MarketAxess Holdings
MKTX
199 hedge funds and large institutions have $2.34B invested in MarketAxess Holdings in 2013 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 80 increasing their positions, 80 reducing their positions, and 9 closing their positions.
233% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 9
11% more funds holding
Funds holding: 179 → 199 (+20)
11% more capital invested
Capital invested by funds: $2.12B → $2.34B (+$224M)
0% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 80
3% less call options, than puts
Call options by funds: $6.6M | Put options by funds: $6.77M
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
Geneva Advisors
Chicago,
Illinois
|
+$28.2M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$26.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$11.5M |
| 5 |
O
OppenheimerFunds
New York
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$43.3M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$25.9M |
| 3 |
CPCM
Clifton Park Capital Management
Wilmington,
Delaware
|
-$22.4M |
| 4 |
Goldman Sachs
New York
|
-$12.6M |
| 5 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$12.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
201
PDT Partners
New York
| – | -$699K | -11,635 | Closed |
|
|
MF
202
Magnetar Financial
Evanston,
Illinois
| – | -$656K | -10,921 | Closed |
|
|
OC
203
Oppenheimer & Co
New York
| – | -$330K | -5,503 | Closed |
|
|
PAIM
204
Punch & Associates Investment Management
Edina,
Minnesota
| – | -$251K | -4,180 | Closed |
|
|
SCM
205
Stevens Capital Management
Radnor,
Pennsylvania
| – | -$241K | -4,027 | Closed |
|
|
TCOT
206
Trust Company of Toledo
Holland,
Ohio
| – | -$212K | -3,543 | Closed |
|
|
PCM
207
Prelude Capital Management
New York
| – | -$4K | -70 | Closed |
|
208
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -35 | Closed |
|
|
EWM
209
Elite Wealth Management
Kirkland,
Washington
| – | +$395 | +6 | New |
|
MKTX Hedge Fund Activity: Q4 2013 in Review
199 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in MarketAxess Holdings (MKTX) for Q4 2013, worth a combined $2.34B — up 11% from $2.12B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new MKTX positions and 9 closed out — a net gain of 21 holders — while 80 added to existing stakes and 80 trimmed.
The largest buyer was Geneva Advisors, adding an estimated $28.2M. The largest seller was Burgundy Asset Management, cutting an estimated $43.3M.
- 199 institutional investors held MarketAxess Holdings (MKTX) as of Q4 2013, up from 179 in Q3 2013.
- Funds reported $2.34B of MarketAxess Holdings stock for Q4 2013, up 11% quarter-over-quarter.
- 30 funds opened new MarketAxess Holdings positions in Q4 2013 and 9 closed out, a net change of +21 holders.
- The largest MarketAxess Holdings buyer in Q4 2013 was Geneva Advisors, an estimated $28.2M added.
- The largest MarketAxess Holdings seller in Q4 2013 was Burgundy Asset Management, an estimated $43.3M sold.
Based on aggregated 13F filings for Q4 2013.