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MarketAxess Holdings

506 hedge funds and large institutions have $11B invested in MarketAxess Holdings in 2023 Q4 according to their latest regulatory filings, with 95 funds opening new positions, 179 increasing their positions, 172 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 26 (+4)

40% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 68

38% more capital invested

Capital invested by funds: $7.98B → $11B (+$3.05B)

5% more funds holding

Funds holding: 484506 (+22)

4% more repeat investments, than reductions

Existing positions increased: 179 | Existing positions reduced: 172

0.19% less ownership

Funds ownership: 99.04%98.85% (-0.19%)

1% less call options, than puts

Call options by funds: $26.5M | Put options by funds: $26.7M

Holders
506
Holders Change
+22
Holders Change %
+4.55%
% of All Funds
7.38%
Holding in Top 10
6
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+200%
% of All Funds
0.09%
New
95
Increased
179
Reduced
172
Closed
68
Calls
$26.5M
Puts
$26.7M
Net Calls
-$205K
Net Calls Change
-$5.76M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.33B +$8.27M +34,197 +0.8%
BlackRock
2
BlackRock
New York
$931M -$101M -415,939 -12%
GAM
3
GuardCap Asset Management
United Kingdom
$545M -$8.25M -34,122 -2%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$518M +$15.5M +64,245 +4%
State Street
5
State Street
Massachusetts
$498M +$10.1M +41,900 +3%
VanEck Associates
6
VanEck Associates
New York
$401M +$24.6M +101,829 +8%
T. Rowe Price Investment Management
7
T. Rowe Price Investment Management
Maryland
$360M -$6.88M -28,443 -2%
Primecap Management
8
Primecap Management
California
$329M +$1.05M +4,340 +0.4%
Macquarie Group
9
Macquarie Group
Australia
$298M +$128K +530 +0.1%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$261M +$6.19M +25,599 +3%
T. Rowe Price Associates
11
T. Rowe Price Associates
Maryland
$254M +$150M +618,533 +247%
Fidelity Investments
12
Fidelity Investments
Massachusetts
$232M +$59.2M +244,961 +45%
OCBV
13
Ownership Capital B.V.
Netherlands
$226M -$6.37M -26,324 -3%
Kayne Anderson Rudnick Investment Management
14
Kayne Anderson Rudnick Investment Management
California
$193M -$5.93M -24,506 -4%
Morgan Stanley
15
Morgan Stanley
New York
$173M +$75.1M +310,569 +111%
Invesco
16
Invesco
Georgia
$172M +$11.3M +46,652 +9%
WA
17
Wasatch Advisors
Utah
$150M +$39.3M +162,544 +47%
Baillie Gifford & Co
18
Baillie Gifford & Co
United Kingdom
$150M -$25.2M -104,346 -17%
Artisan Partners
19
Artisan Partners
Wisconsin
$140M -$14.9M -61,794 -11%
Norges Bank
20
Norges Bank
Norway
$129M +$3M +12,409 +3%
EAM
21
Eagle Asset Management
Florida
$128M +$3.14M +12,993 +3%
JSP
22
Jackson Square Partners
California
$125M +$23M +95,135 +29%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$122M -$196K -811 -0.2%
Allianz Asset Management
24
Allianz Asset Management
Germany
$108M +$2.62M +10,843 +3%
Northern Trust
25
Northern Trust
Illinois
$108M -$4.51M -18,630 -5%

MKTX Hedge Fund Activity: Q4 2023 in Review

506 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in MarketAxess Holdings (MKTX) for Q4 2023, worth a combined $11B — up 38% from $7.98B a quarter earlier.

Buyers outnumbered sellers: 95 funds opened new MKTX positions and 68 closed out — a net gain of 27 holders — while 179 added to existing stakes and 172 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $150M. The largest seller was Millennium Management, cutting an estimated $117M.

  • 506 institutional investors held MarketAxess Holdings (MKTX) as of Q4 2023, up from 484 in Q3 2023.
  • Funds reported $11B of MarketAxess Holdings stock for Q4 2023, up 38% quarter-over-quarter.
  • 95 funds opened new MarketAxess Holdings positions in Q4 2023 and 68 closed out, a net change of +27 holders.
  • The largest MarketAxess Holdings buyer in Q4 2023 was T. Rowe Price Associates, an estimated $150M added.
  • The largest MarketAxess Holdings seller in Q4 2023 was Millennium Management, an estimated $117M sold.

Based on aggregated 13F filings for Q4 2023.