AXT Inc
AXTI
94 hedge funds and large institutions have $155M invested in AXT Inc in 2020 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 37 reducing their positions, and 18 closing their positions.
140% more call options, than puts
Call options by funds: $752K | Put options by funds: $313K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more capital invested
Capital invested by funds: $124M → $155M (+$30.8M)
1.63% less ownership
Funds ownership: 63.95% → 62.32% (-1.6%)
3% less funds holding
Funds holding: 97 → 94 (-3)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
46% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$4.65M |
| 2 |
NIM
Needham Investment Management
New York
|
+$3.54M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.32M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$1.18M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$1.97M |
| 2 |
RA
Royce & Associates
New York
|
-$1.94M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$1.56M |
| 4 |
Morgan Stanley
New York
|
-$1.28M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TAM
101
Tocqueville Asset Management
New York
| – | -$100K | -20,950 | Closed |
|
|
VF
102
Virtu Financial
New York
| – | -$96K | -20,087 | Closed |
|
|
GCP
103
GSA Capital Partners
London,
United Kingdom
| – | -$84K | -17,551 | Closed |
|
|
PP
104
Paloma Partners
Greenwich,
Connecticut
| – | -$56K | -11,785 | Closed |
|
105
Jane Street
New York
| – | -$49K | -10,348 | Closed |
|
|
ZIM
106
Zacks Investment Management
Chicago,
Illinois
| – | -$49K | -10,209 | Closed |
|
|
CAN
107
Cetera Advisor Networks
El Segundo,
California
| – | -$5K | -1,000 | Closed |
|
108
Simplex Trading
Chicago,
Illinois
| – | -$4.16K | -819 | Closed |
|
|
EI
109
Ellevest Inc
New York
| – | -$2K | -423 | Closed |
|
|
PFO
110
Pathstone Family Office
Englewood,
New Jersey
| – | -$142 | -28 | -50% |
|
AXTI Hedge Fund Activity: Q3 2020 in Review
94 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in AXT Inc (AXTI) for Q3 2020, worth a combined $155M — up 25% from $124M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of AXTI and 16 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 20 added.
The largest buyer was Wellington Management Group, adding an estimated $4.65M. The largest seller was Millennium Management, cutting an estimated $1.97M.
- 94 institutional investors held AXT Inc (AXTI) as of Q3 2020, down from 97 in Q2 2020.
- Funds reported $155M of AXT Inc stock for Q3 2020, up 25% quarter-over-quarter.
- 16 funds opened new AXT Inc positions in Q3 2020 and 18 closed out, a net change of -2 holders.
- The largest AXT Inc buyer in Q3 2020 was Wellington Management Group, an estimated $4.65M added.
- The largest AXT Inc seller in Q3 2020 was Millennium Management, an estimated $1.97M sold.
Based on aggregated 13F filings for Q3 2020.