MarketAxess Holdings
MKTX
262 hedge funds and large institutions have $4.5B invested in MarketAxess Holdings in 2016 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 90 increasing their positions, 109 reducing their positions, and 18 closing their positions.
133% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 18
11% more capital invested
Capital invested by funds: $4.06B → $4.5B (+$436M)
9% more funds holding
Funds holding: 240 → 262 (+22)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
17% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 109
31% less call options, than puts
Call options by funds: $1.96M | Put options by funds: $2.86M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$76.7M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.4M |
| 3 |
BAMCO Inc
New York
|
+$24.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$21.8M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$67.6M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$39.5M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$34.2M |
| 4 |
RIM
RS Investment Management
San Francisco,
California
|
-$26.4M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$21.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Citadel Advisors
Miami,
Florida
| – | -$168K | -1,468 | Closed |
|
277
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$45K | -400 | Closed |
|
|
GT
278
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$39K | -355 | Closed |
|
|
ACS
279
Archford Capital Strategies
Swansea,
Illinois
| – | -$12K | -92 | Closed |
|
|
PCP
280
Proficio Capital Partners
Newton,
Massachusetts
| – | -$4K | -36 | Closed |
|
MKTX Hedge Fund Activity: Q1 2016 in Review
262 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in MarketAxess Holdings (MKTX) for Q1 2016, worth a combined $4.5B — up 11% from $4.06B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new MKTX positions and 18 closed out — a net gain of 24 holders — while 90 added to existing stakes and 109 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $76.7M. The largest seller was Wells Fargo, cutting an estimated $67.6M.
- 262 institutional investors held MarketAxess Holdings (MKTX) as of Q1 2016, up from 240 in Q4 2015.
- Funds reported $4.5B of MarketAxess Holdings stock for Q1 2016, up 11% quarter-over-quarter.
- 42 funds opened new MarketAxess Holdings positions in Q1 2016 and 18 closed out, a net change of +24 holders.
- The largest MarketAxess Holdings buyer in Q1 2016 was Wellington Management Group, an estimated $76.7M added.
- The largest MarketAxess Holdings seller in Q1 2016 was Wells Fargo, an estimated $67.6M sold.
Based on aggregated 13F filings for Q1 2016.