MarketAxess Holdings
MKTX
463 hedge funds and large institutions have $12B invested in MarketAxess Holdings in 2019 Q3 according to their latest regulatory filings, with 83 funds opening new positions, 158 increasing their positions, 164 reducing their positions, and 36 closing their positions.
131% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 36
11% more funds holding
Funds holding: 418 → 463 (+45)
2% less capital invested
Capital invested by funds: $12.3B → $12B (-$212M)
4% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 164
3.75% less ownership
Funds ownership: 101.2% → 97.44% (-3.8%)
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
47% less call options, than puts
Call options by funds: $55.3M | Put options by funds: $103M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$101M |
| 2 |
JP Morgan Chase
New York
|
+$84.6M |
| 3 |
BlackRock
New York
|
+$82.7M |
| 4 |
Renaissance Technologies
New York
|
+$80.3M |
| 5 |
Janus Henderson Group
London,
|
+$41.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$172M |
| 2 |
N
Natixis
Paris,
France
|
-$91.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$90.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$82.4M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$57.4M |
MKTX Hedge Fund Activity: Q3 2019 in Review
463 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in MarketAxess Holdings (MKTX) for Q3 2019, worth a combined $12B — down 1.7% from $12.3B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new MKTX positions and 36 closed out — a net gain of 47 holders — while 158 added to existing stakes and 164 trimmed.
The largest buyer was Vanguard Group, adding an estimated $101M. The largest seller was Baillie Gifford & Co, cutting an estimated $172M.
- 463 institutional investors held MarketAxess Holdings (MKTX) as of Q3 2019, up from 418 in Q2 2019.
- Funds reported $12B of MarketAxess Holdings stock for Q3 2019, down 1.7% quarter-over-quarter.
- 83 funds opened new MarketAxess Holdings positions in Q3 2019 and 36 closed out, a net change of +47 holders.
- The largest MarketAxess Holdings buyer in Q3 2019 was Vanguard Group, an estimated $101M added.
- The largest MarketAxess Holdings seller in Q3 2019 was Baillie Gifford & Co, an estimated $172M sold.
Based on aggregated 13F filings for Q3 2019.