AXT Inc
AXTI
40 hedge funds and large institutions have $26.4M invested in AXT Inc in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 7 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
2% less funds holding
Funds holding: 41 → 40 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
20% less capital invested
Capital invested by funds: $33M → $26.4M (-$6.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$113K |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$100K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$87.6K |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$83.8K |
| 5 |
Renaissance Technologies
New York
|
+$50.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ERSOT
Employees Retirement System of Texas
Austin,
Texas
|
-$1.18M |
| 2 |
ARM
Adirondack Research & Management
Guilderland,
New York
|
-$280K |
| 3 |
Two Sigma Advisers
New York
|
-$183K |
| 4 |
RA
Royce & Associates
New York
|
-$136K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$107K |
AXTI Hedge Fund Activity: Q1 2014 in Review
40 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in AXT Inc (AXTI) for Q1 2014, worth a combined $26.4M — down 20% from $33M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of AXTI and 6 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 11 added.
The largest buyer was Shepherd Kaplan Krochuk, adding an estimated $113K. The largest seller was Employees Retirement System of Texas, exiting entirely with an estimated $1.18M sold.
- 40 institutional investors held AXT Inc (AXTI) as of Q1 2014, down from 41 in Q4 2013.
- Funds reported $26.4M of AXT Inc stock for Q1 2014, down 20% quarter-over-quarter.
- 6 funds opened new AXT Inc positions in Q1 2014 and 7 closed out, a net change of -1 holder.
- The largest AXT Inc buyer in Q1 2014 was Shepherd Kaplan Krochuk, an estimated $113K added.
- The largest AXT Inc seller in Q1 2014 was Employees Retirement System of Texas, an estimated $1.18M sold.
Based on aggregated 13F filings for Q1 2014.