DFCM
AXON

Dark Forest Capital Management’s Axon Enterprise AXON Stock Holding History

Dark Forest Capital Management’s Portfolio AXON Stock Details AXON Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q4 		– Sell
-1,718
Closed -$1.23M – 976
2025
Q3 		$1.23M Buy
+1,718
New +$1.3M 0.05% 656
2025
Q2 		– Sell
-1,535
Closed -$807K – 1185
2025
Q1 		$807K Buy
+1,535
New +$898K 0.04% 789
2024
Q4 		– Sell
-722
Closed -$289K – 938
2024
Q3 		$289K Sell
722
-158
-18% -$54.5K 0.04% 646
2024
Q2 		$259K Sell
880
-737
-46% -$220K 0.05% 488
2024
Q1 		$506K Buy
+1,617
New +$449K 0.09% 275
2023
Q4 		– Sell
-7,351
Closed -$1.46M – 512
2023
Q3 		$1.46M Sell
7,351
-2,682
-27% -$528K 0.11% 257
2023
Q2 		$1.96M Buy
10,033
+9,562
+2,030% +$1.98M 0.18% 84
2023
Q1 		$106K Sell
471
-17,081
-97% -$3.4M 0.03% 640
2022
Q4 		$2.91M Buy
17,552
+17,527
+70,108% +$2.77M 0.72% 34
2022
Q3 		$3K Buy
+25
New +$2.83K ﹤0.01% 960
2022
Q2 		– Sell
-72
Closed -$9K – 898
2022
Q1 		$9K Sell
72
-1,840
-96% -$252K ﹤0.01% 1007
2021
Q4 		$300K Buy
+1,912
New +$321K 0.11% 173

Other funds holding AXON

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return
Sands Capital Management
Sands Capital Management Arlington, Virginia $25.5B AUM 26.46% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return
Edgewood Management
Edgewood Management Greenwich, Connecticut $15.5B AUM 9.67% 1-Year Est. Return

Dark Forest Capital Management's AXON Position: Q4 2025 in Review

Dark Forest Capital Management sold out of Axon Enterprise (AXON) in Q4 2025, closing a stake of 1,718 shares — an estimated $1.23M sold.

Dark Forest Capital Management first reported a position in AXON in Q4 2021 and held it in 12 quarters. The position peaked at $2.91M in Q4 2022. 1,136 funds tracked by Wall St. Rank hold AXON as of Q4 2025.

  • Dark Forest Capital Management reported no remaining Axon Enterprise position as of Q4 2025 after selling out during the quarter.
  • Dark Forest Capital Management sold 1,718 Axon Enterprise shares in Q4 2025, an estimated $1.23M.
  • Dark Forest Capital Management first reported a position in Axon Enterprise in Q4 2021 and held it in 12 quarters.
  • Dark Forest Capital Management's Axon Enterprise position peaked at $2.91M in Q4 2022.
  • 1,136 funds tracked by Wall St. Rank held Axon Enterprise as of Q4 2025.

Based on Dark Forest Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.