Here’s Why Upslope Capital Management Added MarketAxess (MKTX) to its Portfolio
From Yahoo Finance: 2025-04-22 09:20:00
Upslope Capital Management released its Q1 2025 investor letter, noting a challenging quarter but a positive realignment of international trade rules. The fund returned -5.1% net compared to -6.1% for the S&P Midcap 400 ETF and +0.2% for the HFRX Equity Hedge Index. MarketAxess Holdings Inc. (NASDAQ:MKTX) was highlighted as a top pick, with a one-month return of 4.10% and shares gaining 8.50% over 52 weeks.
In the investor letter, Upslope Capital Management mentioned MarketAxess Holdings Inc. (NASDAQ:MKTX) as a potentially stable or acquisition target due to its position in the fixed income/credit “exchange” duopoly. MarketAxess Holdings Inc. (NASDAQ:MKTX) stock closed at $222.17 per share on April 21, 2025, with a market capitalization of $8.487 billion.
MarketAxess Holdings Inc. (NASDAQ:MKTX) is not among the 30 Most Popular Stocks Among Hedge Funds, with 45 hedge fund portfolios holding it at the end of Q4 2024. While MarketAxess Holdings Inc. (NASDAQ:MKTX) has investment potential, the focus on AI stocks for higher returns is emphasized. For those seeking promising AI stocks at a discount, a report on the cheapest AI stock is recommended.
Read more at Yahoo Finance: Here’s Why Upslope Capital Management Added MarketAxess (MKTX) to its Portfolio