Azora Capital LP established a new position in MarketAxess Holdings Inc. by purchasing 513,081 shares. The investment is valued at approximately $58.23 million. This purchase gives Azora Capital a 1.46% ownership stake in the financial services provider.
MarketAxess now ranks as the 14th largest holding in Azora Capital’s portfolio. The position accounts for roughly 2.5% of the fund's total assets.
The acquisition was revealed in a recent SEC filing. Other institutional investors have also recently adjusted their positions in the company.