Axon Enterprise
AXON
406 hedge funds and large institutions have $6.96B invested in Axon Enterprise in 2021 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 123 increasing their positions, 157 reducing their positions, and 45 closing their positions.
60% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 45
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
11% more capital invested
Capital invested by funds: $6.25B → $6.96B (+$708M)
7% more funds holding
Funds holding: 381 → 406 (+25)
9% more call options, than puts
Call options by funds: $101M | Put options by funds: $92.1M
3.56% less ownership
Funds ownership: 80.4% → 76.84% (-3.6%)
22% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 157
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$336M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$54.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$39.7M |
| 4 |
BlackRock
New York
|
+$28.5M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$27.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$213M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$156M |
| 3 |
PCH
Polar Capital Holdings
London,
United Kingdom
|
-$94.2M |
| 4 |
ACA
Abdiel Capital Advisors
New York
|
-$66.8M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$51.8M |
AXON Hedge Fund Activity: Q1 2021 in Review
406 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Axon Enterprise (AXON) for Q1 2021, worth a combined $6.96B — up 11% from $6.25B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new AXON positions and 45 closed out — a net gain of 27 holders — while 123 added to existing stakes and 157 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $336M. The largest seller was Fidelity Investments, cutting an estimated $213M.
- 406 institutional investors held Axon Enterprise (AXON) as of Q1 2021, up from 381 in Q4 2020.
- Funds reported $6.96B of Axon Enterprise stock for Q1 2021, up 11% quarter-over-quarter.
- 72 funds opened new Axon Enterprise positions in Q1 2021 and 45 closed out, a net change of +27 holders.
- The largest Axon Enterprise buyer in Q1 2021 was Morgan Stanley, an estimated $336M added.
- The largest Axon Enterprise seller in Q1 2021 was Fidelity Investments, an estimated $213M sold.
Based on aggregated 13F filings for Q1 2021.