Axon Enterprise
AXON
349 hedge funds and large institutions have $5.24B invested in Axon Enterprise in 2020 Q2 according to their latest regulatory filings, with 83 funds opening new positions, 116 increasing their positions, 105 reducing their positions, and 35 closing their positions.
137% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 35
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
47% more call options, than puts
Call options by funds: $148M | Put options by funds: $101M
40% more capital invested
Capital invested by funds: $3.73B → $5.24B (+$1.51B)
15% more funds holding
Funds holding: 303 → 349 (+46)
10% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 105
3.73% less ownership
Funds ownership: 88.59% → 84.85% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$160M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$47.7M |
| 3 |
CCM
Composite Capital Management
Hong Kong
|
+$44.6M |
| 4 |
Goldman Sachs
New York
|
+$34M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$88M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$76.2M |
| 3 |
BlackRock
New York
|
-$66.5M |
| 4 |
State Street
Boston,
Massachusetts
|
-$63.8M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$34.9M |
AXON Hedge Fund Activity: Q2 2020 in Review
349 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Axon Enterprise (AXON) for Q2 2020, worth a combined $5.24B — up 40% from $3.73B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new AXON positions and 35 closed out — a net gain of 48 holders — while 116 added to existing stakes and 105 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $160M. The largest seller was Wellington Management Group, cutting an estimated $88M.
- 349 institutional investors held Axon Enterprise (AXON) as of Q2 2020, up from 303 in Q1 2020.
- Funds reported $5.24B of Axon Enterprise stock for Q2 2020, up 40% quarter-over-quarter.
- 83 funds opened new Axon Enterprise positions in Q2 2020 and 35 closed out, a net change of +48 holders.
- The largest Axon Enterprise buyer in Q2 2020 was Fidelity Investments, an estimated $160M added.
- The largest Axon Enterprise seller in Q2 2020 was Wellington Management Group, an estimated $88M sold.
Based on aggregated 13F filings for Q2 2020.