Axon Enterprise
AXON
271 hedge funds and large institutions have $3.02B invested in Axon Enterprise in 2019 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 77 increasing their positions, 107 reducing their positions, and 54 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
4.39% more ownership
Funds ownership: 85.39% → 89.78% (+4.4%)
6% more call options, than puts
Call options by funds: $38M | Put options by funds: $36M
7% less capital invested
Capital invested by funds: $3.24B → $3.02B (-$223M)
8% less funds holding
Funds holding: 296 → 271 (-25)
28% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 107
44% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$220M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$32.7M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
+$32.1M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$20.8M |
| 5 |
BlackRock
New York
|
+$19.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$63.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$30M |
| 3 |
Morgan Stanley
New York
|
-$14.5M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$14.1M |
| 5 |
TAM
Telemark Asset Management
Boston,
Massachusetts
|
-$12.8M |
AXON Hedge Fund Activity: Q3 2019 in Review
271 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Axon Enterprise (AXON) for Q3 2019, worth a combined $3.02B — down 6.9% from $3.24B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of AXON and 30 opened new positions — a net loss of 24 holders — while 107 trimmed existing stakes and 77 added.
The largest buyer was Wellington Management Group, adding an estimated $220M. The largest seller was Janus Henderson Group, cutting an estimated $63.3M.
- 271 institutional investors held Axon Enterprise (AXON) as of Q3 2019, down from 296 in Q2 2019.
- Funds reported $3.02B of Axon Enterprise stock for Q3 2019, down 6.9% quarter-over-quarter.
- 30 funds opened new Axon Enterprise positions in Q3 2019 and 54 closed out, a net change of -24 holders.
- The largest Axon Enterprise buyer in Q3 2019 was Wellington Management Group, an estimated $220M added.
- The largest Axon Enterprise seller in Q3 2019 was Janus Henderson Group, an estimated $63.3M sold.
Based on aggregated 13F filings for Q3 2019.