MarketAxess Holdings
MKTX
190 hedge funds and large institutions have $2.59B invested in MarketAxess Holdings in 2014 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 58 increasing their positions, 79 reducing their positions, and 13 closing their positions.
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
13% more capital invested
Capital invested by funds: $2.3B → $2.59B (+$295M)
7% more funds holding
Funds holding: 178 → 190 (+12)
27% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 79
98% less call options, than puts
Call options by funds: $225K | Put options by funds: $11.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$42.9M |
| 2 |
Janus Henderson Group
London,
|
+$21.2M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$13.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$11.5M |
| 5 |
CIP
Chartwell Investment Partners
Berywn,
Pennsylvania
|
+$9.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$37.1M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
-$20.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$17.2M |
| 4 |
Luther King Capital Management (LKCM)
Fort Worth,
Texas
|
-$13.1M |
| 5 |
Renaissance Technologies
New York
|
-$12.2M |
MKTX Hedge Fund Activity: Q4 2014 in Review
190 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in MarketAxess Holdings (MKTX) for Q4 2014, worth a combined $2.59B — up 13% from $2.3B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new MKTX positions and 13 closed out — a net gain of 15 holders — while 58 added to existing stakes and 79 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $42.9M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $37.1M sold.
- 190 institutional investors held MarketAxess Holdings (MKTX) as of Q4 2014, up from 178 in Q3 2014.
- Funds reported $2.59B of MarketAxess Holdings stock for Q4 2014, up 13% quarter-over-quarter.
- 28 funds opened new MarketAxess Holdings positions in Q4 2014 and 13 closed out, a net change of +15 holders.
- The largest MarketAxess Holdings buyer in Q4 2014 was Lord, Abbett & Co, an estimated $42.9M added.
- The largest MarketAxess Holdings seller in Q4 2014 was TimesSquare Capital Management, an estimated $37.1M sold.
Based on aggregated 13F filings for Q4 2014.