Tokio Marine Asset Management 13F: New $2.5M Stake in MKTX

In a filing on October 26, 2026, Tokio Marine Asset Management disclosed a new position of 14,990 shares in MarketAxess Holdings Inc. (MKTX), valued at approximately $2.46 million. This information comes from the fund's latest Form 13F filing with the SEC.

MKTX MarketAxess Holdings Inc.

$164.67 ▼ -6.41% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Where MarketAxess Fits in Tokio Marine Asset Management's Portfolio

This new investment represents about 0.17% of Tokio Marine's total reported value of approximately $1.46 billion. MarketAxess now ranks 35th among the 503 positions in Tokio Marine's portfolio.

Other Institutional Activity in MarketAxess

Primecap Management Company grew its holdings in MarketAxess by 157,655 shares, totaling 3,504,905 shares worth about $578.4 million. North Reef Capital Management LP added 1,520,035 shares, bringing its total to 3,395,000 shares valued at $560.2 million. Neuberger Berman Group, LLC increased its stake by 263,915 shares, ending with 1,229,929 shares worth approximately $203 million.

MarketAxess Holdings Inc. Stock Up 0.2%

MarketAxess shares closed at $164.67 on October 23, 2026. The stock has recently traded around $165.02, which is slightly above the closing price before the filing. This positions the stock close to its recent performance trends, reflecting investor interest.

Recent Earnings

MarketAxess reported trailing twelve-month revenue of approximately $871.6 million, with a net margin of 33.5% and a return on equity of 21.9%. The next earnings report is expected on February 4, 2027.

Dividend

MarketAxess pays an annual dividend of $3.12 per share, translating to a yield of about 1.9%. The dividend payout ratio stands at 36.4%.

Insider Buying and Selling at MarketAxess Holdings Inc.

Recently, several insiders sold shares of MarketAxess. Scott Pintoff, General Counsel, sold 100 shares on October 12, 2026, at an average price of $164.65, totaling $16,465. Earlier, he sold shares on September 10 and August 10, 2026. William Frank Cruger Jr., a Director, sold 6,164 shares on September 10, 2026, for about $1.01 million.

Analysts Set New Price Targets

On October 9, 2026, Morgan Stanley maintained an Equal-Weight rating on MarketAxess with a price target of $167.00. Earlier, analysts from Piper Sandler and UBS downgraded their ratings, with targets of $128.00 and $167.00, respectively. The consensus among analysts suggests continued cautious optimism around the stock.

About MarketAxess Holdings Inc.

MarketAxess Holdings operates an electronic trading platform for institutional investors and broker-dealers. The company facilitates trading in various fixed-income securities, including U.S. high-grade and high-yield bonds, as well as emerging market debt. This new investment by Tokio Marine reflects confidence in MarketAxess's growth potential in the capital markets.

Bottom Line

Investors should keep an eye on MarketAxess's upcoming earnings report on February 4, 2027, as well as any further filings from Tokio Marine Asset Management regarding its holdings. The recent changes in institutional positions may signal shifts in market sentiment towards the stock.