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MarketAxess Holdings

482 hedge funds and large institutions have $11.9B invested in MarketAxess Holdings in 2020 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 170 increasing their positions, 178 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 510 (+5)

4% less repeat investments, than reductions

Existing positions increased: 170 | Existing positions reduced: 178

6% less call options, than puts

Call options by funds: $41.4M | Put options by funds: $43.9M

2.06% less ownership

Funds ownership: 96.7%94.63% (-2.1%)

5% less funds holding

Funds holding: 506482 (-24)

14% less capital invested

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

20% less first-time investments, than exits

New positions opened: 69 | Existing positions closed: 86

Holders
482
Holders Change
-24
Holders Change %
-4.74%
% of All Funds
10.62%
Holding in Top 10
10
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+100%
% of All Funds
0.22%
New
69
Increased
170
Reduced
178
Closed
86
Calls
$41.4M
Puts
$43.9M
Net Calls
-$2.53M
Net Calls Change
+$47.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.36B +$36.7M +105,401 +3%
BlackRock
2
BlackRock
New York
$1.12B +$28.2M +80,824 +2%
Baillie Gifford & Co
3
Baillie Gifford & Co
United Kingdom
$701M -$319M -915,004 -30%
State Street
4
State Street
Massachusetts
$572M -$2.38M -6,829 -0.4%
Kayne Anderson Rudnick Investment Management
5
Kayne Anderson Rudnick Investment Management
California
$535M +$1.75M +5,011 +0.3%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$533M -$62.9M -180,662 -10%
JP Morgan Chase
7
JP Morgan Chase
New York
$519M +$95M +272,647 +21%
Renaissance Technologies
8
Renaissance Technologies
New York
$400M +$85.5M +245,410 +26%
Wells Fargo
9
Wells Fargo
California
$312M +$53.9M +154,850 +20%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$303M +$24.5M +70,428 +8%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$267M -$19.1M -54,799 -6%
Neuberger Berman Group
12
Neuberger Berman Group
New York
$258M -$10.2M -29,159 -4%
Primecap Management
13
Primecap Management
California
$200M -$31M -89,100 -13%
OCBV
14
Ownership Capital B.V.
Netherlands
$189M +$14.2M +40,668 +8%
Invesco
15
Invesco
Georgia
$156M -$28.9M -82,889 -15%
WRF
16
Waddell & Reed Financial
Kansas
$148M -$2.15M -6,169 -1%
Capital World Investors
17
Capital World Investors
California
$148M -$110M -315,469 -42%
Northern Trust
18
Northern Trust
Illinois
$144M +$2.96M +8,501 +2%
Norges Bank
19
Norges Bank
Norway
$141M +$1.46M +4,185 +1%
Franklin Resources
20
Franklin Resources
California
$140M +$5.05M +14,499 +4%
American Century Companies
21
American Century Companies
Missouri
$126M +$6.48M +18,616 +5%
VBA
22
Van Berkom & Associates
Quebec, Canada
$116M +$8.62M +24,740 +8%
EAM
23
Eagle Asset Management
Florida
$112M +$14M +40,193 +13%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$111M -$2.22M -6,363 -2%
BAMCO Inc
25
BAMCO Inc
New York
$103M +$2.14M +6,138 +2%

MKTX Hedge Fund Activity: Q1 2020 in Review

482 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in MarketAxess Holdings (MKTX) for Q1 2020, worth a combined $11.9B — down 14% from $13.9B a quarter earlier.

Sellers outnumbered buyers: 86 funds closed out of MKTX and 69 opened new positions — a net loss of 17 holders — while 178 trimmed existing stakes and 170 added.

The largest buyer was JP Morgan Chase, adding an estimated $95M. The largest seller was Baillie Gifford & Co, cutting an estimated $319M.

  • 482 institutional investors held MarketAxess Holdings (MKTX) as of Q1 2020, down from 506 in Q4 2019.
  • Funds reported $11.9B of MarketAxess Holdings stock for Q1 2020, down 14% quarter-over-quarter.
  • 69 funds opened new MarketAxess Holdings positions in Q1 2020 and 86 closed out, a net change of -17 holders.
  • The largest MarketAxess Holdings buyer in Q1 2020 was JP Morgan Chase, an estimated $95M added.
  • The largest MarketAxess Holdings seller in Q1 2020 was Baillie Gifford & Co, an estimated $319M sold.

Based on aggregated 13F filings for Q1 2020.