Axon Enterprise
AXON
627 hedge funds and large institutions have $11.4B invested in Axon Enterprise in 2023 Q2 according to their latest regulatory filings, with 107 funds opening new positions, 216 increasing their positions, 209 reducing their positions, and 82 closing their positions.
30% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 82
4% more funds holding
Funds holding: 604 → 627 (+23)
3% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 209
0.15% more ownership
Funds ownership: 78.62% → 78.77% (+0.15%)
3% less call options, than puts
Call options by funds: $175M | Put options by funds: $181M
12% less capital invested
Capital invested by funds: $12.9B → $11.4B (-$1.52B)
29% less funds holding in top 10
Funds holding in top 10: 14 → 10 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$356M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
+$208M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$149M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$119M |
| 5 |
State Street
Boston,
Massachusetts
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$502M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$373M |
| 3 |
BlackRock
New York
|
-$202M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$83.1M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$69.8M |
AXON Hedge Fund Activity: Q2 2023 in Review
627 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Axon Enterprise (AXON) for Q2 2023, worth a combined $11.4B — down 12% from $12.9B a quarter earlier.
Buyers outnumbered sellers: 107 funds opened new AXON positions and 82 closed out — a net gain of 25 holders — while 216 added to existing stakes and 209 trimmed.
The largest buyer was Vanguard Group, adding an estimated $356M. The largest seller was Capital International Investors, cutting an estimated $502M.
- 627 institutional investors held Axon Enterprise (AXON) as of Q2 2023, up from 604 in Q1 2023.
- Funds reported $11.4B of Axon Enterprise stock for Q2 2023, down 12% quarter-over-quarter.
- 107 funds opened new Axon Enterprise positions in Q2 2023 and 82 closed out, a net change of +25 holders.
- The largest Axon Enterprise buyer in Q2 2023 was Vanguard Group, an estimated $356M added.
- The largest Axon Enterprise seller in Q2 2023 was Capital International Investors, an estimated $502M sold.
Based on aggregated 13F filings for Q2 2023.