Robertson Opportunity Capital purchased 28,830 shares of MarketAxess (~$5.23 million). Quarter-end value increased by $5.23 million. Transaction represented a 1.9% change in 13F reportable assets under management. Post-trade stake: 28,830 shares valued at $5.23 million.

New position accounts for 1.9% of fund AUM, outside the top five holdings. MarketAxess shares priced at $171.23, down 13.7% over the past year. Company overview: Revenue (TTM) $851.21 million, Net income (TTM) $246.91 million, Dividend yield 1.75%.

Robertson’s purchase of MarketAxess is significant for investors. MarketAxess’s growth includes block trading ADV up by 29%, portfolio trading ADV by 41%, and dealer-initiated ADV up by 32%. Company operates as a leading electronic platform for fixed income trading. MarketAxess currently trades at 20 times FCF.

Considerations before buying MarketAxess stock: Motley Fool’s Stock Advisor team identified 10 best stocks to buy now, with MarketAxess not included. Stock Advisor’s total average return is 918% compared to S&P 500’s 196%.

Read more at Nasdaq: Robertson Opportunity Capital Opens $5 Million MarketAxess Position