Axon Enterprise
AXON
604 hedge funds and large institutions have $12.9B invested in Axon Enterprise in 2023 Q1 according to their latest regulatory filings, with 161 funds opening new positions, 175 increasing their positions, 181 reducing their positions, and 62 closing their positions.
160% more first-time investments, than exits
New positions opened: 161 | Existing positions closed: 62
96% more call options, than puts
Call options by funds: $263M | Put options by funds: $134M
38% more capital invested
Capital invested by funds: $9.31B → $12.9B (+$3.58B)
18% more funds holding
Funds holding: 513 → 604 (+91)
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
0.51% less ownership
Funds ownership: 79.13% → 78.62% (-0.51%)
3% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 181
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sands Capital Management
Arlington,
Virginia
|
+$197M |
| 2 |
BlackRock
New York
|
+$173M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$58.8M |
| 4 |
State Street
Boston,
Massachusetts
|
+$53M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$40.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$138M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$111M |
| 3 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$86M |
| 4 |
William Blair Investment Management
Chicago,
Illinois
|
-$59.2M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$54.1M |
AXON Hedge Fund Activity: Q1 2023 in Review
604 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Axon Enterprise (AXON) for Q1 2023, worth a combined $12.9B — up 38% from $9.31B a quarter earlier.
Buyers outnumbered sellers: 161 funds opened new AXON positions and 62 closed out — a net gain of 99 holders — while 175 added to existing stakes and 181 trimmed.
The largest buyer was Sands Capital Management, opening a new position worth an estimated $197M. The largest seller was Morgan Stanley, cutting an estimated $138M.
- 604 institutional investors held Axon Enterprise (AXON) as of Q1 2023, up from 513 in Q4 2022.
- Funds reported $12.9B of Axon Enterprise stock for Q1 2023, up 38% quarter-over-quarter.
- 161 funds opened new Axon Enterprise positions in Q1 2023 and 62 closed out, a net change of +99 holders.
- The largest Axon Enterprise buyer in Q1 2023 was Sands Capital Management, an estimated $197M added.
- The largest Axon Enterprise seller in Q1 2023 was Morgan Stanley, an estimated $138M sold.
Based on aggregated 13F filings for Q1 2023.