Axon Enterprise
AXON
750 hedge funds and large institutions have $18.7B invested in Axon Enterprise in 2024 Q1 according to their latest regulatory filings, with 129 funds opening new positions, 266 increasing their positions, 247 reducing their positions, and 55 closing their positions.
135% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 55
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
20% more capital invested
Capital invested by funds: $15.5B → $18.7B (+$3.15B)
9% more funds holding
Funds holding: 686 → 750 (+64)
8% more repeat investments, than reductions
Existing positions increased: 266 | Existing positions reduced: 247
7% more call options, than puts
Call options by funds: $505M | Put options by funds: $471M
0.91% less ownership
Funds ownership: 80.2% → 79.29% (-0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$72.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$67.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$59M |
| 4 |
TCIM
TOMS Capital Investment Management
New York
|
+$51.6M |
| 5 |
JP Morgan Chase
New York
|
+$46.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$155M |
| 2 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
-$119M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$77.1M |
| 4 |
BlackRock
New York
|
-$44.5M |
| 5 |
Goldman Sachs
New York
|
-$43.8M |
AXON Hedge Fund Activity: Q1 2024 in Review
750 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Axon Enterprise (AXON) for Q1 2024, worth a combined $18.7B — up 20% from $15.5B a quarter earlier.
Buyers outnumbered sellers: 129 funds opened new AXON positions and 55 closed out — a net gain of 74 holders — while 266 added to existing stakes and 247 trimmed.
The largest buyer was 1832 Asset Management, opening a new position worth an estimated $72.5M. The largest seller was Morgan Stanley, cutting an estimated $155M.
- 750 institutional investors held Axon Enterprise (AXON) as of Q1 2024, up from 686 in Q4 2023.
- Funds reported $18.7B of Axon Enterprise stock for Q1 2024, up 20% quarter-over-quarter.
- 129 funds opened new Axon Enterprise positions in Q1 2024 and 55 closed out, a net change of +74 holders.
- The largest Axon Enterprise buyer in Q1 2024 was 1832 Asset Management, an estimated $72.5M added.
- The largest Axon Enterprise seller in Q1 2024 was Morgan Stanley, an estimated $155M sold.
Based on aggregated 13F filings for Q1 2024.