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MarketAxess Holdings

506 hedge funds and large institutions have $13.9B invested in MarketAxess Holdings in 2019 Q4 according to their latest regulatory filings, with 86 funds opening new positions, 194 increasing their positions, 159 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

161% more first-time investments, than exits

New positions opened: 86 | Existing positions closed: 33

22% more repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 159

16% more capital invested

Capital invested by funds: $11.9B → $13.9B (+$1.95B)

10% more funds holding

Funds holding: 462506 (+44)

0.74% less ownership

Funds ownership: 97.44%96.7% (-0.74%)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

51% less call options, than puts

Call options by funds: $47.1M | Put options by funds: $96.9M

Holders
506
Holders Change
+44
Holders Change %
+9.52%
% of All Funds
9.97%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.1%
New
86
Increased
194
Reduced
159
Closed
33
Calls
$47.1M
Puts
$96.9M
Net Calls
-$49.8M
Net Calls Change
-$1.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.51B +$15.5M +42,140 +1%
BlackRock
2
BlackRock
New York
$1.24B +$35.3M +96,133 +3%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$1.15B -$320M -873,038 -22%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$676M -$105M -286,615 -14%
State Street
5
State Street
Massachusetts
$655M +$22.5M +61,232 +4%
Kayne Anderson Rudnick Investment Management
6
Kayne Anderson Rudnick Investment Management
California
$608M -$11.3M -30,881 -2%
JP Morgan Chase
7
JP Morgan Chase
New York
$488M +$70.7M +192,671 +18%
Renaissance Technologies
8
Renaissance Technologies
New York
$362M +$87.2M +237,744 +33%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$325M +$8.5M +23,162 +3%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$319M +$12.4M +33,879 +4%
Neuberger Berman Group
11
Neuberger Berman Group
New York
$305M -$8.91M -24,293 -3%
Wells Fargo
12
Wells Fargo
California
$297M -$28.2M -76,881 -9%
Capital World Investors
13
Capital World Investors
California
$288M -$36.6M -99,706 -12%
Primecap Management
14
Primecap Management
California
$261M
Invesco
15
Invesco
Georgia
$210M +$20.5M +55,965 +11%
OCBV
16
Ownership Capital B.V.
Netherlands
$200M +$19.7M +53,682 +11%
WRF
17
Waddell & Reed Financial
Kansas
$172M -$38.7M -105,413 -19%
Northern Trust
18
Northern Trust
Illinois
$161M +$3.16M +8,627 +2%
Norges Bank
19
Norges Bank
Norway
$160M +$563K +1,535 +0.4%
Franklin Resources
20
Franklin Resources
California
$154M -$9.46M -25,779 -6%
Janus Henderson Group
21
Janus Henderson Group
United Kingdom
$144M -$66.8M -182,002 -32%
American Century Companies
22
American Century Companies
Missouri
$137M +$16.8M +45,936 +15%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$129M +$13.5M +36,869 +12%
Goldman Sachs
24
Goldman Sachs
New York
$129M +$46.6M +127,018 +60%
VBA
25
Van Berkom & Associates
Quebec, Canada
$123M +$239K +652 +0.2%

MKTX Hedge Fund Activity: Q4 2019 in Review

506 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in MarketAxess Holdings (MKTX) for Q4 2019, worth a combined $13.9B — up 16% from $11.9B a quarter earlier.

Buyers outnumbered sellers: 86 funds opened new MKTX positions and 33 closed out — a net gain of 53 holders — while 194 added to existing stakes and 159 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $87.2M. The largest seller was Baillie Gifford & Co, cutting an estimated $320M.

  • 506 institutional investors held MarketAxess Holdings (MKTX) as of Q4 2019, up from 462 in Q3 2019.
  • Funds reported $13.9B of MarketAxess Holdings stock for Q4 2019, up 16% quarter-over-quarter.
  • 86 funds opened new MarketAxess Holdings positions in Q4 2019 and 33 closed out, a net change of +53 holders.
  • The largest MarketAxess Holdings buyer in Q4 2019 was Renaissance Technologies, an estimated $87.2M added.
  • The largest MarketAxess Holdings seller in Q4 2019 was Baillie Gifford & Co, an estimated $320M sold.

Based on aggregated 13F filings for Q4 2019.