MarketAxess Holdings
MKTX
189 hedge funds and large institutions have $2.1B invested in MarketAxess Holdings in 2014 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 72 increasing their positions, 81 reducing their positions, and 25 closing their positions.
1.54% more ownership
Funds ownership: 92.73% → 94.28% (+1.5%)
5% less funds holding
Funds holding: 198 → 189 (-9)
10% less capital invested
Capital invested by funds: $2.34B → $2.1B (-$239M)
11% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 81
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less call options, than puts
Call options by funds: $3.86M | Put options by funds: $5.34M
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$32.3M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$20.6M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$13.1M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.9M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
+$7.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$10.6M |
| 2 |
TA
Teachers Advisors
New York
|
-$8.9M |
| 3 |
ACMM
Arbor Capital Management (Minnesota)
Minneapolis,
Minnesota
|
-$6.5M |
| 4 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$6.42M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$5.87M |
MKTX Hedge Fund Activity: Q1 2014 in Review
189 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in MarketAxess Holdings (MKTX) for Q1 2014, worth a combined $2.1B — down 10% from $2.34B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of MKTX and 16 opened new positions — a net loss of 9 holders — while 81 trimmed existing stakes and 72 added.
The largest buyer was Wells Fargo, adding an estimated $32.3M. The largest seller was AJO LP, exiting entirely with an estimated $10.6M sold.
- 189 institutional investors held MarketAxess Holdings (MKTX) as of Q1 2014, down from 198 in Q4 2013.
- Funds reported $2.1B of MarketAxess Holdings stock for Q1 2014, down 10% quarter-over-quarter.
- 16 funds opened new MarketAxess Holdings positions in Q1 2014 and 25 closed out, a net change of -9 holders.
- The largest MarketAxess Holdings buyer in Q1 2014 was Wells Fargo, an estimated $32.3M added.
- The largest MarketAxess Holdings seller in Q1 2014 was AJO LP, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2014.