Sands Capital Management’s Axon Enterprise AXON Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$664M	Sell	1,564,504 -44,932	-3%	-$23.3M	2.61%	15
2025 Q4	$914M	Buy	1,609,436 +167,095	+12%	+$104M	2.78%	13
2025 Q3	$1.04B	Sell	1,442,341 -168,954	-10%	-$128M	2.86%	12
2025 Q2	$1.33B	Sell	1,611,295 -288,527	-15%	-$196M	3.83%	9
2025 Q1	$999M	Sell	1,899,822 -77,414	-4%	-$45.3M	3.4%	10
2024 Q4	$1.18B	Sell	1,977,236 -133,107	-6%	-$72.4M	3.48%	9
2024 Q3	$843M	Sell	2,110,343 -449,349	-18%	-$155M	2.56%	13
2024 Q2	$753M	Buy	2,559,692 +29,598	+1%	+$8.83M	2.21%	18
2024 Q1	$792M	Sell	2,530,094 -98,558	-4%	-$27.4M	2.21%	20
2023 Q4	$679M	Buy	2,628,652 +16,347	+0.6%	+$3.68M	2.06%	21
2023 Q3	$520M	Buy	2,612,305 +619,179	+31%	+$122M	1.77%	22
2023 Q2	$389M	Buy	1,993,126 +1,004,556	+102%	+$208M	1.21%	30
2023 Q1	$222M	Buy	+988,570	New	+$197M	0.73%	38