95.6M (-$57.9M)
44% less call options, than puts
Call options by funds: $384K | Put options by funds: $681K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Raging Capital Management
Rocky Hill,
New Jersey
|
+$2.5M |
| 2 |
RA
Royce & Associates
New York
|
+$1.58M |
| 3 |
Renaissance Technologies
New York
|
+$1.29M |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$1.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$3.86M |
| 2 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$2.89M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.05M |
| 4 |
Morgan Stanley
New York
|
-$823K |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$644K |
AXTI Hedge Fund Activity: Q4 2018 in Review
88 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in AXT Inc (AXTI) for Q4 2018, worth a combined $95.6M — down 38% from $153M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of AXTI and 12 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 36 added.
The largest buyer was Raging Capital Management, opening a new position worth an estimated $2.5M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $3.86M sold.
- 88 institutional investors held AXT Inc (AXTI) as of Q4 2018, down from 93 in Q3 2018.
- Funds reported $95.6M of AXT Inc stock for Q4 2018, down 38% quarter-over-quarter.
- 12 funds opened new AXT Inc positions in Q4 2018 and 16 closed out, a net change of -4 holders.
- The largest AXT Inc buyer in Q4 2018 was Raging Capital Management, an estimated $2.5M added.
- The largest AXT Inc seller in Q4 2018 was Hood River Capital Management, an estimated $3.86M sold.
Based on aggregated 13F filings for Q4 2018.