Axon Enterprise
AXON
590 hedge funds and large institutions have $11.7B invested in Axon Enterprise in 2023 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 214 increasing their positions, 226 reducing their positions, and 84 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 10 → 12 (+2)
3% more capital invested
Capital invested by funds: $11.4B → $11.7B (+$361M)
1% more call options, than puts
Call options by funds: $293M | Put options by funds: $290M
0.11% less ownership
Funds ownership: 78.77% → 78.66% (-0.11%)
5% less repeat investments, than reductions
Existing positions increased: 214 | Existing positions reduced: 226
6% less funds holding
Funds holding: 627 → 590 (-37)
35% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 84
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$141M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
+$122M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
+$88.8M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$75M |
| 5 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
+$38.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$49.9M |
| 2 |
Man Group
London,
United Kingdom
|
-$47.8M |
| 3 |
FAM
Fred Alger Management
New York
|
-$46.4M |
| 4 |
Renaissance Technologies
New York
|
-$45.9M |
| 5 |
JAM
Jupiter Asset Management
London,
United Kingdom
|
-$42.7M |
AXON Hedge Fund Activity: Q3 2023 in Review
590 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Axon Enterprise (AXON) for Q3 2023, worth a combined $11.7B — up 3.2% from $11.4B a quarter earlier.
Sellers outnumbered buyers: 84 funds closed out of AXON and 55 opened new positions — a net loss of 29 holders — while 226 trimmed existing stakes and 214 added.
The largest buyer was BlackRock, adding an estimated $141M. The largest seller was Capital International Investors, cutting an estimated $49.9M.
- 590 institutional investors held Axon Enterprise (AXON) as of Q3 2023, down from 627 in Q2 2023.
- Funds reported $11.7B of Axon Enterprise stock for Q3 2023, up 3.2% quarter-over-quarter.
- 55 funds opened new Axon Enterprise positions in Q3 2023 and 84 closed out, a net change of -29 holders.
- The largest Axon Enterprise buyer in Q3 2023 was BlackRock, an estimated $141M added.
- The largest Axon Enterprise seller in Q3 2023 was Capital International Investors, an estimated $49.9M sold.
Based on aggregated 13F filings for Q3 2023.