North Reef Capital Management LP Acquires 5.27% Passive Stake in Marketaxess Holdings Inc

North Reef Capital Management LP, along with its general partner North Reef Capital Management GP LLC and James Hanna, III, has filed a Schedule 13G indicating a new passive stake in Marketaxess Holdings Inc (MKTX). As of the event date on March 31, 2026, the reporting persons collectively beneficially own 1,875,000 shares of common stock, representing a 5.27% ownership interest in the company. The filing, submitted on May 15, 2026, establishes that the shares were acquired in the ordinary course of business and not for the purpose of influencing or changing control of the issuer. All reported shares are held with shared voting and dispositive power among the reporting entities. This position represents a significant increase from zero reported holdings in previous filings. The reporting group includes a Delaware limited partnership, a Delaware limited liability company, and an individual resident of California, all operating out of Laguna Beach, California.